Women-owned companies see first $150 mln of BDC program

Canadian women-owned businesses have so far seen $150 million in commitments from a $700 million program launched earlier this year by the Business Development Bank of Canada (BDC). The program, announced in March, aims to increase term lending to companies led by women over a three-year period. BDC client data show these companies earn less than half of the revenue of comparable men-owned entities

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