Mr. Speaker, I thank the member for her hard work on behalf of businesses in her riding, Vimy.
Many businesses continue to be hard hit and are struggling with reduced revenues and uncertainty because of COVID-19. On Tuesday, our government launched the new highly affected sectors credit availability program, otherwise called HASCAP, as another way of providing a critical lifeline to our hardest hit businesses. HASCAP will provide 100% government-guaranteed low-interest loans of $25,000 to $1 million, and for those businesses with multiple locations under one entity, up to $6.25 million so they can bridge to the other side of this pandemic.
Our government will always stand up for our amazing small businesses and entrepreneurs in Canada.