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Decentralized Democracy

House Hansard - 248

44th Parl. 1st Sess.
November 7, 2023 10:00AM
Context: House Hansard - 248 - Nov/7/23
Mrs. Caroline Desbiens (Beauport—Côte-de-Beaupré—Île d'Orléans—Charlevoix, BQ)
  • Nov/7/23 3:02:54 p.m.
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Mr. Speaker, the situation in Beauport—Côte-de-Beaupré—Île d'Orléans—Charlevoix is very serious. In my riding, 142 SMEs have announced that they will go bankrupt if the federal government does not extend the repayment deadline for CEBA loans by one year without the loss of the forgivable portion of the loan. The situation is the same in the entire national capital region. Our SMEs need more time. While the Liberals are asleep at the wheel and the Conservatives are defending oil companies, our small and medium-sized businesses are on the verge of bankruptcy. When will the government finally give them the one-year extension they so desperately need?
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Context: House Hansard - 248 - Nov/7/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Nov/7/23 3:03:35 p.m.
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Mr. Speaker, I would like to inform my hon. colleague that nearly 900,000 small businesses benefited from the CEBA. That is why we recently announced a one-year extension on the term loan repayment deadline, more flexibility on refinancing and more time to access loan forgiveness. We also increased the Canada child benefit and implemented $10-a-day child care, thus enabling more women than ever to enter the workforce.
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