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GoodLife Fitness receives $310M loan from Canadian government

GoodLife Fitness has received a $310 million loan from the federal government. The funding comes from the Canada Enterprise Emergency Funding Corporation (CEEFC) and is being made under the Large Employer Emergency Financing Facility (LEEFF). The LEEFF provides loans to Canada’s largest employers, whose “needs during the pandemic are not being met through private market financing.” “It provides large Canadian employers with access to credit to preserve jobs and continue operations durin...
Canada Enterprise Emergency Funding Corporation Goodlife Fitness Large Employer Emergency Financing Facility Gateway Casinos Conuma Resources கனடா நிறுவன அவசரம் நிதி நிறுவனம்

Sunwing taps emergency financing program for $375-million

Christopher Katsarov/The Canadian Press The federal government is extending $375-million in credit to Sunwing Vacations Inc. and Sunwing Airlines Inc., days after the airline agreed to suspend flights to Mexico and the Caribbean. Toronto-based Sunwing is among the four airlines cancelling flights to several vacation destinations until the end of April at Ottawa’s request. WestJet Airlines Ltd., Air Canada and Transat AT Inc. also agreed to cancel flights to many sun destinations. The drastic ...
Christopher Katsarov Justin Trudeau Westjet Airlines Ltd Air Canada Canada Enterprise Emergency Funding Corp Sunwing Airlines Inc

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