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House Hansard - 268

44th Parl. 1st Sess.
December 14, 2023 10:00AM
Context: House Hansard - 268 - Dec/14/23
Hon. Marie-Claude Bibeau (Minister of National Revenue, Lib.)
  • Dec/14/23 3:02:15 p.m.
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Mr. Speaker, as far as the emergency business account is concerned, I would remind members that during COVID‑19, our government was there to support businesses with the wage subsidy, the rent subsidy and the emergency account. There are plans available for repaying the emergency account. Plan A, the business owner has the money, repays the government loan and qualifies for loan forgiveness. Plan B, the business owner takes out a commercial loan, repays the CEBA and qualifies for loan forgiveness. Plan C, the business owner stays with us for another three years and pays 5% interest.
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