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COVID-19 Pandemic  Madam Chair, my department does a call every day with literally over 1,000 businesses and associations, and very specific questions like this are coming up. I would like to follow up with the hon. member and provide him with information to help him with the businesses in his area.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, that business, like so many of our businesses across the country, is absolutely so important to our communities. That is why we have been listening so intently to business owners' concerns and have made available the many measures to help them keep their employees, help them with the cash flow that is needed during this difficult period and help them keep their costs low by deferring the GST and HST and customs duties.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, that is a really good question. I want the hon. member to know we are listening intently. We are working on that very issue and hope to be able to share information very shortly.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, all of our businesses across the country and our entrepreneurs and business owners are really important, and it is essential that we support them through this period. That is why we launched many of the measures to help them through this difficult period. However, as I have said before, the work is not done.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, we are working very hard to get this out as soon as we possibly can, because we know how urgent and how important it is for businesses to see this support for their employees.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, we know that sectors such as tourism, as well as seasonal businesses, are facing the unique realities and challenges of COVID-19. That is why our government announced additional supports just last week through our regional development agencies, as well as through the Community Futures Canada network, so that we can help these businesses in that sector, as well as some of the businesses that operate in rural Canada.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, absolutely, we are continuing to do the work. We are listening to businesses all over the country, particularly the businesses that are in the north. We are continuing to do this work, which is not done yet, to make sure that businesses get the cash flow support they need during this difficult period.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, the Canadian emergency wage subsidy is, of course, available so that we can help keep our businesses and save our jobs. We know that businesses are much better primed for recovery when a business and its employees are together, which is why we have implemented a program to provide a 75% wage subsidy.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, the BCAP that we have put forth provides government guarantees to Canada's financial institutions, banks and credit unions, and are absolutely available to Canadian small and medium-sized businesses of all sectors. These are not only the $40,000 interest-free loans that are available, but indeed loans that go up to $12.5 million are available to Canada's small and medium-sized businesses, including those in the oil and gas sector.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, of course, for the small business loan of $40,000, as members already know, it is a payroll size of $20,000 to $1.5 million. That is the eligibility criteria for that category of loans. For other loans that are available, they are up to $12.5 million, and one can go to the financial institution and get access to that funding.

April 20th, 2020House debate

Mary NgLiberal

COVID-19 Pandemic  Madam Chair, it is really important for us to support all small businesses across the country, including those very important businesses in Alberta in the oil and gas sector. We want to make sure that those businesses are absolutely supported through the lending program. We have unleashed enormous liquidity into the marketplace, and we want to make sure that those businesses also get access to that liquidity through financial institutions.

April 20th, 2020House debate

Mary NgLiberal

Regional Economic Development  Mr. Speaker, those businesses indeed are really important to the communities in the north, and indeed to the Canadian economy. This is why we have introduced a number of measures, and one of the measures that we announced just the other day is support through the regional development agencies that will help those businesses in the north, support them in this very difficult time and get them on the road to recovery when it is safe to do so.

April 20th, 2020House debate

Mary NgLiberal

Regional Economic Development  Mr. Speaker, we recognize that some sectors, like tourism as well as seasonal businesses, are facing unique realities and challenges of COVID-19. That is why the Prime Minister and our Minister of Economic Development announced an investment of $675 million in our six regional development agencies and $287 million in the Community Futures Network.

April 20th, 2020House debate

Mary NgLiberal

Small and Medium-sized Businesses  Mr. Speaker, I thank the member for OrlĂ©ans for her question. In the past few weeks, she has worked hard to stand up for the businesses in her riding. During these difficult times, we have seen our small business owners put up their hands and ask us what they can do to help. Because of them, our government is investing $2 billion to purchase personal protective equipment, including things like more masks, face shields, gowns, ventilators, test kits, swabs and hand sanitizers.

April 20th, 2020House debate

Mary NgLiberal

Small and Medium-Sized Enterprises  Mr. Speaker, the Canadian small businesses that the hon. member talks about are really important to all of our businesses in every community across the country. That is why we have made supports available through the Canada emergency business account, as well as the Canada emergency wage subsidy, so that businesses all across the country can access funds to help bridge some of the costs during this period and keep their employees.

April 20th, 2020House debate

Mary NgLiberal