Global Trade Alert
Global Trade Alert

Canada: Launch of the new Small and Medium-sized Enterprise Loan and Guarantee program for businesses impacted by COVID-19

Announcement

27 Mar 2021

In March 2020, Business Development Bank of Canada (BDC) and Export Development Canada (EDC) launched the Small and Medium-sized Enterprise Loan and Guarantee program to support businesses affected by the COVID-19.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Mar 2021

Revocation date:

No revocation date

Announced: 27 Mar 2021
Lending support In force
On 27 March 2020, BDC, Canada’s bank for entrepreneurs, and Export Development Canada (EDC), Canada’s export credit agency established the Small and Medium-sized Enterprise Loan and Guarantee program ...
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Announced: 27 Mar 2021
Loan guarantee In force
On 27 March 2020, the Business Development Bank of Canada (BDC) and Export Development Canada (EDC) launched the new CAD 40 billion (USD 28.3 billion) Small and Medium-sized Enterprise Loan and Guaran...
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