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House Hansard - 238

44th Parl. 1st Sess.
October 24, 2023 10:00AM
Context: House Hansard - 238 - Oct/24/23
Ms. Nathalie Sinclair-Desgagné (Terrebonne, BQ)
  • Oct/24/23 2:40:54 p.m.
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Mr. Speaker, there must be a limit to the federal government's intransigence. We are talking about 250,000 businesses that could go bankrupt as early as 2024 if the government does not postpone repayment of the CEBA loans. That is 250,000 bankruptcies and countless job losses. No government in the world would stand for that. That is why, on Friday, the premiers of Quebec and the provinces demanded that the repayment of the CEBA loan be deferred for one year. Will the government finally offer our businesses some flexibility?
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Context: House Hansard - 238 - Oct/24/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Oct/24/23 2:41:35 p.m.
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Mr. Speaker, we are offering additional flexibility to small businesses in repaying their Canada emergency business account loans. This includes a full one-year extension of the term loan repayment deadline, more refinancing flexibility and more time to access the loan forgiveness, which is both a balanced and fiscally responsible approach. The Bloc Québécois did not vote to lower credit card fees. We are always prepared to work with the Bloc Québécois, because our main objective is to help small businesses across the country.
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