Question Period Note: PrairiesCan Impementation of Budget 2021 Programs

PrairiesCan Impementation of Budget 2021 Programs

• Through Prairies Economic Development Canada (PrairiesCan), we are delivering COVID-19 recovery programs in the Prairies, to help businesses and communities bounce back from the economic impact of the pandemic.
• This includes $600 million* in new economic recovery measures announced in Budget 2021, which will provide targeted support to businesses and communities in Alberta, Saskatchewan and Manitoba.
• PrairiesCan is accepting applications for these programs. Our intent is to deliver this funding quickly to ensure businesses get the support they need

There is no background data for this question.

If pressed on support during the pandemic

• Since the onset of the pandemic, PrairiesCan moved quickly to deliver $461 million in relief funding to over 6,800 Prairie businesses, to maintain jobs and save families’ livelihoods.
• PrairiesCan has also been flexible with how it supports businesses facing trouble. We deferred scheduled payments, extended project completion dates, and streamlined the claims process.
• These investments and actions are helping thousands of businesses across the West mitigate the pandemic's impacts, and maintain jobs essential to the well-being of Canadians and their communities.

*Explanatory Note
The figure of $600 million was the total allocated to both PrairiesCan and PacifiCan.
The amount allocated to PrairiesCan was $360M.