This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
This is a single
speech (committee meeting) resource
from the openparliament.ca API. If you’re new here, you might want to look at the documentation. If API and JSON are gibberish to you, you’re better off at our main site.
{
"time": "2021-05-17 15:25:00",
"attribution": {
"en": "Mr. Steve Watton",
"fr": "M. Steve Watton"
},
"content": {
"en": "<p data-HoCid=\"6743505\" data-originallang=\"en\"> For real property lending, you can get loans for up to a million dollars. For equipment and leasehold improvements, it's currently $350,000, but as Frances mentioned, we're hoping to move that up to $500,000 because those amounts haven't changed over the last number of years.</p>\n<p data-HoCid=\"6743506\" data-originallang=\"en\">In comparison to the BDC, the primary distinction there is that the BDC is the government small business bank. They do their own lending of their money. It's their advisory services, credit risk and they do assessing all on their own, whereas this program uses financial institutions as an intermediary. It leverages the funds of those financial institutions and their risk expertise, if you will, to determine if they would give a loan to these small businesses under this program or not. </p>",
"fr": "<p data-HoCid=\"6743505\" data-originallang=\"en\">Dans le cas des pr\u00eats pour des biens immobiliers, il est possible d'obtenir des pr\u00eats d'un montant maximal d'un million de dollars. Pour l'\u00e9quipement et les am\u00e9liorations locatives, le plafond est actuellement de 350 000 $, mais comme le mentionnait Mme McRae, nous esp\u00e9rons le porter \u00e0 500 000 $ parce que ces montants n'ont pas chang\u00e9 depuis plusieurs ann\u00e9es.</p>\n<p data-HoCid=\"6743506\" data-originallang=\"en\">En comparaison de la BDC, la premi\u00e8re diff\u00e9rence est que la BDC est la banque publique des petites entreprises. Elle pr\u00eate ses propres fonds. Elle a ses propres services consultatifs, elle a ses risques de cr\u00e9dit et elle fait elle-m\u00eame toutes ses \u00e9valuations, tandis que ce programme utilise les \u00e9tablissements financiers \u00e0 titre d'interm\u00e9diaire. Il met \u00e0 profit les fonds de ces \u00e9tablissements financiers et leur connaissance des risques, si vous voulez, pour savoir s'ils accorderaient ou pas un pr\u00eat \u00e0 ces petites entreprises dans le cadre du programme.</p>"
},
"url": "/committees/finance/43-2/44/steve-watton-41/",
"politician_url": null,
"politician_membership_url": null,
"procedural": false,
"source_id": "11318846",
"document_url": "/committees/finance/43-2/44/",
"related": {
"document_speeches_url": "/speeches/?document=%2Fcommittees%2Ffinance%2F43-2%2F44%2F"
}
}