Insights & Analysis

April 17, 2020

PODCAST: Episode #009: Canadian firms are experiencing liquidity challenges, so what can we do about it?

As COVID-19 continues to have devasting impacts throughout the economy, many of Canada’s larger firms are experiencing significant challenges to liquidity.

Co-hosts Adam Legge and Scott Crockatt discuss the state of liquidity in Canadian firms right now as a result of the economic impact of COVID-19 and low oil prices with Adam Waterous, Managing Partner and CEO of Waterous Energy Fund.

We look at the key liquidity challenges Canadian companies are facing and assess whether the federal government’s current relief programs for business solve the liquidity problem. We talk about what implications exist for these companies and the broader economy if they can’t access the financial resources they need in the short term.

Adam also provides his framework and recommendations for an effective liquidity program that provides comprehensive relief and support for Canadian firms facing these challenges, provides some economic confidence and minimizes the risk of mass bankruptcies.

In This Episode:

  • Introduction to liquidity in Canada: what it is, how it works and what challenges exist for firms in terms of liquidity right now
  • How well current liquidity programs are helping Canadians firms address challenges and what gaps still exist
  • Designing an effective liquidity plan: what solutions will work, what will not and how we know it is working

Key Takeaways:

  • While the response programs for businesses are constructive, they don’t do much to address the liquidity issue, and Canadian companies, especially those in some of the hardest-hit sectors, need effective support now

Useful information

Share this episode

Firms across the country are facing liquidity challenges. So, what can we do about it? Adam Waterous, CEO of Waterous Energy Fund joins us to share his ideas on injecting liquidity into CDN businesses on this episode of #AlbertaBETTER… Click To Tweet

Check us out on social media

Twitter: @BizCouncilAB
Facebook: @BizCouncilAB
LinkedIn: @businesscouncilofalberta
YouTube: Business Council of Alberta

Subscribe to AlbertaBETTER

Apple Podcasts
Google Podcasts

Share your thoughts

Have an idea for us to explore or question for us? Send us a message!

This podcast is produced in partnership with Work Nicer.

join the movement

Sign up to stay updated on our work and join the movement toward a better Alberta for all.


In the spirit of truth, reconciliation, and respect, we honour and acknowledge the lands upon which we live and work as guests, including the traditional territories of the First Nations in Treaties 6, 7, and 8 and the citizens of the Metis Nation of Alberta. We thank the First Peoples of this land, which we now call Alberta, for their generations of stewardship of the land, and we seek to walk together in the spirit of truth and reconciliation to build a shared future for all in Alberta.

Ⓒ Copyright Business Council of Alberta | Whistleblower Policy

Share This