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 ...
Hosted on MSN9mon
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 ...
At the federal level, the main programs include: the Canada Emergency Business Account (CEBA), which offers subsidized loans to small businesses the Canada Emergency Wage Subsidy (CEWS) the Canada ...
The Canadian Press on MSN5d
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 ...
Hosted on MSN3mon
EDITORIAL: Time to get our priorities straightThe auditor found that 92% of CEBA-related contracts were sole-sourced to Accenture and worth $313 million. Another $29 million was split between 29 other contractors. According to a report by the ...
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, ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback