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House Hansard - 244

44th Parl. 1st Sess.
November 1, 2023 02:00PM
Context: House Hansard - 244 - Nov/1/23
Hon. Marie-Claude Bibeau (Minister of National Revenue, Lib.)
  • Nov/1/23 3:11:49 p.m.
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Mr. Speaker, I do not think that scaring our SMEs is a good idea. We were there for them with the Canada emergency business account, wage subsidies and rent supports. The federal government provided $8 out of every $10 of relief during COVID‑19. We are there for SMEs, and we are making the transition. It is now up to commercial banks to continue the work. We encourage businesses to make the transition as well, but we are still there and programs still have three years of flexibility and many different terms and conditions.
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