The grant and loan portion of the program ended in February 2024, with the government saying it was ‘fully subscribed,’ but documents showing the budget had been sharply reduced
The federal government prematurely cancelled a $4-billion program to help small businesses upgrade their technology because of budget cuts, documents show, and not because of the program’s success, as Ottawa
Last February, the government abruptly ended the grant and loan portion of the program – which was the bulk of CDAP’s budget – and posted a notice on its website that the program was ending because it was a success and it was “fully subscribed.” When asked about the memo, Ms. Valdez’s office confirmed that CDAP’s budget had been slashed in late 2023 as part of broader efforts in the federal government to reduce expenses. Spokesperson Callie Franson said the part of the budget devoted to grants and advisory services had been reduced to $755-million, from $1.4-billion. And the budget for the interest-free loans was reduced to $494-million, from $2.6-billion.
Derek Froese, an information-technology consultant and owner of Koala Technology in Abbotsford, B.C., was one of hundreds of digital advisers who helped small businesses navigate the program. He said the program helped the businesses he worked with and the sudden cancellation was disruptive.
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