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Decentralized Democracy

House Hansard - 233

44th Parl. 1st Sess.
October 17, 2023 10:00AM
  • Oct/17/23 4:51:50 p.m.
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Mr. Speaker, that is a very important question, because we are talking about small businesses all across Canada. It was tough, but the government was able to give them up to $60,000. They could keep $10,000 of the first $40,000. Of the remaining $20,000, they could keep another $10,000, so that means $20,000 was available. We also made changes that allow small businesses to defer their loan repayments for a year, so plenty of tools have been offered. I do not know whether this meets the needs of all businesses, but it does meet the needs of some of them. I am sure of that, based on the discussions I have had.
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