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Decentralized Democracy

House Hansard - 275

44th Parl. 1st Sess.
February 5, 2024 11:00AM
  • Feb/5/24 2:38:57 p.m.
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Mr. Speaker, the Liberals are bragging about the fact that 80% of SMEs paid back their CEBA loans on time, but that is not good news. That means that 20% of SMEs are at high risk of bankruptcy. We are not talking about multinationals. We are talking about small business and restaurant owners in our communities. The government needs to do three things: Deal with each case on a case-by-case basis, guarantee loans from financial institutions and reinstate the $20,000 subsidy. Why is it so hard for the government to be flexible in helping the business owners in our communities? It does not take a rocket scientist to figure this out.
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