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Decentralized Democracy

House Hansard - 210

44th Parl. 1st Sess.
June 9, 2023 10:00AM
Context: House Hansard - 210 - Jun/9/23
Ms. Nathalie Sinclair-Desgagné (Terrebonne, BQ)
  • Jun/9/23 11:54:15 a.m.
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Mr. Speaker, during lockdown at the beginning of the pandemic, the government brought in the emergency business account. It provided loans of up to $60,000, $20,000 of which was forgivable if the loan was paid off by a certain deadline. That was the right thing to do. Some 900,000 business owners needed it. The deadline of December 31 is fast approaching, however, and 40% fear they will be unable to pay off the loan in full, which means they will not qualify for loan forgiveness. This is threatening their survival. Will the government offer them some flexibility?
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