News & Articles - financial support

  • canada Ontario

    Feds Launch Program that Provides Financial Aid to Hard-Hit Businesses

    Eligible businesses can now start applying to the Highly Affected Sectors Credit Availability Program (HASCAP). Announced Jan. 26, the program provides financial support to businesses across the country, in all sectors, that have been hardest hit by the pandemic. This includes restaurants, businesses in the tourism and hospitality sectors, and those that rely on in-person service. Through HASCAP, the Business Development Bank of Canada will work with participating Canadian financial institutions to offer government guaranteed, low interest loans of up…

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  • Dormant Venues to be Lit Up as Reminder of Pandemic’s Devastating Impact  

    Event venues across the country will be lit up red for one hour after sundown on Sept. 22, to raise awareness for an industry that continues to feel the economic fallout of the pandemic and will be one of the last to recover. The initiative is led by Live Event Community, an organization that was formed in March in the aftermath of mass event cancellations due to COVID-19. “People are really looking to do something, however symbolic it may be,”…

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