Coronavirus outbreak: Trudeau says government should be considered a ‘lender of last resort’ for large businesses
Videos
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Coronavirus outbreak: Trudeau says government should be considered a ‘lender of last resort’ for large businesses
01:09 | May 20, 2020
-
Interest rate cuts to spur housing fall market, experts say
01:56 | September 7, 2024
-
Terror suspect arrested in Quebec was plotting to attack Jews in New York
00:35 | September 6, 2024
-
Canada’s unemployment rate hits 7-year high: StatCan
01:47 | September 6, 2024
-
Quebec man who imported 26K fake toonies gets jail time
02:03 | September 6, 2024
-
Most provinces have destroyed COVID-19 vaccines amid wait for new formula, here’s why
01:23 | September 6, 2024
-
Canada, allies pledge arms to Ukraine
02:14 | September 6, 2024
-
Blair announces plans to send Ukraine 80K unarmed small rockets
01:19 | September 6, 2024
-
Canada must offer ‘gold-standard’ endometriosis care so women don’t seek help abroad: patient
01:05 | September 6, 2024
-
The Tragically Hip fans gather at TIFF to celebrate band’s 40th anniversary, remember Gord Downie
01:59 | September 5, 2024
-
Indigenous procurement program fix ‘must be led by First Nations’: AFN Chief Woodhouse
02:26 | September 5, 2024
-
‘No real plus value’: Public servants protest in-office mandate
01:48 | September 5, 2024
-
NDP vague on supporting early election after ending Liberal support
03:10 | September 5, 2024
-
RCMP issue alert about armed man on the loose in the area around Burnt Church, N.B.
00:21 | September 5, 2024
-
Kinew jokes about CrossFit training with Poilievre after jogging with Trudeau
01:13 | September 5, 2024
-
Trudeau ‘decided to reward bad faith’ in CPKC, CN Rail labour dispute: Singh
02:23 | September 5, 2024
-
Singh says Liberal-NDP deal ‘accomplished a lot’ for Canada, 1 day after he ‘ripped up’ agreement
00:43 | September 5, 2024
-
Business Matters: Toronto-area home sales decline in August but rate cut could spur activity
02:16 | September 5, 2024
-
Ryanair institutes a pre-flight drink limit
05:20 | September 5, 2024
-
TIFF Returns
04:18 | September 5, 2024
-
Your Money
05:31 | September 5, 2024
-
Montreal police’s racial profiling a ‘systemic problem,’ Quebec judge rules
01:52 | September 4, 2024
-
Poilievre calls for ‘sellout Singh’ to trigger ‘carbon tax election’ after NDP pulls Liberal support
02:32 | September 4, 2024
-
Is Canada headed for an election? What comes next after NDP ‘rips up’ deal with Liberals?
01:44 | September 4, 2024
-
Bigger cuts a possibility as Bank of Canada lowers benchmark interest rate to 4.25%
01:48 | September 4, 2024
-
Jagmeet Singh says NDP has ‘ripped up’ supply and confidence agreement with the Liberals
01:49 | September 4, 2024
-
Business Matters: Kids feeling impacts of Canada’s cost of living crunch, poll finds
02:27 | September 4, 2024
-
Bank of Canada cuts key interest rate to 4.25%, hints at more to come
01:20 | September 4, 2024
-
43% of Canadians worry they don’t have enough money for food: poll
04:19 | September 4, 2024
-
‘We are struggling’: New B.C. gig-worker regulations spark hope, skepticism
01:48 | September 3, 2024
-
China takes 1st steps to block Canadian canola imports, escalating trade feud
01:40 | September 3, 2024
-
Cellphones now banned in most Canadian classrooms
01:54 | September 3, 2024
-
Coronavirus outbreak: Trudeau says government should be considered a ‘lender of last resort’ for large businesses
01:09 | May 20, 2020
-
Interest rate cuts to spur housing fall market, experts say
01:56 | September 7, 2024
-
Terror suspect arrested in Quebec was plotting to attack Jews in New York
00:35 | September 6, 2024
-
Canada’s unemployment rate hits 7-year high: StatCan
01:47 | September 6, 2024
-
Quebec man who imported 26K fake toonies gets jail time
02:03 | September 6, 2024
-
Most provinces have destroyed COVID-19 vaccines amid wait for new formula, here’s why
01:23 | September 6, 2024
-
Canada, allies pledge arms to Ukraine
02:14 | September 6, 2024
-
Blair announces plans to send Ukraine 80K unarmed small rockets
01:19 | September 6, 2024
-
Canada must offer ‘gold-standard’ endometriosis care so women don’t seek help abroad: patient
01:05 | September 6, 2024
-
The Tragically Hip fans gather at TIFF to celebrate band’s 40th anniversary, remember Gord Downie
01:59 | September 5, 2024
-
Indigenous procurement program fix ‘must be led by First Nations’: AFN Chief Woodhouse
02:26 | September 5, 2024
-
‘No real plus value’: Public servants protest in-office mandate
01:48 | September 5, 2024
-
NDP vague on supporting early election after ending Liberal support
03:10 | September 5, 2024
-
RCMP issue alert about armed man on the loose in the area around Burnt Church, N.B.
