Discussion · Oral Questions
Mélanie Joly Liberal
“We announced $1.5 billion today to help businesses with their cash flow. We are offering them loans with no interest in the first year and low interest after that. Business groups support this help.”
“Mr. Speaker, I thank my colleague for her important question. The fact is that we announced some good news for our businesses this morning: $1.5 billion to help with cash flow. Extremely favourable loans are also on the table, with 0% interest in the first year and very low interest rates in the second and third years. Furthermore, there is no requirement to repay the loan before the end of the term, that is, in three years. We are doing that because we know that our businesses need help. We are there to help them. We received a positive response from the Conseil du patronat du Québec and from Manufacturiers et exportateurs du Québec. We are meeting their needs to the letter.”
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Government answer in Question Period
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Mr. Speaker, I thank my colleague for her important question. The fact is that we announced some good news for our businesses this morning: $1.5 billion to help with cash flow. Extremely favourable loans are also on the table, with 0% interest in the first year and very low interest rates in the second and third years. Furthermore, there is no requirement to repay the loan before the end of the term, that is, in three years. We are doing that because we know that our businesses need help. We are there to help them. We received a positive response from the Conseil du patronat du Québec and from Manufacturiers et exportateurs du Québec. We are meeting their needs to the letter.