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Decentralized Democracy

House Hansard - 231

44th Parl. 1st Sess.
October 6, 2023 10:00AM
Context: House Hansard - 231 - Oct/6/23
Ms. Nathalie Sinclair-Desgagné (Terrebonne, BQ)
  • Oct/6/23 11:41:19 a.m.
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Mr. Speaker, our SMEs are unable to repay their CEBA loans on time after being squeezed by inflation. According to the Canadian Federation of Independent Business, 250,000 businesses will go bankrupt next year if the federal government does not offer them some flexibility. The Quebec National Assembly has heard this dire warning. It is unanimously calling on the federal government to significantly extend the deadline for the repayment of CEBA loans. Is that clear enough? Will the government listen to the Quebec National Assembly and take action?
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Context: House Hansard - 231 - Oct/6/23
Ms. Nathalie Sinclair-Desgagné (Terrebonne, BQ)
  • Oct/6/23 11:42:27 a.m.
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Mr. Speaker, in case it was not clear enough, I am talking about the Canada emergency business account. All the parties in the Quebec National Assembly are saying the same thing. We are headed towards 250,000 small and medium-sized businesses going bankrupt unless Ottawa assesses each case and offers deferrals, as needed. If Ottawa thinks it will get its money back faster with 250,000 bankruptcies, it is mistaken. If Ottawa thinks it makes financial sense to put the employees of 250,000 SMEs out of work, it is mistaken. When will this government finally listen to reason?
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