Business associations are warning that tens of thousands of local businesses are at risk of collapse if they miss the CEBA loan deadline. While the federal government says it was time to wind down the pandemic program, the CFIB counters taxpayers won’t get their money back if thousands of businesses go bankrupt. Matthew Bingley reports.
- Canada hit technical recession in 2023, small business group forecasts
- Struggling to repay CEBA, some businesses turn to independent loans