Canada�s New COVID Relief Program for Hard-Hit Businesses

Visa Experts08 Feb, 2021Legal

The Highly Affected Sectors Credit Availability Program (HASCAP), launched on 26th?January, will provide financial support to the hardest-hit Canadian businesses impacted by the pandemic. The COVID-19 crisis continues to affect companies across Canada. This program is designed to provide affordable credit solutions to allow such businesses to sustain themselves and maintain employment. Several businesses In Canada are currently operating at a limited capacity, switching to exclusively digital services, or completely suspending operations. Throughout the pandemic, the Canadian government has continued to support businesses through a range of useful and compassionate relief measures.