Bars, nightclubs and cannabis growers don’t qualify for BDC COVID-19 loans

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NDP MP Don Davies, Liberal MP Nathaniel Erskine-Smith and Conservative MP Scott Reid are urging the Department of Finance to provide support for the cannabis industry.

In a letter sent to Finance Minister Bill Morneau on March 19, they wrote, “Cannabis firms are new businesses in a fledgling, complicated sector and, like other Canadian businesses, need support from the federal government to weather the economic impacts of COVID-19.”