I think that CanNor, the Canadian Northern Economic Development Agency, can play an incredible role. It has been a supporter of our organization in the marketing we've done for the Northwest Territories and for small business. I think it needs to create some flexible criteria around the funds that it makes available. It's very difficult for small businesses that don't have the cash flow to put up their percentage of what's needed from that funding criteria. Perhaps it could offer some relief. Perhaps there is a temporary period when CanNor could offer assistance to those small businesses, both to get them through the period now with liquidity and to help them reinvest when they have revenue flowing again. Some flexibility from CanNor in what kinds of programs it can offer could lead it to being the relief agent small businesses need here.
On April 8th, 2020. See this statement in context.