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House Hansard - 248

44th Parl. 1st Sess.
November 7, 2023 10:00AM
  • Nov/7/23 3:04:20 p.m.
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Mr. Speaker, a wave of bankruptcies is coming for our SMEs if the federal government does not defer repayment of the Canada emergency business account without the loss of any subsidies. According to the Canadian Association of Insolvency and Restructuring Professionals, more companies filed for insolvency in the last quarter than in the previous 10 years. In Beauport—Limoilou alone, 154 businesses have said they are at risk of bankruptcy. How can the Liberals sacrifice everything they have, when all these companies are asking for is a one-year deferral, not 18 days?
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