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House Hansard - 235

44th Parl. 1st Sess.
October 19, 2023 10:00AM
Context: House Hansard - 235 - Oct/19/23
Mr. Bryan May (Parliamentary Secretary to the Minister of Small Business and to the Minister responsible for the Federal Economic Development Agency for Southern Ontario, Lib.)
  • Oct/19/23 3:16:55 p.m.
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Mr. Speaker, we understand the struggles that many small business owners had during the pandemic and that many continue to face. That is why we have offered additional flexibilities for small businesses to repay their CEBA loans. They include a full one-year extension on the term loan repayment deadline, more flexibility on refinancing and more time to access loan forgiveness, which is both a balanced and fiscally responsible approach.
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