Close X
Sunday, November 10, 2024
ADVT 
National

Federal Government Launches $50-Million Fund To Boost Small-Business Exports

Darpan News Desk The Canadian Press, 05 Jan, 2016 01:06 PM
    TORONTO — International Trade Minister Chrystia Freeland has announced $50 million in new funding for small businesses looking to export their goods.
     
    Under the CanExport program, the federal government will reimburse up to 50 per cent of any spending between $10,000 and $100,000 by companies seeking to expand their overseas trade.
     
    Businesses with fewer than 250 employees and annual revenue between $200,000 and $50 million will be able to offset the costs of travel, trade fairs, market research and other expenses related to exports.
     
    Trade accounts for around two-thirds of the Canadian economy, and the Department of Global Affairs says one in five Canadian jobs is linked directly to exports.
     
    While the falling loonie has made Canadian goods cheaper and more competitive, exports have not shown the strength that some had predicted.

    MORE National ARTICLES

    Two Men Charged In Shooting Of Gang Associate At Richmond's Dover Park

    Two Men Charged In Shooting Of Gang Associate At Richmond's Dover Park
    Twenty-year-old Thomas Duong of Richmond and 31-year-old Burnaby resident Sahand Askari are charged with two counts each, including attempted murder.

    Two Men Charged In Shooting Of Gang Associate At Richmond's Dover Park

    Canadian Man Sentenced To 11 Years In Prison For Defrauding The U.s. Of $3.5 Million

    Canadian Man Sentenced To 11 Years In Prison For Defrauding The U.s. Of $3.5  Million
    In addition to 135 months in prison, Kevin Cyster also must pay the money back.

    Canadian Man Sentenced To 11 Years In Prison For Defrauding The U.s. Of $3.5 Million

    Shell-Led Joint Venture Obtains Key Permit For LNG Facility In Kitimat, B.C.

    Shell-Led Joint Venture Obtains Key Permit For LNG Facility In Kitimat, B.C.
      LNG Canada says it is the first in the province to receive the permit from the B.C. Oil and Gas Commission.

    Shell-Led Joint Venture Obtains Key Permit For LNG Facility In Kitimat, B.C.

    Victoria School District Worries New Homeless Shelter Puts Students At Risk

    Victoria School District Worries New Homeless Shelter Puts Students At Risk
    Piet Langstraat said the province and the City of Victoria must pay the estimated $44,000 for extra custodial staff and crossing guards needed to ensure everyone's safety at Central Middle School.

    Victoria School District Worries New Homeless Shelter Puts Students At Risk

    Classified Ad Seeking To Connect BC Woman With Father Who Doesn't Know She Exists

    Classified Ad Seeking To Connect BC Woman With Father Who Doesn't Know She Exists
    Toni Rempel is looking for a man named Gary who was in Regina on business in 1969.

    Classified Ad Seeking To Connect BC Woman With Father Who Doesn't Know She Exists

    Victoria's Courthouse Campers On Move To Shelter After Months Outside

    Victoria's Courthouse Campers On Move To Shelter After Months Outside
    Wet, cold and windy nights adjusting tarps and pounding pegs into the soggy ground are about to come to an end for John Bertrim and dozens of others who have slept in tents on the Victoria Law Courts' lawn for months.

    Victoria's Courthouse Campers On Move To Shelter After Months Outside

    PrevNext