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House Hansard - 246

44th Parl. 1st Sess.
November 3, 2023 10:00AM
Context: House Hansard - 246 - Nov/3/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Nov/3/23 11:47:09 a.m.
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Madam Speaker, I thank the hon. member for that question. That is why we are offering additional flexibilities for small businesses to repay their CEBA loans. This includes 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 balanced and fiscally responsible. We know times are tough, which is why our government is also cutting taxes for growing small businesses and lowering their credit card fees by up to a quarter. We will continue to listen to small businesses, and we will be there for all Canadians.
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