BDIC Payment Deferral/Reduction Initiative Extended
The NWT Business Development and Investment Corporation (BDIC) is extending its three month Payment Deferral/Reduction initiative.
The initiative was introduced in March as part of the Government of the Northwest Territories (GNWT) initial response to the COVID-19 Pandemic. The option of deferring or reducing loan payments was provided to all BDIC clients including those who applied for and received low-interest Working Capital Loans as part of the GNWT’s initial COVID-19 relief efforts.