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CanNor support helps Northern Business Community be resilient during COVID-19 pandemic and beyond

December 22, 2020
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Government of Canada investment aims to boost economic growth, enhance skills development and create good jobs in the Northwest Territories
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Government of Canada investments aimed at supporting key areas of the Northern economy and maintaining over 1,675 jobs across Canada’s territories in 2020

IQALUIT, NU, Dec. 22, 2020 /CNW/ – 2020 has been an unprecedented year which has brought unique challenges to businesses across Canada, particularly for small- and medium-sized businesses (SMEs) in the territories – Nunavut, Northwest Territories and Yukon. The Government of Canada has been there to support entrepreneurs and businesses through diverse measures since the beginning of the pandemic and continues to support their recovery by making strategic investments that will help Canada recover from the COVID-19 recession.

At the onset of the pandemic, CanNor quickly acknowledged the hardships faced by the Northern Business Community through the launch of its $15M Northern Business Relief Fund (NBRF) on April 20. This fund…

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