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Métis Nation – Saskatchewan moves to implement federal business stimulus package

Métis businesses to access up to $40,000 in emergency funds
Metis Nation
The federal government's recent announcement of a $306.8 million stimulus package to assist Indigenous businesses will have an effect in Saskatchewan.

Métis Nation – Saskatchewan announced Tuesday that Métis businesses would move quickly to take advantage of the up to $40,000 in emergency funds through the Sask Métis Economic Development Corporation (SMEDCO). The funding allows for short-term, interest-free loans and non-repayable contributions.

“Businesses are the economic drivers in our communities, employing Métis citizens, offering financial stability to residents and a better quality of life for families,” said MN-S president Glen McCallum in a press release “Many of our remote communities are facing the tough realities of COVID-19 physical distancing measures and this funding can help offer some relief to make it through.”

In making the announcment, Prime Minister Justin Trudeau said that government is working hard to make sure Indigenous business owners have needed support while dealing the ongoing pandemic.

“Entrepreneurs are at the heart of communities right across the country, and we’re going to help them bridge to better times,” Trudeau said.

Métis entrepreneurs and business can contact SMEDCO at 306-477-4350 or visit www.smedco.ca for more information.

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