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The impact of the Highly Affected Sectors Credit Availability Program on business closure and growth : evidence from the 2020 COVID-19 pandemic / Christi-Anna Durodola and Jiong Tu.: Iu188-166/2024E-PDF

"The 2020 COVID-19 pandemic had far-reaching implications for business performance worldwide, prompting governments to implement support measures to mitigate its adverse effects. In Canada, the federal government introduced various programs, including the Highly Affected Sectors Credit Availability Program (HASCAP), to aid businesses severely affected by the pandemic. This research report investigates the effects of HASCAP use on business closure and growth, while controlling for business characteristics, pre-pandemic attributes, and the concurrent use of other government intervention programs, such as the Canada Emergency Wage Subsidy (CEWS), the Canada Emergency Business Account (CEBA), and the Canada Emergency Commercial Rental Assistance (CECRA) initiatives"--Abstract, page 4.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.934531&sl=0

Publication information
Department/Agency
  • Canada. Innovation, Science and Economic Development Canada, issuing body.
TitleThe impact of the Highly Affected Sectors Credit Availability Program on business closure and growth : evidence from the 2020 COVID-19 pandemic / Christi-Anna Durodola and Jiong Tu.
Publication typeMonograph
Language[English]
Other language editions[French]
FormatDigital text
Electronic document
Note(s)
  • Issued also in French under title: L'impact du Programme de crédit pour les secteurs très touchés sur les fermetures et les croissances d'entreprises : données probantes de la pandémie de COVID-19 de 2020.
  • Cover title.
  • Includes bibliographical references.
Publishing information
  • [Ottawa] : Innovation, Science and Economic Development Canada = Innovation, sciences et développement économique Canada, 2024.
  • ©2024
Author / Contributor
  • Durodola, Christi-Anna, author.
Description1 online resource (27 pages)
ISBN9780660704920
Catalogue number
  • Iu188-166/2024E-PDF
Subject terms
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