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Decentralized Democracy

House Hansard - 270

44th Parl. 1st Sess.
January 29, 2024 11:00AM
Context: House Hansard - 270 - Jan/29/24
Ms. Nathalie Sinclair-Desgagné (Terrebonne, BQ)
  • Jan/29/24 2:57:43 p.m.
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Mr. Speaker, the federal government's inflexibility with the CEBA loans is leading our SMEs into bankruptcy. Since the January 18 deadline, some SMEs have lost their $20,000 subsidy. In other words, our struggling businesses, those who were already having a tough time paying back $40,000, now owe the federal government $60,000. That is a death sentence. However, the federal government can still do two things: let the businesses keep the $20,000 subsidy and guarantee their loan with their financial institution. Why not give businesses an opportunity to pay back their loan?
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