Trudeau announces bridge loans for big businesses hit by COVID-19

The federal government is offering bridge financing for big Canadian businesses across all sectors to help them keep employees on the payroll through the COVID-19 pandemic, but there are conditions attached — including a requirement that companies receiving the loans disclose their environmental plans.

#COVID19 #coronavirus #Canada

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[hildamorrison]

We should not be helping the big businesses - it's the small and medium businesses that need the help & that need to get back to work.

[farisadam]

The reporter :"With all respect, you didn't answer the question" 😊again no answer in English and French 🤔
It's realy wasting time to watching!

[aquarius]

watching these news anchors talk about gov spending and the people being on the hook for the spending.... dident the news media ask for money that we are all on the hook for ????

[justacutie]

What about the mom and pop pizza places and other small businesses that are shutting down because they can't afford to stay opens what the heck??

[masahirogo]

Members of the liberal party should cut their own pension. Use the money to fund city’s shortfalls because Trudeau, Tam, Patty brought Canadians this disaster

[Jonathan]

Business don’t need loans, they need to work. Loans are just going to put these companies under undue financial pressure when they re-open.

[davidbate]

We really need to push the Government to help the most vulnerable at this time. Ontario Works pays monthly $735.00, Ontario Disability Support Program pays monthly $1169.00. We need to stop shaming these people and give them at least enough to make ends meet. The average 1 bedroom unit in Ontario is $1400.00. This leaves a person forced to use credit, and this is not allowed under the current program. Canada needs a Universal Basic Income program NOW and not CERB as it is very flawed .

[andrewbursey]

How's that ethics violation being handled?

[kingalfonso]

I support "FREE SPEECH" which is why I donated to "Rebel Media".
They don't censor their YouTube Channel unlike CBC, so feel free to check them out and comment.

[trinity]

One things for sure...things are getting shaken up all around. The *Parasites* are being found and are gonna get cleaned out.

[LP-qnth]

So no one is excited that big companies are being treated the same as small businesses by getting loans rather than bailouts? Can someone please tell me what I'm missing here?

[sharpshooter]

Hey JT how come you don't take questions from rebel news

[janinebischoff]

Bail outs, bail outs, bail outs. I knew this was going to happen. What a crock!

[agapa]

Why we never see any other government members just Justin. And why he is attached to his cottage (by chain)

[canadianbeeph]

Big businesses, you small business owners go home before we arrest you!. lol what a joke of a leader.

[maryannscott]

My goodness. If you don’t have a job, your not free.

[FollowHim]

And SMALL business? That can't properly thank the government financially? Out of business?

[BudzzableRides]

Still waiting for the carbon tax money I’m getting back Justin to help me pay for the huge tax increases we have all had to swallow to accommodate your pay increase!

[MrTano]

How about Canadians stuck overseas and not being able to get back to Canada...??

[AcidFlash]

There have to be a number of conditions met to qualify. Nobody in upper management is to get any kind of bonus, stock options, or anything else above their normal salary (immediate or deferred). Upper management has to accept a permanent minimum of 10% pay cut to be applied to paying off the loan and provisions so that the money is not "Made Up" at some point. For far too long executives have made a killing on bail-out packages, they have to do their part now. Instead of buying back their stock, they should have been banking money for something like this.