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House Hansard - 244

44th Parl. 1st Sess.
November 1, 2023 02:00PM
Context: House Hansard - 244 - Nov/1/23
Ms. Nathalie Sinclair-Desgagné (Terrebonne, BQ)
  • Nov/1/23 3:09:49 p.m.
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Mr. Speaker, 250,000 businesses are at risk of bankruptcy if the federal government does not push back the deadline for repaying the Canada emergency business account loans without loss of subsidy. If the government thinks it is expensive to help businesses, it has not calculated how much it costs to abandon them. How many companies will be unable to repay the loans in full? How many collections will it have to undertake to get its money back? How many workers will end up on employment insurance? When will the minister finally realize that causing 250,000 bankruptcies is going to cost her dearly?
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