Cash-strapped and stranded abroad, hundreds of Canadians are waiting for an emergency loan from the federal government because they need money to pay for hotels or book flights. The Canadian government has paid out $1.8 million in loans to 525 recipients through the COVID-19 Emergency Loan Program for Canadians Abroad. Kimberley Bradley, 50, of Pembroke, Ont., says she needs the emergency loan to cover her hotel bill in Varadero, Cuba. Loan application deniedToronto resident Alexandra Acosta helped her 62-year-old father apply for a $1,000 emergency loan last week to go toward a plane ticket home from Lima, Peru. The eligibility criteria to qualify for an emergency loan from the federal government include:

Source: CBC News April 01, 2020 23:22 UTC