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May 12, 2021

Minister of Small Business, Export Promotion & Int’l Trade Responds to HASCAP Inquiry


Minister of Small Business and Export Promotion

Dear Mr. Judas, Ms. Baptiste, and Ms. Jarrett:

I am pleased to respond to your correspondence of March 26, 2021, which was co‑addressed to
the Honourable Chrystia Freeland and the Honourable Mélanie Joly and forwarded to me by
Minister Freeland, concerning support for tourism and hospitality businesses and the Highly
Affected Sectors Credit Availability Program (HASCAP).

The Government of Canada recognizes the significant impact the COVID‑19 pandemic continues
to have on the economy, affecting businesses of all sizes across every sector and region,
especially those operating in the tourism and hospitality sectors. Small and medium‑sized
enterprises (SMEs), which are the backbone of the economy, are particularly vulnerable to
economic impacts from the pandemic.

As the situation continues to evolve, our government continues to take the necessary measures to
help Canadians facing hardship as a result of the pandemic. This includes adjusting programs
regularly based on the feedback we receive. Thank you for raising your concerns regarding
HASCAP. Through this program, the government is helping hard‑hit businesses that require
additional capital, based on having already benefited from other programs such as the Canada
Emergency Wage Subsidy, the Canada Emergency Rent Subsidy, and the Canada Emergency
Business Account, which are either fully supported or partially forgivable, to help businesses
bridge to the other side of the COVID‑19 pandemic.

Understanding that many SMEs are concerned with taking on more debt, HASCAP loans have
flexible repayment terms of up to 10 years and principal payments that may be delayed by up to
12 months. Additionally, the HASCAP interest rate at 4% is a favourable rate for hard‑hit
businesses, and no personal guarantee is taken under the program.

The Government of Canada remains committed to supporting tourism operators. To assist the
sector’s recovery, Budget 2021 proposes to make available a package of supports, totalling $1
billion over three years, starting in 2021–2022. This includes establishing a $500‑million tourism
relief fund to support investments by local tourism businesses in adapting their products and
services. The package also includes $200 million to help support Canada’s major festivals and
events. Additional information on these measures will be available once program details are

Thank you for writing, and please accept my best wishes.


The Honourable Mary Ng, P.C., M.P.
c.c.: The Honourable Mélanie Joly, P.C., M.P.

More Advocacy

TIABC webinar series returns on November 24th! 

Equity, diversity, and inclusion (EDI) are important elements in sustainable labor recovery. But what do these really mean in the workplace context? While businesses are aware of the importance of these elements, many are often unsure where to start.

go2HR is committed to building strong and safe workplaces. We have engaged ParriagGroup, a leading EDI firm, to build a webinar that deepens our understanding of EDI and how to start reshaping the workplace.

Date: November 24th | 1:00 pm - 2:30 pm (PT)

Tap link in bio to register. 👆
REMINDER: Registration is open for TIABC 2022 Annual general meeting and industry forum! 🎉 

Registration is open for TIABC's AGM, to be held Friday, November 18th at the Anvil Centre, 777 Columbia Street, New Westminster. 

Schedule of Activities:
11:00 AM - Reports of the Society and election of directors
12:00 PM - Complimentary lunch for AGM attendees
12:30-2:00 PM - Presentation and workshop on Diversity, Equity & Inclusion with guest speaker, Joanna Jagger, founder & president, WORTH (Women of Recreation, Tourism and Hospitality) Association

Register through the link in bio.👆 

#bctourismcounts #bctourism #tourismsector #bc #tourism #bcstrong #explorebc #hellobc #GreenMeansGo
Happy Thanksgiving from all of us at TIABC! 🍂 

#explorebc #hellobc
In Recognition of National Truth & Reconciliation Day, TIABC is dedicating this edition of our weekly newsletter to honour the children who never returned home and the First Nation, Métis, and Inuit survivors of residential schools, as well as their families and communities. TIABC understands that public commemoration of the tragic and painful history and ongoing impacts of residential schools is a vital component of the reconciliation process.

We open with an updated re-post from TIABC Director Brenda Baptiste and her poignant editorial from last year's inaugural National Truth & Reconciliation Day. Also included is a "Member Spotlight" on St. Eugene Golf, Resort and Casino which features content relating to the Indigenous peoples and communities in our province.

Tap the link in our bio to read the full newsletter. 👆

#NDTR2022 #OrangeShirtDay #TRCCanda #WeWearOrange #TruthAndReconciliation #NationalDayForTruthAndReconciliation #DestinationIndigenous #IndigenousBC
In Ottawa this week, TIABC CEO Walt Judas met with @tourismhrcanada CEO Philip Mondor to discuss workforce challenges at THRC’s annual Labour Market Forum.
TIABC Call for Nominations 📢

The Tourism Industry Association of BC (TIABC) Governance Committee is seeking qualified individuals for the 2022-2024 term that are dedicated to the success of the Association and will support its principles as a member of the Board of Directors. Acceptance of nominations is based on a specific set of skills and experience.

Eligible candidates must demonstrate specific experience in the following areas:

1. Tourism Industry Knowledge

2. Technical & Business Expertise

3. Governance Competencies

4. Education and Training

The Board of Directors is made up of a maximum of 13 directors, consisting of 11 directors elected by the active members. TIABC is seeking a total of six (6) candidates for the 2022-2024 term:

The deadline for application submissions is Friday, September 30th at 5:00 pm

To receive the TIABC Board Nomination Form, or if you have any questions or concerns, please contact Deborah Kulchiski (Manager, Special Projects, TIABC) at or p. 604.530.9979

Tap the link in our bio to learn more. ☝️