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View Chrystia Freeland Profile
Lib. (ON)
Thank you for your question, Ms. Koutrakis.
One of the key components of the budget is support for small and medium-sized businesses. Programs such as the Canada emergency wage subsidy and the Canada emergency rent subsidy will help them finish the fight against COVID-19.
The budget contains a number of other measures to help Canada's small and medium-sized businesses—the backbone of our economy—become more productive and competitive.
Quickly, I can point to three programs.
A new program will be available to small and medium-sized businesses between June and November to help them hire new workers.
The budget also includes measures to make it easier for small and medium-sized businesses to access credit.
Lastly, a newly introduced tax incentive will encourage small and medium-sized businesses to invest.
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