Nearly five years after Ontario went into lockdown to reduce the spread of COVID-19, small businesses are still struggling to pay back their Canada Emergency Business Account (CEBA) loans.
Under the CEBA, businesses could borrow up to $60,000 interest-free and were offered partial loan forgiveness if they repaid before Jan. 18, 2024. Any loans not paid off by that deadline are due ...
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Massive $3.5bn error revealed in Trudeau’s Covid relief scheme for Canadian businessesAlso read: Canada`s Trudeau holds emergency meeting as Trump threatens to hit Canadian goods with 25% tariff “CEBA represented a significant expenditure of public funds to support small Canadian ...
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Canadian businesses missing payments as debt burden growsWhen the Canada Emergency Business Account (CEBA) loans came due in January, “we really saw a transition of small businesses going from those loans to instalment loans," Jeff Brown, Equifax ...
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Liberals turn to transition plans after Mark Carney wins leadershipOTTAWA - Liberal MPs are gathering on Parliament Hill this afternoon to huddle after the party chose former Bank of Canada ...
The Center for Economic and Business Analytics (CEBA) focuses on interdisciplinary data analysis and serves as a nexus for research, industry partnerships, education, and community outreach. CEBA ...
Nearly five years after Ontario went into lockdown to reduce the spread of COVID-19, small businesses are still struggling to pay back their Canada Emergency Business Account (CEBA) loans. Cathy Reid, ...
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