Hi there,
First, since this is a govenrment program that is delivered by the financial institutions, I don't think there will be that big of a financial impact on them. I'm not exactly clear on the mechanics, but if I'm not mistaken it came from the BoC and not the banks themselves who are just issuing the program.
Secondly, the loans to do not have to be repaid by this time next year - in fact, it is interest free till next year, then interest only payments until 2025 at which point the balance is due. They also already have baked in a level of debt forgiveness already which is going to lessen the impact.
All in all, I really don't think it'll have that big of an impact on any individual company - its moreso going to impact our Feds, money supply, debt and money printing. In other words, add it to the current laundry list of issues facing our federal government.
Mat