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 issued during the pandemic. Businesses face a Jan. 18 deadline to pay back up to $60,000 in loans received through the Canada Emergency Business Account (CEBA) program. Businesses that pay back the bulk of the loan before the deadline can see up to $20,000 of the remainder forgiven by the federal government. Loans that are not paid back before the deadline begin to accrue interest. Angela O’Brien, owns a lingerie store in West Kelowna, B.C. She told CBC’s The House that she was able to get the
Hence then, the article about as clock ticks down to ceba deadline business owners plead for understanding from government cbc news was published today ( ) and is available oncanadian news today ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( As clock ticks down to CEBA deadline, business owners plead for understanding from government | CBC News )