Han Dong at the Industry, Science and Technology Committee

On April 26th, 2022. See this statement in context.

April 26th, 2022 / 5:20 p.m.

Liberal

Han Dong Liberal Don Valley North, ON

Thank you.

There's just one small confusion here. I see in the co-lending program, which offers up to $12.5 million to SMEs, that the financing split is 80% to 20% between BDC and private sectors, and it ends in December 2021. There is another similar program under BCAP, provided by EDC, that ends the same day in December 2021. Is there an overlap of programs, or are they just serving different types of clients?

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