SoVote

Decentralized Democracy

Hon. Arif Virani

  • Member of Parliament
  • Minister of Justice Attorney General of Canada
  • Liberal
  • Parkdale—High Park
  • Ontario
  • Voting Attendance: 64%
  • Expenses Last Quarter: $120,537.19

  • Government Page
  • Jun/9/23 11:56:15 a.m.
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Mr. Speaker, what needs to be pointed out with respect to the question asked by the member opposite is that SMEs could apply for a maximum of $60,000. Repayment of two-thirds of the loan by the deadline results in loan forgiveness of one-third. We are always here to listen to SMEs' concerns. That is why, as I mentioned, we have just cut credit card transaction fees for SMEs here in Canada.
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  • Jun/9/23 11:54:54 a.m.
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Mr. Speaker, I appreciate the question from the Bloc Québécois member because it underscores the importance of small businesses here in Canada. We have always been there to help and support SMEs. We lowered taxes from 11% to 9%. The opposition voted against that measure. We were there to provide support during the pandemic with the loans the member across the way mentioned. What we just did with the budget is lower credit card transaction fees for SMEs. Again, the opposition voted against that.
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