This program was built in an unprecedented time of the pandemic, and the deliverable was to deliver at speed and to introduce liquidity into the economy for the benefit of small business. Over 900,000 businesses were supported at a time when they were struggling, when they were facing bankruptcy and when they were challenged—in fact, very challenged—not only to support their employees and meet their costs, but also to support their families, given that many of these organizations are entrepreneurs.
On December 4th, 2024. See this statement in context.