00:21 | September 5, 2024
-
Kinew jokes about CrossFit training with Poilievre after jogging with Trudeau
01:13 | September 5, 2024
-
Trudeau ‘decided to reward bad faith’ in CPKC, CN Rail labour dispute: Singh
02:23 | September 5, 2024
-
Singh says Liberal-NDP deal ‘accomplished a lot’ for Canada, 1 day after he ‘ripped up’ agreement
00:43 | September 5, 2024
-
Business Matters: Toronto-area home sales decline in August but rate cut could spur activity
02:16 | September 5, 2024
-
Ryanair institutes a pre-flight drink limit
05:20 | September 5, 2024
-
TIFF Returns
04:18 | September 5, 2024
-
Your Money
05:31 | September 5, 2024
-
Montreal police’s racial profiling a ‘systemic problem,’ Quebec judge rules
01:52 | September 4, 2024
-
Poilievre calls for ‘sellout Singh’ to trigger ‘carbon tax election’ after NDP pulls Liberal support
02:32 | September 4, 2024
-
Is Canada headed for an election? What comes next after NDP ‘rips up’ deal with Liberals?
01:44 | September 4, 2024
-
Bigger cuts a possibility as Bank of Canada lowers benchmark interest rate to 4.25%
01:48 | September 4, 2024
-
Jagmeet Singh says NDP has ‘ripped up’ supply and confidence agreement with the Liberals
01:49 | September 4, 2024
-
Business Matters: Kids feeling impacts of Canada’s cost of living crunch, poll finds
02:27 | September 4, 2024
-
Bank of Canada cuts key interest rate to 4.25%, hints at more to come
01:20 | September 4, 2024
-
43% of Canadians worry they don’t have enough money for food: poll
04:19 | September 4, 2024
-
‘We are struggling’: New B.C. gig-worker regulations spark hope, skepticism
01:48 | September 3, 2024
-
China takes 1st steps to block Canadian canola imports, escalating trade feud
01:40 | September 3, 2024
-
Cellphones now banned in most Canadian classrooms
01:54 | September 3, 2024
Coronavirus outbreak: Trudeau says government should be considered a ‘lender of last resort’ for large businesses
Description
May 20, 2020
Speaking to reporters outside Rideau Cottage in Ottawa on Tuesday, Canadian Prime Minister Justin Trudeau said large businesses should consider the federal government a "lender of last resort" when explaining why federal relief for large businesses during COVID-19 comes with some conditions. The Large Employer Emergency Financing Facility (LEEFF) was announced last week and will provide short-term bridge financing to companies with $300-million or more in annual revenues looking for loans worth at least $60 million but unable to secure them from banks or other private lenders.
-
Coronavirus outbreak: Trudeau says government should be considered a ‘lender of last resort’ for large businesses01:09 | May 20, 2020
-
Interest rate cuts to spur housing fall market, experts say01:56 | September 7, 2024
-
Terror suspect arrested in Quebec was plotting to attack Jews in New York00:35 | September 6, 2024
-
Canada’s unemployment rate hits 7-year high: StatCan01:47 | September 6, 2024
-
Quebec man who imported 26K fake toonies gets jail time02:03 | September 6, 2024
-
Most provinces have destroyed COVID-19 vaccines amid wait for new formula, here’s why01:23 | September 6, 2024
-
Canada, allies pledge arms to Ukraine02:14 | September 6, 2024
-
Blair announces plans to send Ukraine 80K unarmed small rockets01:19 | September 6, 2024
-
Canada must offer ‘gold-standard’ endometriosis care so women don’t seek help abroad: patient01:05 | September 6, 2024
-
The Tragically Hip fans gather at TIFF to celebrate band’s 40th anniversary, remember Gord Downie01:59 | September 5, 2024
-
Indigenous procurement program fix ‘must be led by First Nations’: AFN Chief Woodhouse02:26 | September 5, 2024
-
‘No real plus value’: Public servants protest in-office mandate01:48 | September 5, 2024
-
NDP vague on supporting early election after ending Liberal support03:10 | September 5, 2024
-
RCMP issue alert about armed man on the loose in the area around Burnt Church, N.B.00:21 | September 5, 2024
-
Kinew jokes about CrossFit training with Poilievre after jogging with Trudeau01:13 | September 5, 2024
-
Trudeau ‘decided to reward bad faith’ in CPKC, CN Rail labour dispute: Singh02:23 | September 5, 2024
-
Singh says Liberal-NDP deal ‘accomplished a lot’ for Canada, 1 day after he ‘ripped up’ agreement00:43 | September 5, 2024
-
Business Matters: Toronto-area home sales decline in August but rate cut could spur activity02:16 | September 5, 2024
-
Ryanair institutes a pre-flight drink limit05:20 | September 5, 2024
-
TIFF Returns04:18 | September 5, 2024
-
Your Money05:31 | September 5, 2024
-
Montreal police’s racial profiling a ‘systemic problem,’ Quebec judge rules01:52 | September 4, 2024
-
Poilievre calls for ‘sellout Singh’ to trigger ‘carbon tax election’ after NDP pulls Liberal support02:32 | September 4, 2024
-
