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Decentralized Democracy

House Hansard - 294

44th Parl. 1st Sess.
March 22, 2024 10:00AM
  • Mar/22/24 11:55:32 a.m.
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Madam Speaker, we knew that the January deadline for paying back the Canada emergency business account without penalty was threatening the survival of our SMEs. We did everything we could to warn the government. Now it is reaping what it sowed. The Office of the Superintendent of Bankruptcy reported that the number of insolvency cases climbed by 129% in January. January 2024 was the worst month on record since the office was established 40 years ago. We are seeing a wave of bankruptcies because of the intransigence of this visionless government. What is it going to do today to stop the bleeding?
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