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Nova Scotia: $380-million loan program to help municipalities with financial losses
BY , Apr 28, 2020 10:21 PM - REPORT AN ERRORLAST UPDATED ON Apr 28, 2020 10:24 PM
A person wearing protective equipment looks out of a window at the Herron seniors residence Monday April 13, 2020 in Dorval near Montreal's Trudeau airport. Thirty-one residents are confirmed to have died in the past month.THE CANADIAN PRESS/Ryan Remiorz
A person wearing protective equipment looks out of a window at the Herron seniors residence Monday April 13, 2020 in Dorval near Montreal's Trudeau airport. Thirty-one residents are confirmed to have died in the past month.THE CANADIAN PRESS/Ryan Remiorz
Nova Scotia has announced a $380-million loan program to help municipalities with financial losses due to COVID-19.
Developed in collaboration with the Nova Scotia Federation of Municipalities and the Association of Municipal Administrators, the loans will be available through the Nova Scotia Municipal Finance Corporation.
Municipal Affairs Minister Chuck Porter says the program will help municipalities continue to deliver programs and services.
The Municipal Affairs Department will approve requests from municipalities before sending them to the corporation for final approval.
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