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House Hansard - 61

44th Parl. 1st Sess.
April 29, 2022 10:00AM
  • Apr/29/22 12:49:37 p.m.
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  • Re: Bill C-8 
Madam Speaker, it is always a pleasure to hear my colleague from Louis‑Saint‑Laurent speak in the House. One thing we would have liked to see in this bill is a bit more recognition of the issues facing small businesses. My numbers are from October 31, 2021, and the situation may have gotten worse since then, but the Canadian Federation of Independent Business, or CFIB, states that more than one-quarter of SMEs in Quebec may not make it through 2022. Recovery is not a given, and it is not easy. Does my colleague agree that the criteria for partial loan forgiveness under the Canada emergency business account could be made more flexible, based on certain conditions that would be determined down the road? That would be a big help to businesses that are having a hard time getting out of pandemic-related debt, including these loans.
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