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House Hansard - 294

44th Parl. 1st Sess.
March 22, 2024 10:00AM
  • Mar/22/24 11:18:47 a.m.
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Madam Speaker, Canada summer jobs is back, and we are ready to help young people gain the skills and work experience they need to succeed. Last year, through the Canada summer jobs program, our Liberal government invested over $285 million in organizations across the country, which created over 74,000 youth jobs. I can tell members first-hand the impact that this program is having in my riding of Mississauga—Erin Mills; last year, we invested in 57 local organizations and small businesses to create nearly 400 jobs for youth. I want to recognize a few of these awesome organizations that received funding last year in my riding, including the Boys and Girls Club of Peel, Ivan Franko Homes, the Mississauga Dolphins Cricket Association and Music for Every Child, which do so much great work in the community. I thank all the recipient organizations and all of those who continue to invest in our youth for our future.
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  • Mar/22/24 11:56:10 a.m.
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Madam Speaker, the CEBA program supported over 900,000 small businesses through the pandemic, and we estimate that 80% of them have repaid their loans so far. As we move away from the pandemic, we are taking serious, concrete action to support small businesses, both by providing funding and by cutting costs. We recently finalized an agreement to cut credit card fees by up to 27%, which will save small businesses across Canada $1 billion.
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  • Mar/22/24 11:57:16 a.m.
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Madam Speaker, as we move forward from the pandemic, small businesses have nearly three years, until the end of 2026, to repay their CEBA loans, and they have access to interest rates as low as 5%. Meanwhile we are investing in communities in order to strengthen our economy. Earlier this month we announced $2.5 million in federal funding to enhance the indigenous women's entrepreneur program and create an indigenous youth entrepreneurship program.
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