Industry committee  Thank you, Madam Chair. I would note that the BCAP is part of a suite of liquidity supports that are available to businesses. It has been a little slower in the take-up in comparison with some of the other programs. The CEBA program, for example, has about $31 billion out the do

Industry committee  There's been a lot of attention to service delivery, both with the CEBA product and its various iterations, as there has been with the BCAP. Those service standards, as well as the overall lending authorizations, are tracked pretty rigorously.

Industry committee  I'd say that 25% of the loan can already be written off, which is the technical term.

Industry committee  The Department of Finance has led a number of efforts with the banks on the special measures they're extending on relief to mortgages and interest rates, measures like that. The main measure in development right now is rent relief, in conjunction with the provinces, which will pr

Industry committee  I repeat my earlier answer that we're going to take that under advisement, and I'd have to pursue that with the Crown agencies that are more directly involved in the lending and the Department of Finance. I unfortunately don't have an answer to that question at present.

Industry committee  As we've indicated, these examples are hugely important and we're passing them on and there's continual reassessment—

Industry committee  —of the measures, but I would also indicate that other measures are in play—

Industry committee  There are other supports.

Industry committee  Thank you. A number of measures have already been implemented. We're working closely with many stakeholders to monitor the implementation and impact of these measures and to see whether any gaps and needs remain. The time frame for these measures may be reconsidered. There are o

Industry committee  I would just indicate that there's been a lot of feedback on the whole issue of payroll, and that was what drove the decision to change the payroll parameter threshold from the $50,000 threshold down to the $20,000 threshold. Clearly, there's continued concern on that, which we'r

Industry committee  Madam Chair, I can assure the member that that issue is very much on the radar. It's been identified and is certainly being discussed and shared with the Department of Finance and other colleagues across government.

Industry committee  Perhaps I could take that question with respect to eligibility for the CEBA program, the Canada emergency business account. The eligibility exclusion you're referring to is for federal members of Parliament. It doesn't pertain to other—

Industry committee  We will certainly follow up.

Industry committee  That's something I'd have to take under advisement and follow up.

Industry committee  I would have to speak with the Crown agencies that are responsible for the lending decisions on that.