Canada’s six regional development agencies will direct federal COVID-19 relief funding to small and mid-sized companies and sectors that fall between the cracks of other relief programs.
Organization: Community Futures Network of Canada
By the numbers: Saving Canada’s startups and SMEs from the economic impacts of COVID-19
Putting Ottawa’s grand rescue plan for Canadian SMEs in context
Canada’s innovation sector secures new federal emergency support for startups
The federal government is providing $1.2 billion in emergency funding to help startups and rural businesses survive the COVID-19 crisis. Participants in Canada’s innovation sector say government could also help by providing tax incentives, matching funding and loans for angel investment.