Today marks the beginning of National Nursing Week, and I was pleased to participate in Windsor Regional Hospital's video to extend my utmost gratitude. You can watch my clip at the 2:01 mark. Thank you for everything that you do to keep our community safe!
The government has now released over 80 sector-specific health and safety guidelines, including guidelines for retail stores with curbside pickup and delivery services – many of which are open starting today.
The provincial government is encouraging all business owners to use the Guidance Document for Essential Workplaces to develop reopening plans that will work for their business and protect workers, customers and the general public, as the province prepares for the gradual reopening of the economy. You can find that document here.
Today, Prime Minister Justin Trudeau announced additional measures including a new aid program aimed at supporting large- and medium-sized employers who have been severely impacted by COVID-19. The new Large Employer Emergency Financing Facility, which comes with certain terms and conditions, will allow big companies to access additional liquidity so they can keep their operations going, retain workers on payroll and avoid bankruptcy. Eligible Companies with large financing needs and annual revenues of $300 million or more across all sectors of the economy will now be able to access these loans.
The federal government is also expanding the Business Credit Availability Program (BCAP) to mid-sized companies with larger financing needs. Support for mid-market businesses will include loans of up to $60 million per company and guarantees of up to $80 million. The government will also continue to provide financing to businesses through Farm Credit Canada, the BDC and EDC, including through the Canada Account, to effectively respond to the needs of large employers facing high risks, and establish stricter terms to adequately protect taxpayers.
The number of confirmed COVID-19 cases in Windsor-Essex is now at 726 with 59 deaths.
Please remember to continue washing your hands frequently and practicing social distancing.