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House Hansard - 251

44th Parl. 1st Sess.
November 20, 2023 11:00AM
Context: House Hansard - 251 - Nov/20/23
Mr. Alain Therrien (La Prairie, BQ)
  • Nov/20/23 2:29:02 p.m.
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Mr. Speaker, tomorrow is the economic update. The finance minister has to understand that fiscal restraint does not mean austerity at the expense of small businesses. More than 220,000 SMEs face bankruptcy if the minister refuses to extend by one year the deadline for the CEBA loan repayment with no loss of the grant portion. The Quebec National Assembly demanded this extension. The Premier of Quebec and the other premiers demanded this extension. Everyone is demanding more flexibility for SMEs from the federal government. It is unanimous. Will the minister finally give businesses the extension they so desperately need tomorrow?
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Context: House Hansard - 251 - Nov/20/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Nov/20/23 2:29:39 p.m.
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Mr. Speaker, small businesses asked for our help. That is why our government extended the deadline for forgiveness to January 18, 2024. We also announced the extension of the deadline for term loan repayment by one year, to the end of 2026. Our government will always be there for small businesses.
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