Canadian Football League tackles EDC backed loan

(Globe and Mail, Toronto, 31 July 2020) The Canadian Football League (CFL), facing Corona virus slashed ticket sales, is seeking Canadian government assistance via a bank loan under the Business Credit Availability Program (BCAP), after the Business Development Bank of Canada and the CFL couldn’t agree on loan terms. The loan could be guaranteed (up to 80%) by Export Development Canada (EDC), another crown corporation.