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According to a 2012 study in the Journal of Experimental Medicine, rats injected with inflammatory chemicals in their hind feet experienced less inflammation and neuropathic pain when treated with an oral dose and spinal injection of CBD.  

To determine an exact dose of CBD, remember that each drop of oil equals 0.05 mL of fluid. This means that a 30-mL bottle of CBD oil will have roughly 600 drops. If the concentration of the tincture is 1,500 mg/mL, one drop would contain 2.5 mg of CBD (1,500 mg ÷ 600 drops = 2.5 mg).

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Human studies evaluating the use of CBD in treating chronic pain are lacking. Those that do exist almost invariably include THC, making it difficult to isolate CBD’s distinct effects.

Potential drug-drug interactions with CBD include:

In all but a few studies, lower doses of CBD (10 milligrams per kilogram, mg/kg, or less) improved some symptoms of anxiety. Higher doses (100 mg/kg or more) exhibited virtually no effect.

This support for qualifying Canadian oil and gas companies is in addition to other EDC and BDC programs that companies can access through their financial institutions such as financial solutions under the Business Credit Availability Program (BCAP) and interest-free loans for small businesses and not-for-profits available under Canada Emergency Business Account (CEBA). The BCAP and CEBA relief programs are focused on providing much needed liquidity to small- and medium-sized companies.

As part of the Government of Canada’s economic response plan, EDC will increase its financial capacity over 12 months to support Canada’s oil and gas sector. This business support will be provided through EDC’s lending, bonding and accounts receivable insurance products. For those wishing to access support, they are encouraged to reach out to their financial institution for more information.

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About EDC

“As an important driver of the Canadian economy, it’s important that we do our part to support Canada’s oil and gas companies during the crisis. This is part of our commitment to support Canadian companies of all sizes, in every sector. EDC will continue to work with our government and financial industry partners to be responsive to the needs of Canadian companies during these challenging times,” said Burlock.

“EDC recognizes the considerable strain on Canada’s oil and gas sector that is resulting from the economic impact of this global pandemic and other market-based conditions. We will support Canada’s energy sector during these incredibly challenging times. In doing so, we are supporting the hundreds of thousands of Canadians who work in this sector and their families,” said Carl Burlock, Chief Business Officer, EDC.

To further help Canadian businesses facing extreme financial challenges brought on by the global response to COVID-19, the Government of Canada has expanded EDC’s domestic capabilities until December 31, 2021. This broader mandate will enable EDC to expand its support to companies focused domestically.

The commercial support, to be provided through EDC and BDC, is intended to help Canada’s exploration and production, mid-stream, and oil-field companies navigate these uncertain times. The support is aimed at helping bring liquidity into the market in order to manage the challenges companies are facing due to the global pandemic and decline in oil prices.

As part of today’s announcement, BDC will make available higher risk financing for Canada’s oil and gas sector, to strengthen companies’ financial position and complement financing available from EDC and other financial institutions. These commercial loans, ranging in size between $15 million and $60 million each, are meant to be used to fund operational cashflow needs for a 12-month period which in turn will ensure a degree of continuity of operations during this period of uncertainty. Eligible companies must have been financially viable prior to the current economic environment.

“BDC is here to support Canadian entrepreneurs in good times and in bad. Working with EDC, we are committed to helping businesses, big and small, get through this incredibly challenging time,” said Michael Denham , President and CEO of BDC. “Our focus is to bring liquidity to Canadian companies, including those in the oil and gas sector, to help them stay afloat and keep their employees working.”

Additional details regarding the new oil and gas sector support program are being finalized and will be made available shortly. Existing BDC clients should contact their account manager for more information. Non-clients are encouraged to visit bdc.ca/coronavirus to sign up for an update once details become available.

The commercial support, being developed by BDC and EDC, is intended to help Canada’s exploration and production, mid-stream, and oil-field companies navigate these uncertain times. The new measures are aimed at helping bring liquidity into the market in order to manage the challenges companies are facing due to the global pandemic and decline in oil prices.

MONTREAL – As part of a Team Canada response to the COVID-19 crisis, the Government of Canada , through BDC, Canada’s bank for entrepreneurs, and Export Development Canada (EDC) will make available additional financial capacity to help support Canada’s oil and gas sector.

This new support comes on top of measures already included in the Business Credit Availability Program (BCAP) as well as other measures previously announced by BDC available to smaller companies in all sectors, including working capital loans for businesses impacted by COVID-19 with flexible repayment terms such as principal postponements to help bridge entrepreneurs to a more stable time. Since the beginning of March, the Bank has processed more than 30,000 payment postponements for its existing clients and authorized 4.5 times more financing dollars that it had during the same period last year.

This financing complements support also announced today from EDC. This business support will be provided through its lending, bonding and account receivable insurance products.