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Decentralized Democracy

Minister of Small Business

Hon. Rechie Valdez

  • Member of Parliament
  • Minister of Small Business
  • Liberal
  • Mississauga—Streetsville
  • Ontario
  • Voting Attendance: 67%
  • Expenses Last Quarter: $101,328.92

  • Government Page
Context: House Hansard - 270 - Jan/29/24
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Jan/29/24 2:58:22 p.m.
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Mr. Speaker, we know that small businesses are still going through a tough time. They still have nearly three years to pay back their CEBA loan. We extended the term loan repayment deadline to ensure that small businesses can focus on their post-pandemic recovery. We are also cutting taxes for growing small businesses and lowering credit card fees up to a quarter.
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Context: House Hansard - 252 - Nov/21/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Nov/21/23 2:54:21 p.m.
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Mr. Speaker, we know times were tough and are still tough for small businesses. If they are unable to repay by January 18, they still have a full three years to repay their CEBA loan. We extended the term loan repayment deadline to make sure that small businesses are able to focus on navigating pandemic recovery. We are also cutting taxes for growing small businesses and lowering credit card fees by up to a quarter. We will always be there for small businesses. That will never change.
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Context: House Hansard - 251 - Nov/20/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Nov/20/23 2:29:39 p.m.
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Mr. Speaker, small businesses asked for our help. That is why our government extended the deadline for forgiveness to January 18, 2024. We also announced the extension of the deadline for term loan repayment by one year, to the end of 2026. Our government will always be there for small businesses.
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Context: House Hansard - 247 - Nov/6/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Nov/6/23 2:57:50 p.m.
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Mr. Speaker, we have already given small businesses an extra year to qualify for the forgivable portion of the loan. Since they asked for more help, we are offering them more flexibility on refinancing, more time to access loan forgiveness and a one-year extension on the repayment deadline. We are always there for our small businesses, unlike the Conservative leader, who wants to take us back to the Stone Age.
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Context: House Hansard - 243 - Oct/31/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Oct/31/23 3:04:16 p.m.
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Mr. Speaker, our government listens to small businesses. The first deadline for the exemption qualification was the end of 2022. Small businesses asked for our help. That is why our government extended the exemption qualification deadline to January 18, 2024. We also announced a full one-year extension of the term loan repayment deadline to the end of 2026.
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Context: House Hansard - 242 - Oct/30/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Oct/30/23 2:43:54 p.m.
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Mr. Speaker, we will continue to be there for small businesses. We extended the deadline for small businesses from last year to this year. Since they asked for more assistance, we are giving them more refinancing flexibility. We are giving them more time to access the loan forgiveness and a one-year extension of the CEBA loan repayment deadline.
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Context: House Hansard - 242 - Oct/30/23
Hon. Rechie Valdez (Minister of Small Business, Lib.)
  • Oct/30/23 2:28:05 p.m.
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Mr. Speaker, our government is listening to small businesses. The first deadline to qualify for forgiveness was the end of 2022. Small businesses asked for our help. That is why our government extended the forgiveness repayment deadline to January 18, 2024. We also announced a full one-year extension of the term loan repayment date until the end of 2026. Our government is always there for small businesses.
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