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House Hansard - 242

44th Parl. 1st Sess.
October 30, 2023 11:00AM
Context: House Hansard - 242 - Oct/30/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Oct/30/23 2:28:05 p.m.
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Mr. Speaker, our government is listening to small businesses. The first deadline to qualify for forgiveness was the end of 2022. Small businesses asked for our help. That is why our government extended the forgiveness repayment deadline to January 18, 2024. We also announced a full one-year extension of the term loan repayment date until the end of 2026. Our government is always there for small businesses.
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Context: House Hansard - 242 - Oct/30/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Oct/30/23 2:41:17 p.m.
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Mr. Speaker, nearly 900,000 small businesses had to shut down during the pandemic. What did we do? We created the Canada emergency business account, or CEBA, to help small businesses keep their doors open. What are we doing? We are providing additional flexibility so that businesses can repay their CEBA loans. What will our government continue to do? We will continue to listen to and support small businesses across the country.
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Context: House Hansard - 242 - Oct/30/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Oct/30/23 2:43:54 p.m.
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Mr. Speaker, we will continue to be there for small businesses. We extended the deadline for small businesses from last year to this year. Since they asked for more assistance, we are giving them more refinancing flexibility. We are giving them more time to access the loan forgiveness and a one-year extension of the CEBA loan repayment deadline.
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