As the deadline to repay pandemic loans and receive partial forgiveness approaches, small businesses are still hoping the federal government will reverse course and extend it for another year.
Businesses struggling under yet another round of lockdowns and capacity restrictions will have an extra year to repay emergency interest-free loans issued by the federal government, but business groups say that might not be enough breathing room for the hardest hit.
Prime Minister Justin Trudeau said on Wednesday, January 12, 2022, he needs more information before he can say whether he supports Quebec’s anti-vaccination tax, as Ottawa struggled to make good on its promise to deliver COVID-19 rapid tests.
The 40-strong team of workers at the Canadian Federation of Independent Business that takes calls from the association's members has been hearing a lot about loans.
The sudden halt to sales while bills kept mounting was frightening for chef Rick Matharu in the early days of the pandemic. But with help from an interest-free federal loan, the owner of Rick’s Good Eats fusion diner in Mississauga turned a challenge into a partial win.
Even in a pandemic, seeds germinate, livestock grow — and farmers keep working. That rhythm, vital to Canada’s food supply and rural economies, belies the uncertainty farmers face from bad weather, markets — and now, COVID-19. It’s an uncertainty advocates hope will ease with changes to the Canada Emergency Business Account announced Monday.
Prime Minister Justin Trudeau will visit a gourmet cafe in Quebec today, June 19, 2020, to underline his plea to small business owners to use the federal wage subsidy program to rehire workers.
While Canadian businesses wait for Parliament to approve a $73-billion wage subsidy program, Prime Minister Justin Trudeau is expected to highlight today, April 10, 2020, another measure that will tide some companies over in the meantime.
