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The Canadian Federation of Independent Businesses reported only half of small Sask. businesses were able to pay back their CEBA loans, but many others continue to struggle.
Ottawa paid out close to $49 billion to nearly 900,000 businesses through CEBA. Now, many businesses are trying to refinance CEBA, and essentially taking a loan on a loan.
Close to 80 percent of Canada's small businesses need extra time to repay emergency pandemic relief loans without ...