The $49-billion in emergency loans that the federal government lent to nearly 900,000 businesses in the early weeks of the COVID-19 pandemic are finally coming due, almost four years later. The first ...
OTTAWA, ON, Dec. 2, 2024 /CNW/ - In response to the onset of the COVID-19 pandemic, on March 27, 2020, the Government of Canada announced the creation of the Canada Emergency Business Account (CEBA) ...
The deadline for Canadian businesses to qualify for partial forgiveness of pandemic-era loans has arrived, as business groups warn struggling firms need more time to repay their debt. Hundreds of ...
Tej Sandhu believes he’s one of the lucky ones who has the capability to pay off a loan he had to take from the federal government almost four years ago to navigate his Hamilton, Ont., restaurant and ...
Some small business owners in Canada are asking for the federal government to reckon with the challenges they face as they confront a looming deadline to repay a portion of emergency government loans ...
OTTAWA — 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 ...
Concerns raised by some small businesses about a pandemic-era loan that’s due in a month may not be the “full-blown crisis it’s been presented by many to be,” says the Canadian Chamber of Commerce, ...
Thursday will mark the deadline for Canadian businesses to repay pandemic loans and receive partial forgiveness, a move that business groupssay will spell closure for thousands of struggling companies ...
SHENANDOAH — Wagman’s Construction crews have been on the job at the incubation/innovation Center for Education, Business and Arts in the 100 block of North Main Street since the launch of ...