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House Hansard - 147

44th Parl. 1st Sess.
December 13, 2022 10:00AM
Context: House Hansard - 147 - Dec/13/22
Ms. Nathalie Sinclair-Desgagné (Terrebonne, BQ)
  • Dec/13/22 2:59:10 p.m.
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Mr. Speaker, 10,000 companies in Quebec and 50,000 companies in Canada are losing their funding after receiving support from the emergency business account during the pandemic. Ottawa has deemed them ineligible for forgivable loans of $10,000 to $20,000 after the fact and is now requiring them to pay that money back. That means bankruptcy for some businesses. However, they do not know why Ottawa thinks they no longer qualify for the loans. They cannot appeal the decision or even talk to the government, because it is leaving the responsibility of announcing the bad news to financial institutions. Will the government at least implement a transparent arbitration process?
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