3downnat: The federal government won’t provide the CFL with an interest-free loan in 2021: report

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4th&long
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3downnat: The federal government won’t provide the CFL with an interest-free loan in 2021: report

Post by 4th&long »

https://3downnation.com/2021/04/14/the- ... 21-report/

>> There will not be an interest-free loan flowing from the federal government to the Canadian Football League this year, according to Canadian Press reporter Dan Ralph.

The source added the CFL-Ottawa talks have been more about educating the league with not only existing federal assistance programs but also those that have been offered since August.

In 2020, the league asked for a $30 million interest-free loan, however, it was denied by the feds. That answer ultimately led the board of governors voting to cancel the season. The league has stated it never stopped discussions with the federal government since the denial last August.

There was still government money that helped the league’s franchises last year. For example, the Winnipeg Blue Bombers collected $3.1 million in aid from the government, including $2.9 million from the Canadian Emergency Wage Subsidy. <<
PolarBear
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Re: 3downnat: The federal government won’t provide the CFL with an interest-free loan in 2021: report

Post by PolarBear »

Means nothing. Government is broke and its a liberal gov't so they only would give money to large corporations headquartered in liberal cities. Bell/Air Canada is a prime example of how awful the government works with shady corporations.

The CFL doesn't need money to play a season from the gov't. They need $$ to work with health requirements. This is the key.
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