COVID-19 Update | Monday, April 20 (AM)
April 20, 2020 / Really Old Microsites
Congress Congress is close to a deal to inject more money into the Small Business Administration’s (SBA) Paycheck Protection Program (PPP). Elevate believes that the that deal could be finalized as soon as today in the Senate and include $300 billion in additional funds for the PPP – $65 billion for small lenders. We are […]
Read More
Canadian COVID-19 Update | Friday, April 17
April 17, 2020 / Really Old Microsites
TIAC’s Work The Government announced further funding measures for SMEs having trouble accessing funding to previously announced government programs Regional Development Agencies (RDAs) and the Community Futures Network will receive $962M in government funds to assist small businesses Please find a guide for contacting your RDAs found in the links here. If you are a member in the […]
Read More
COVID-19 Update | Friday, April 17
April 17, 2020 / Really Old Microsites
Congress Disagreement between Republican and Democrat congressional leadership regarding additional funds for state and local governments continues to hamper negotiations. As previously reported, National Governors Association Chair Larry Hogan (R-MD) and New York Governor Andrew Cuomo have issued a joint call to the President that states need $500 billion in relief and over 300 Mayors […]
Read More
COVID-19 Update | Thursday, April 16
April 16, 2020 / Really Old Microsites
Congress The Senate remained in deadlock on additional funding for the Paycheck Protection Program (PPP) and other additional CARES Act funding. A deal is recognized by both parties as essential, but timing remains uncertain. If a deal is reached, it could be considered expeditiously. The Senate will have their next Pro Forma session on Monday, […]
Read More
A TREX 2020 update
April 16, 2020 / Really Old Microsites
By Catherine Prather, CTPNTA President Today was the day we had planned to open registration for Travel Exchange in Reno Tahoe, but like nearly everything else in this world, our plans have been put on hold. No matter how eager we are to (safely) mix and mingle again, we recognize that this is not the […]
Read More
COVID-19 Update | Wednesday, April 15
April 15, 2020 / Really Old Microsites
Congress The path to replenish the Payroll Protection Program (PPP), remains unclear. Republicans and Democrats remain firm in their position regarding what should be in the next package to provide relief. Conversations between the two sides continue; however, it is unclear that a deal will be reached before tomorrow’s pro-forma session of the United States […]
Read More
COVID-19 Update | Tuesday, April 14
April 14, 2020 / Really Old Microsites
Congress After our report yesterday that the House would not be in session again until at least May 4, the Senate has now extended its recess until then at the earliest as well, though routine Pro Forma sessions will continue. Congress was aiming to strike a deal by Thursday in the Senate’s Pro Forma session; […]
Read More
Canadian COVID-19 Update | Tuesday, April 14
April 14, 2020 / Really Old Microsites
TIAC’s Work Prime Minister Justin Trudeau indicated in his daily press briefing today that specific support for the tourism sector, including airlines will be announced this week. This may include rent support and greater access to the Canada Emergency Business Account. TIAC continues to advocate for specific measures for those hardest hit during the pandemic. Your […]
Read More
COVID-19 Update | Monday, April 13 (PM)
April 13, 2020 / Really Old Microsites
Congress Congressional leaders began talks over additional funding for CARES Act provisions, including small businesses, hospital, and state and localities relief funds. Both Republicans and Democrats have reinforced the fact that the Paycheck Protection Program (PPP) has been oversubscribed and that a further delay on additional funding past this week would interrupt lending ability. Today’s […]
Read More
COVID-19 Update | Friday, April 10
April 10, 2020 / Really Old Microsites
Congress Senate Minority Leader Chuck Schumer announced that he had constructive talks with Treasury Secretary Steven Mnuchin today and they agreed to hold bipartisan, bicameral talks with Mnuchin about additional near-term COVID-19 relief. House Speaker Nancy Pelosi indicated that it is unlikely that the House returns to session on April 20th as previously scheduled. The […]
Read More
