Description
Emergency lending policy for businesses affected by wildfire evacuations, smoke and destruction. Covers: triggering event (evacuation orders and alerts, provincial or First Nation declarations); eligibility and impact documentation; cash flow support during evacuation periods; closures from smoke and air quality advisories; impacts on forestry, tourism, outfitting and seasonal operators; loss of land-based, harvesting and cultural livelihoods; rebuilding timelines and interim premises; coordination with insurance and government assistance; eligible and prohibited uses; deferral and repayment terms; collateral reassessment; approval authority; monitoring; and program sunset.
