Yukon gov't offers new loan program for smaller businesses

The Yukon government says small- and medium-sized businesses in the territorycan apply to a new loan program aimed at helping them stay afloat through the ongoing COVID-19 pandemic.

The government also announced on Thursday it would the extend several other business relief programsinto the fall.

"We were one of the first governmentsinCanada to launch programs to support individuals and businesses impacted by COVID-19," said Economic Development Minister Ranj Pillaiat a news conference.

"Our response was a model for other Canadian jurisdictions."

Pillaisaid the government's new Regional Relief Loan Program will provide loans of up to $100,000 to eligible businesses.

The loans, he said, will be interest-free until the end of 2022, and principle payments can also be deferred until then. If at least 75 per cent of the loan is repaid by the end of 2022, the balance will be forgiven.

Several other programs already in place will be extended, Pillai said. Thoseinclude:

• Yukon Business Relief Program, which provides non-repayable grants to help businesses cover fixed costs. Businesses that have already received grants can reapply for further help until Sep. 30.
• Paid Sick Leave Rebate, which helps businesses pay workers who need to stay home if they're sick or required to self-isolate. It has also been extended to Sep. 30.
• Tourism Relief and Recovery Plan, which aims to help the struggling tourism sector survive beyond the pandemic through funding supplements and other investments.
• Struggling bars and licensed restaurants will continue to receive a 25 per cent discount on the retail price of alcohol until Sep. 30.

Missed Thursday's news conference? Watch it here:

No active cases in territory

As of Wednesday, the territory had no active cases of COVID-19. The two most recent cases were announced nearly two weeks ago, and are now counted as recovered.

Also as of Wednesday, the territory had administered14,364 Moderna vaccine shots 10,781 first-dose shots, and 3,583 second-dose shots.

The territory's next shipment of 16,100 vaccine doses is expected in the territory by Sunday, the governmentsaid. That will allow vaccine clinics for the adult general population in Whitehorse to begin on Monday.

"This is an exciting time," said Chief Medical Officer Dr. Brendan Hanley who was at Wednesday's news conference alongside Pillai.

"We are well on our way to immunizing a majority of our population."

Appointments for the Whitehorse general-population clinics can be booked online or by phone. The government's online booking site crashed repeatedly after those clinics were announced last week, but officials said on Monday that the problemhad been fixed.

The general-population clinics will be held daily, except Sundays,from March 1-20 at the Whitehorse Convention Centre. The earliest available appointments on the government's site as ofWednesday afternoon were on March 15.

No Yukon-N.W.T. travel bubble yet

Hanleywas also asked at Thursday'snews conference about the possibility of opening a travel bubble with the N.W.T. The idea has generated discussion recently, after N.W.T. Health Minister Julie Green said she was hoping for"good news" on a possible travel bubble or looser travel restrictionsbetween the two territories by the end of March.

Hanley was non-committal on Thursday, but said he wasin regular contact with N.W.T. officials.

"It's definitely something we've been keeping in touch over. We love our neighbours," Hanley said.

"We'll be continuing to discuss those possibilities."

The N.W.T.'s chief medical officer said on Wednesday that a travel bubble with Yukon was not something she was considering atthis time.

Contact tracing app not a priority

Hanleywas also asked on Thursday whether Yukon might yet sign on to use the federal government's COVID-19 tracing app, as N.W.T. has done.

Thesmartphone app allows users to report a positive coronavirus test and alert others of a potential exposure. Itexchanges random codes via Bluetooth with nearby phones which have the app installed.

Hanleysaid it's not a high priorityas it's not clear what the added benefits would be right now for Yukon, "in our situation of having a containment approach, a small jurisdiction, and very good contact-tracing capacity."

He said that may change in the future, when Yukon eases restrictions and peopleare travelling more.