 Bonjour tout le monde. Good morning. I'd like to begin today by recognizing that this is National Nurses Week. Nurses are the heart and soul of our health care system. Every day they do incredible work to keep Canadians healthy and the way they've stepped up to support people during this pandemic speaks to their compassion, resilience and dedication. To all the nurses out there, thank you so much for going above and beyond for everything you've done for us. I'd like to begin this morning by congratulating the National Nurses Week. Nurses are the heart and soul of our health care system. Every day they do incredible work to keep Canadians healthy and the way they've stepped up to support people during this pandemic speaks to their compassion, resilience and dedication. To all the nurses out there, thank you so much for everything you've done for us. Since the beginning, our response to the COVID-19 pandemic has been driven by three fundamental objectives. The first is to keep Canadians safe and ensure we take every possible step to protect our most vulnerable citizens. This work continues daily, guided by our best doctors and medical experts and it drives every move we make. The second is to protect individuals, workers and families from the worst financial impacts of this pandemic so you can put food on the table and cover your bills while staying safe. We're doing that with programs such as the Canada Emergency Response Benefit, the increase in the Canada Child Benefit this month and the enhanced GST tax credit, among other measures. And thirdly, we are helping Canadian businesses through this extraordinary time, including for-profit, not-for-profit and charitable enterprises to ensure that workers across Canada can keep their jobs so we can come roaring back after this difficult time is behind us. Today, I announce the next phase of our support measures for companies that collectively employ millions of Canadians and have suffered unprecedented losses because of the pandemic. We will expand the credit program to companies that have been created so that small companies remain in good financial health in order to include the means of companies that need more capital. Canada Export and Development and the Canada Development Bank will work with private sector workers to increase the access to capital of several tens of millions of dollars for Canadian companies in all sectors of the industry and in all regions of the country. We will also put in place the emergency credit for the great employers to help the largest companies that cannot obtain funds by other means through the crisis. But I want to be clear. This is a transition financing, not a white check. We are offering support to the largest employers to protect millions of jobs across the country. Our approach is based on several basic principles. First, we want to prevent companies from doing it. The objective of the crisis to companies is not to finance non-profit companies or to undertake a restructuring. We do not intend to provide low interest loans to companies that do not need it. Second, we will be equitable. Finance will be accessible to all sectors in all provinces and territories. Third, we will protect people's jobs. That is the most important thing. Companies that will receive this help will have to take and respect certain commitments. For example, to maintain jobs and their investments, to respect collective conventions and obligations related to the retirement regime and to take commitments in terms of the environment. More precisely, there will be firm limits that will divide action waste and the remuneration of the leaders. To counter fiscal evasion and evasion, companies will have to share with us their complete financial structure when they have a demand to obtain funding. Today, I am announcing the next phase of our support for enterprises that collectively employ millions of Canadians and are experiencing unprecedented losses due to the COVID-19 pandemic. We are expanding the Business Credit Availability Program, put in place to keep small businesses solvent, to mid-size companies with a greater need for capital. Export Development Canada and the Business Development Bank of Canada will work with private sector lenders to free up access to capital in the tens of millions for Canadian companies in every industry and in all regions across Canada. At the same time, we are establishing a large employer emergency financing facility to provide bridge financing for our largest employers if they are unable to obtain financing through other means. But let me be clear, these are bridge loans, not bailouts. Just as we are finding ways to support small and medium-sized businesses, we'll provide loans to the largest enterprises to help them weather the storm and protect the millions of jobs they provide across Canada. In providing this support, we will be guided by several basic principles. The first is to avoid bankruptcies. Our purpose is to keep large Canadian companies on their feet and protect the millions of jobs they provide. The goal here is not to fix pre-existing insolvencies or restructurings, nor is it to provide low-cost lending to companies that don't need it. Second, we will be fair. Financing will be accessible to every industry sector in a way that is consistent in every province and territory right across Canada. And critically, we will protect workers and hold companies accountable. This is fundamental. Any company that receives this support will be expected to make and keep certain commitments. Those include maintaining jobs and investment, respecting collective agreements and pension obligations, and environmental and climate commitments. In particular, there will be strict limits on dividends, share buybacks, and executive compensation. To stand strong against tax avoidance and tax evasion, we will require companies to share with us their complete financial structure as they apply for funding. With this program, we're taking a bold step. Ideally, private sector lenders are adequate for the needs of large businesses. But in an extraordinary situation when that isn't always enough, we must act to prevent massive harm to Canadian workers and families and the Canadian economy. We will not allow millions of people to lose their livelihoods because of unprecedented events beyond their control. Finally, as we continue to work on plans to reopen, I want to say this. Please let caution and medical advice be your guides. We are all anxious to see life go back to something that looks more like normal. But we're not out of the woods yet. And we cannot squander the sacrifices we've made over the past two months. So when in doubt, if you can, stay home. Avoid gatherings. Wash your hands frequently and thoroughly and maintain two metres distance from everyone else. This is how we will keep fellow Canadians who can't stay home and those working on the front lines safe.