This was a complex program that provided support to over 900,000 small businesses across Canada. It was provided in an unprecedented time, and it was a very complex program that necessitated a number of changes. The application criteria were changed five times. The eligibility criteria were changed five times. In fact, the actual loan amount was adjusted as well, as was the repayment deadline. This meant that this program was incredibly important.
On December 4th, 2024. See this statement in context.