Business groups sound alarm on fast-approaching CEBA’s loan payback deadline as feds look to soften potential blow

Business groups sound alarm on fast-approaching CEBA’s loan payback deadline as feds look to soften potential blow

The Canada Emergency Business Account delivered more than $49-billion to nearly 900,000 small businesses and non-profits, but Canadian Chamber of Commerce president Perrin Beatty says ‘it would be tragic to have brought these businesses this far, and then to lose them 200 feet from shore.’

Business groups sound alarm on fast-approaching CEBA’s loan payback deadline as feds look to soften potential blow

Deputy Prime Minister and Finance Minister Chrystia Freeland, pictured in December 2023. The deadline for businesses to repay loans and benefit from partial loan forgiveness from the Canada Emergency Business Account is Jan. 18.