Parliament's budget watchdog Yves Giroux on Parliament Hill in Ottawa, on March 10, 2020. Crown corporations have handed out an estimated $422 million in "liquidity support" to businesses since the start of the pandemic.
Four Crown corporations account for roughly $236 billion in loans or deferrals handed out since the start of the pandemic to make it easier for businesses to manage costs. The measures are mostly to be repaid, with just some portions of loans being forgivable, meaning they are unlikely to have a large impact on the federal deficit.
Billion or million? I believe there is a typo!
What, another money scandal while JustinTrudeau is in charge, say it ain't so, he is such an honest leader. There is no way he would mishandle our tax dollars, and spend it freely, but not tell us where its going.