Canada Development Investment Corporation has formed a subsidiary has formed a new subsidiary, Canada Enterprise Emergency Funding Corporation (CEEFC), to administer the Large Employer Emergency Financing Facility (LEEFF). Applications to LEEFF are now open. Information on LEEFF and the application process are available on CEEFC’s LEEFF web page, here: https://www.ceefc-cfuec.ca/home-ceefc/
The Government of Canada has mandated CDEV to deliver support to large enterprises through the Large Employer Emergency Financing Facility (LEEFF). The announcement can be found here: https://pm.gc.ca/en/news/news-releases/2020/05/11/prime-minister-announces-additional-support-businesses-help-save. More information on this program will be available here soon. For now, please contact the Department of Finance at 613-369-3710 or fin.financepublic-financepublique.fin@canada.ca.