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House Hansard - 271

44th Parl. 1st Sess.
January 30, 2024 10:00AM
  • Jan/30/24 11:27:46 a.m.
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  • Re: Bill C-59 
Madam Speaker, my colleague talked a lot about the economy in his speech. I think he will agree with me that small and medium-sized businesses are a key component of the Quebec and Canadian economies, and that they are extremely important. The pandemic has been hard on them. The government offered them a loan, which was coupled with a subsidy if they were able to repay the loan. It was called the Canada emergency business account, or CEBA. The repayment date was a few days ago, in early January. I have been talking to entrepreneurs back home. Some of them are wondering whether they should close their businesses because they have not been able to reach a payment agreement with the government. The post-pandemic economic recovery we had hoped for has not materialized. In my mind, it is logical to think that the government would help these people, who contribute to the Canadian economy. I would like to hear more from the member. Does he think this would have been a good measure for entrepreneurs, who are also facing the rising cost of living?
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