Coronavirus outbreak: New measures will ensure Canada ‘bounces back’ from economic impact of COVID-19

Speaking to reporters outside Rideau Cottage on Friday, Canadian Prime Minister Justin Trudeau said that measures being announced by his government, including offering a new Canada Emergency Business Account to provide loans of up to $40,000 to small and medium-sized businesses that will be interest-free for one year, are to ensure Canada “bounces back” from COVID-19.

• Canadian unemployment could hit 15 per cent amid coronavirus pandemic, deficit to $113B