Rocky Simpson
Statements in Debates
Thank you. Ms. Green.
Thank you. To the motion.
Some of the BDIC clients have had limited or no revenue over the last year due to the pandemic. Yet, they are required to pay interest and principal amounts on equipment that is not generating any revenue or assets that are sitting idle. Considering that the BDIC is a developmental lender, will the Minister consider having the BDIC waive some of the interest accrued on BDIC loans as a supportive initiative for those businesses impacted by the pandemic? This would allow them to, hopefully, the ones who require the help, survive this probably another year of slow business.
Thank you. To the motion? Mr. Johnson.
Thank you. To the motion to amend.
Question has been called. All those in favour? Opposed? Abstentions? The motion is carried.
---Carried
Mr. O'Reilly.
Question has been called. All those in favour? Opposed? Abstentions? The motion is carried.
---Carried
Mr. O'Reilly.
Thank you, Mr. Speaker. Over the past several weeks, I have met with business owners who are concerned that the BDIC loan deferral program is ending this week, which is, I guess, tomorrow. It was indicated that the program has been very effective and was welcomed. Can the Minister of ITI confirm if her department is considering extending the BDIC loan deferral program after March 31st? Thank you.
Question has been called. All those in favour? Opposed? Abstentions? The motion is carried.
---Carried
Mr. O'Reilly.
Thank you. We will return to the motion. The motion is in order. To the motion to amend. Mr. Johnson.