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Decentralized Democracy

House Hansard - 274

44th Parl. 1st Sess.
February 2, 2024 10:00AM
Context: House Hansard - 274 - Feb/2/24
Mr. Maninder Sidhu (Brampton East, Lib.)
  • Feb/2/24 11:04:42 a.m.
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Madam Speaker, I recently sat down with the Brampton Board of Trade, Bhive and the Brampton Economic Development team to discuss the important work our government is doing to promote trade and economic development. This is done through our lndo-Pacific strategy, CanExport, EDC and our Trade Commissioner Service, which provides support to Canadian businesses across our network of missions around the world. I had the opportunity to meet with Brampton entrepreneurs and industry leaders to hear about their successes and how the trade agreements the government signed enabled them to expand and explore new international markets. Brampton is a leader in economic growth. MDA aerospace, Magna International, Coca-Cola, Pet Valu and Lululemon, to name a few, are all expanding to Brampton, creating thousands of jobs in our city. As we take on 2024, I am committed to building on this momentum, with a continued focus on attracting record investments, enabling growth through trade and ensuring the residents of Brampton have every opportunity to succeed here in our country.
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Context: House Hansard - 274 - Feb/2/24
Hon. Marie-Claude Bibeau (Minister of National Revenue, Lib.)
  • Feb/2/24 11:36:54 a.m.
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Madam Speaker, once again, we are there to support SMEs in a number of ways. Yes, the emergency business account was very important during COVID-19. We extended the $60,000 loan with a forgivable portion. Up to 80% of people have already paid it back. There are still measures in place for repayment over three years. The minimum payable amount is the 5% interest, which translates into $250 a month. There is a whole range of measures. I would remind members that if we had not offered the wage subsidy, many businesses would not be here today, but thanks to us, they survived.
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Context: House Hansard - 274 - Feb/2/24
Hon. Marie-Claude Bibeau (Minister of National Revenue, Lib.)
  • Feb/2/24 12:05:58 p.m.
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Madam Speaker, I thank my colleague. I am aware, and we are working together to try to come up with a solution. We want to help our local businesses to operate under the right conditions, in a good environment for doing business. This situation is a bit complex and we cannot change it overnight, but we will continue to work with him.
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