HASCAP Program Launched to Support Businesses January 30, 2021 Reading time: 2 min Logo: BDC (CNW Group/Business Development Bank of Canada) CORNWALL, Ontario – Businesses across Canada continue to feel the effects of the COVID-19 crisis. Whether they are operating at limited capacity, switching to online-only services or suspending their operations entirely, many businesses have been strongly affected. The Government of Canada is looking to provide financial support to businesses that have been hardest hit by the pandemic via the Highly Affected Sectors Credit Availability Program (HASCAP). “Since day one of the COVID-19 crisis, our government has been there to support Canada’s businesses and the millions of Canadians they employ. We know that even the most resilient businesses continue to face incredible challenges,” says Mary Ng, Minister of Small Business, Export Promotion and International Trade . “We are launching the Highly Affected Sectors Credit Availability Program to help those businesses hit hardest by the pandemic with low-interest, government-backed loans. By investing in Canada’s businesses, as well as workers and their families, we are investing in our shared recovery and a better future for all.”