PM's Update - Small Business, Arts, and Energy

April 17, 2020

1)      Small businesses:

  • $962 Million to regional development agencies and the Communities future network.

  • $270 Million to Futurepreneur and similar programs.

2)      Energy sector:

  • $1.7 Billion to clean up orphan and inactive wells.

  • $750 Million emission reduction fund (focusing on methane).

  • BDC and EDC to increase the credit for middle size energy companies.

3)      Arts and Sports:

  • $500 Million to Heritage Canada to support our artists, culture and sports sectors.  This will help with job support and financing.

4)      $2,000/month Canada Emergency Response Benefit:

  • 7.5 Million payments have been made under CERB.