The honourable Minister has the floor. I would also like to remind members to ask their questions through the Chair
Thank you, Mr.Chair. We know that our approach has to help small and medium-size companies, but also large companies in order to provide a bridge to the end of the crisis. In our opinion, that is very important. It will protect the jobs of Canadians and the future of our economy. That's why the Large Employer Emergency Financing Facility is very important. That said, we know that it is necessary and important to impose conditions. Yes, we do want to make sure that the facility is available for companies that are going to continue to support our economy, to protect their employees, and to make a significant contribution to our communities. That is why we have attached a number of major conditions to our approach. We will have more details on the subject in the coming days. We established from the outset that we had to impose conditions on executive compensation. That is very important. We are going to consider the rules and conditions that are needed in order for the facility to be available to the companies, the operations and the employees. Of course, conditions are required to ensure that the facility is available for operations, not for dividends or share buybacks, for example. We will impose conditions of that kind. We also want to make sure that we are aware of the situation the companies are in. For example, we want to be sure that they are not engaged in tax evasion.
We'll now go on to Ms. Sgro.
Thank you very much, Mr. Chair. I appreciate the opportunity. I will be sharing my time with the member for KingsHants. Canadian seniors are worried about COVID-19. In my own riding of Humber RiverBlack Creek, 30% of the population are 65 or older. We know they are one of the highest risk populations. During this time, their costs have gone up. They have had to spend extra on medication and grocery delivery, as many cannot leave their homes. I have also heard of many seniors who are facing extra dispensing fees. These costs all add up, and many seniors were already carefully budgeting before the pandemic. It is so important that our government be there to support them. Can the minister please tell us what our government is doing to ensure that vulnerable seniors get the support they need during this very difficult time?