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Large Employer Emergency Financing Facility (LEEFF)

Government of Canada

This CDEV program, which involves an interest-bearing term loan of at least $60 million available for the next 12 months, was created to help large companies retain their employees and ensure continuity in their operations and investment activities in the face of financial difficulties caused by the COVID-19 pandemic.

Non-exhaustive eligibility criteria:

  • Have a significant impact on the Canadian economy;
  • Have annual revenue of approximately $300 million or more;
  • Require a minimum loan of $60 million. You can consult a fact sheet on the LEEFF HERE.

Some conditions apply.

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