A new federal program will help Canadian small- and medium-sized businesses grow their online presence and upgrade or adopt digital technologies.
Prime Minister Justin Trudeau announced the launch of the Canada Digital Adoption Program (CDAP), which will provide $4 billion over four years to support up to 160,000 small businesses and create good middle-class jobs across the country, including thousands of jobs for young Canadians.
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Under the CDAP, Canadian small- and medium-sized enterprises (SMEs) will be able to assess their digital readiness and apply for grants and loans online. This funding will help them: leverage e-commerce opportunities, upgrade or adopt digital technologies, and digitize their operations to stay competitive and meet their customers’ needs in the digital marketplace.