The federal government announced a new wave of funding for businesses on Friday, including a $250 million funding increase for NRC IRAP and almost $1 billion for regional development authorities.
While most business groups have applauded the federal government’s economic response to the COVID-19 crisis, there have been complaints that some companies are ineligible for the programs. It’s been difficult to tailor programs to benefit a broad swath of startups because they often have irregular cash flow or are at varying stages of development.
The announcement on Friday of additional funding