COVID-19 Funding Made Available to Community Futures Development Corporations to Support Clients
The Department of Industry, Tourism and Investment (ITI) is contributing $86,000 to Northwest Territories (NWT) Community Futures Development Corporations (CFDC) to allow them to defer loan payments for their clients in the same way that the Business Development and Investment Corporation has done.
The one-time contribution by the Government of the Northwest Territories (GNWT) will cover the interest costs that would otherwise be incurred by these organizations.