CEBA
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Ottawa’s pandemic small business loan program lacked checks and balances: AGAuditor general Karen Hogan says the Canada Emergency Business Account program wasn’t managed with 'due regard for value for money.'MoneyDec 2, 2024
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Hamilton employers pivot so they can repay CEBA loans in fullTwo Hamilton, Ont., outlets that recently paid back federal government pandemic support say they now have to make a few business model changes to cope with tight margins.Jan 19, 2024
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‘Pretty scary day’: Pandemic loan repayment deadline hits B.C. businessesNearly 123,000 B.C. businesses access the Canada Emergency Business Account while lockdowns impacted their bottom line, adding up to more than $6.6 billion in borrowed cash.EconomyJan 18, 2024
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‘Might not recover’: The struggle businesses are having to pay back pandemic loansAs the deadline for pandemic loan repayments arrive, some small businesses owners in Atlantic Canada said they've struggled to access enough funds to pay back the full amount.EconomyJan 18, 2024
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‘We’ve seen some close their doors already’: CFIB on CEBA payment deadlineAs of December 2023, only 40 per cent of CFIB members reported having paid back their loans, and 'an alarming 17 per cent were quite certain' they wouldn't meet deadline.EconomyJan 18, 2024
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Thousands of Saskatchewan businesses still have unpaid CEBA loans on deadline dayAccording to the CFIB, thousands of businesses in Saskatchewan still haven't paid back their CEBA loans.EconomyJan 18, 2024
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The CEBA deadline is here: What that means for small business loansThe deadline for small businesses to repay their CEBA debt and get up to $20,000 of their loans forgiven has arrived. Here's what to know.MoneyJan 18, 2024
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Struggling to repay CEBA, some businesses turn to independent loansOttawa 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.CanadaJan 15, 2024
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Winnipeg small business owner faces uncertain future as CEBA repayment deadline loomsWinnipeg small business owner Barbara Best is now facing an uncertain future as she struggles to repay the Canadian Emergency Business Account Loan (CEBA).EconomyJan 13, 2024
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Alberta Chambers of Commerce warns many businesses will struggle to pay back CEBA loans by deadlineThe organization said the survey involved 500 businesses in the province.MoneyJan 12, 2024
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