Is Canada headed for an election? What comes next after NDP ‘rips up’ deal with Liberals?01:44 | September 4, 2024
-
Bigger cuts a possibility as Bank of Canada lowers benchmark interest rate to 4.25%01:48 | September 4, 2024
-
Jagmeet Singh says NDP has ‘ripped up’ supply and confidence agreement with the Liberals01:49 | September 4, 2024
-
Business Matters: Kids feeling impacts of Canada’s cost of living crunch, poll finds02:27 | September 4, 2024
-
Bank of Canada cuts key interest rate to 4.25%, hints at more to come01:20 | September 4, 2024
-
43% of Canadians worry they don’t have enough money for food: poll04:19 | September 4, 2024
-
‘We are struggling’: New B.C. gig-worker regulations spark hope, skepticism01:48 | September 3, 2024
-
China takes 1st steps to block Canadian canola imports, escalating trade feud01:40 | September 3, 2024
-
Cellphones now banned in most Canadian classrooms01:54 | September 3, 2024
-
Coronavirus outbreak: Trudeau says government should be considered a ‘lender of last resort’ for large businesses01:09 | May 20, 2020
-
Interest rate cuts to spur housing fall market, experts say01:56 | September 7, 2024
-
Terror suspect arrested in Quebec was plotting to attack Jews in New York00:35 | September 6, 2024
-
Canada’s unemployment rate hits 7-year high: StatCan01:47 | September 6, 2024
-
Quebec man who imported 26K fake toonies gets jail time02:03 | September 6, 2024
-
Most provinces have destroyed COVID-19 vaccines amid wait for new formula, here’s why01:23 | September 6, 2024
-
Canada, allies pledge arms to Ukraine02:14 | September 6, 2024
-
Blair announces plans to send Ukraine 80K unarmed small rockets01:19 | September 6, 2024
-
Canada must offer ‘gold-standard’ endometriosis care so women don’t seek help abroad: patient01:05 | September 6, 2024
-
The Tragically Hip fans gather at TIFF to celebrate band’s 40th anniversary, remember Gord Downie01:59 | September 5, 2024
-
Indigenous procurement program fix ‘must be led by First Nations’: AFN Chief Woodhouse02:26 | September 5, 2024
-
‘No real plus value’: Public servants protest in-office mandate01:48 | September 5, 2024
-
NDP vague on supporting early election after ending Liberal support03:10 | September 5, 2024
-
RCMP issue alert about armed man on the loose in the area around Burnt Church, N.B.00:21 | September 5, 2024
-
Kinew jokes about CrossFit training with Poilievre after jogging with Trudeau01:13 | September 5, 2024
-
Trudeau ‘decided to reward bad faith’ in CPKC, CN Rail labour dispute: Singh02:23 | September 5, 2024
-
Singh says Liberal-NDP deal ‘accomplished a lot’ for Canada, 1 day after he ‘ripped up’ agreement00:43 | September 5, 2024
-
Business Matters: Toronto-area home sales decline in August but rate cut could spur activity02:16 | September 5, 2024
-
Ryanair institutes a pre-flight drink limit05:20 | September 5, 2024
-
TIFF Returns04:18 | September 5, 2024
-
Your Money05:31 | September 5, 2024
-
Montreal police’s racial profiling a ‘systemic problem,’ Quebec judge rules01:52 | September 4, 2024
-
Poilievre calls for ‘sellout Singh’ to trigger ‘carbon tax election’ after NDP pulls Liberal support02:32 | September 4, 2024
-
Is Canada headed for an election? What comes next after NDP ‘rips up’ deal with Liberals?01:44 | September 4, 2024
-
Bigger cuts a possibility as Bank of Canada lowers benchmark interest rate to 4.25%01:48 | September 4, 2024
-
Jagmeet Singh says NDP has ‘ripped up’ supply and confidence agreement with the Liberals01:49 | September 4, 2024
-
Business Matters: Kids feeling impacts of Canada’s cost of living crunch, poll finds02:27 | September 4, 2024
-
Bank of Canada cuts key interest rate to 4.25%, hints at more to come01:20 | September 4, 2024
-
43% of Canadians worry they don’t have enough money for food: poll04:19 | September 4, 2024
-
‘We are struggling’: New B.C. gig-worker regulations spark hope, skepticism01:48 | September 3, 2024
-
China takes 1st steps to block Canadian canola imports, escalating trade feud01:40 | September 3, 2024
-
Cellphones now banned in most Canadian classrooms01:54 | September 3, 2024
Coronavirus outbreak: Trudeau says government should be considered a ‘lender of last resort’ for large businesses
Description
May 20, 2020
Speaking to reporters outside Rideau Cottage in Ottawa on Tuesday, Canadian Prime Minister Justin Trudeau said large businesses should consider the federal government a "lender of last resort" when explaining why federal relief for large businesses during COVID-19 comes with some conditions. The Large Employer Emergency Financing Facility (LEEFF) was announced last week and will provide short-term bridge financing to companies with $300-million or more in annual revenues looking for loans worth at least $60 million but unable to secure them from banks or other private lenders.
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