Some of the BDIC clients have had limited or no revenue over the last year due to the pandemic. Yet, they are required to pay interest and principal amounts on equipment that is not generating any revenue or assets that are sitting idle. Considering that the BDIC is a developmental lender, will the Minister consider having the BDIC waive some of the interest accrued on BDIC loans as a supportive initiative for those businesses impacted by the pandemic? This would allow them to, hopefully, the ones who require the help, survive this probably another year of slow business.
Rocky Simpson on Question 687-19(2): Small Business Supports
In the Legislative Assembly on March 30th, 2021. See this statement in context.
Question 687-19(2): Small Business Supports
Oral Questions
March 30th, 2021
Page 2607
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