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MISSISSAUGA, Ontario, April 29, 2024 (GLOBE NEWSWIRE) -- We are thrilled to announce the finalists for the highly anticipated 2023 CanadianSME Small Business Awards. In collaboration with Google Canada, this year's
Business community ‘disappointed’ in Ottawa’s handling of the COVID-era program, which has sent some owners in search of financing options
Some businesses in Canada who took out a CEBA loan may be hoping in vain for a last-minute reprieve and one more chance at free money from the federal government, but others involved say it's time to move past trying to shift the deadlines for repayment.
The January 18 deadline to repay CEBA loans threatens the viability of some businesses and it’s “going to strangle loads of” them said CFIB president Dan Kelly.
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.