On September 23, 2020 the Speech from the Throne was delivered to open the second session of the forty0-third Parliament of Canada, entitled A Stronger, More Resilient Canada.
Of note was the the mention of increased support for the performings arts.
” As the Government invests in people, it will continue to support job-creating businesses.
Small businesses are the lifeblood of communities and the backbone of the economy. The Government introduced a range of supports for Canadian businesses, from help with payroll through the Canada Emergency Wage Subsidy to assistance with expenses through interest-free loans.
COVID-19 has caused businesses across the country, both large and small, to rethink their approaches. Entrepreneurs and owners are looking at more digital options, more creative solutions, and more climate-friendly investments.
The Government will help businesses adapt for the future and thrive.
This fall, in addition to extending the wage subsidy, the Government will take further steps to bridge vulnerable businesses to the other side of the pandemic by:
- Expanding the Canada Emergency Business Account to help businesses with fixed costs;
- Improving the Business Credit Availability Program;
- And introducing further support for industries that have been the hardest hit, including travel and tourism, hospitality, and cultural industries like the performing arts.”
Full speech available here