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House Hansard - 275

44th Parl. 1st Sess.
February 5, 2024 11:00AM
Context: House Hansard - 275 - Feb/5/24
Mr. Jean-Denis Garon (Mirabel, BQ)
  • Feb/5/24 2:37:39 p.m.
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Mr. Speaker, there was a 41% increase in business bankruptcies last year, and 61% of those are in Quebec. It is the highest increase ever recorded. It is in that context that the federal government set the January 18 deadline for SMEs to pay back the emergency business account loan without penalty. In a Radio-Canada news report, trustee Stéphane Leblond warned that insolvency cases have been on the rise for the past month. Of course the Liberals just added $20,000 of debt to the SMEs most at risk. Why not show these businesses some flexibility instead of continuing to kick them while they are down?
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