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House Hansard - 275

44th Parl. 1st Sess.
February 5, 2024 11:00AM
Context: House Hansard - 275 - Feb/5/24
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Feb/5/24 2:38:18 p.m.
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Mr. Speaker, the purpose of the Canada emergency business account, or CEBA, was to help keep businesses afloat during the pandemic and give them some room to recover. Nearly 80% of small businesses have paid back the CEBA loan and were able to take advantage of the refundable portion of the loan. We are also reducing credit card transaction fees by up to a quarter to help small businesses keep more money in their pockets.
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