The Business Credit Availability Program (BCAP) was introduced by the Federal Government in its January 27 budget, to provide an estimated $5 billion in new financing for Canadian businesses and is to be delivered through enhanced co-operation between the Business Development Bank of Canada (BDC), Export Development Canada (EDC) and Canada's chartered banks.

Through BCAP, EDC and BDC will provide additional loans and other forms of credit support and enhancement at market rates to businesses with viable business models whose access to financing would otherwise be restricted. By working in close cooperation with private sector financial institutions, BCAP will fill gaps in market access and lever additional lending by the banks where joint participation facilitates private action.

Visit the Government of Canada BCAP Website

Visit the Canadian Bankers Association BCAP Website