Business Credit Availability Program (BCAP)

FOR IMMEDIATE RELEASE August 31, 2020

OTTAWA: Gerald Soroka, Member of Parliament for Yellowhead, would like to inform constituents that the Government of Canada has announced that the Business Credit Availability Program (BCAP) is extended to June 2021 to support the flow of additional credit that businesses need to maintain operations and keep employees on the payroll.

Export Development Canada (EDC) and the Business Development Bank of Canada (BDC) will continue to work with lenders to support access to capital for Canadian businesses of all sizes in all sectors and regions.

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