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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
Ms. Nathalie Sinclair-Desgagné (Terrebonne, BQ)
  • Feb/2/24 11:36:19 a.m.
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Madam Speaker, the January 18 loan forgiveness repayment deadline for the Canada emergency business account proved how little the federal government cares about our entrepreneurs. Unfathomably, this week the Liberals were celebrating the fact that 80% of businesses have repaid the loan. This means that 20% of SMEs cannot pay it back. One in five SMEs that took out the emergency loan is now facing bankruptcy, and the government thinks that is good news. Do the Liberals really think that 180,000 potential bankruptcies is good news?
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