Global News published this video item, entitled “Ottawa unveils multi-million business loan program to support Black Canadians” – below is their description.
The federal government has created a multi-million dollar business loan program to help Black entrepreneurs. Prime Minister Justin Trudeau made the announcement on Wednesday, saying the pandemic has disproportionately affected Black Canadians and put a spotlight on inequality in Canada. The total value of the program was pegged at $221 million over four years, with $93 million of that coming from the federal government and the rest from Canadian financial institutions. Eric Sorensen reports on Ottawa’s new plan to break down barriers.
For more info, please go to https://globalnews.ca/news/7324020/justin-trudeau-black-entrepreneur-program/
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About This Source - Global News
Global News is the news and current affairs division of the Canadian Global Television Network, based in Vancouver, Canada.
Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.
Its southern and western border with the United States, stretching 8,891 kilometres (5,525 mi), is the world’s longest bi-national land border. Canada’s capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver.
Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.
As a highly developed country, Canada has the seventeenth-highest nominal per-capita income globally as well as the thirteenth-highest ranking in the Human Development Index. Its advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.
Justin Pierre James Trudeau PC MP is a Canadian politician who is the 23rd and current prime minister of Canada since November 2015 and the leader of the Liberal Party since April 2013.