One of the other things that Bill C-8 includes is an extension of the repayment of the Canada emergency business account. The CEBA has provided $49 billion in interest-free partially forgivable loans to nearly 900,000 small businesses affected by the pandemic, many across my riding, and I'm sure all of our ridings right across this country. Bill C-8 would extend the repayment deadline, and offer partial loan forgiveness for those who repay before 2024.
Is there an official who can talk to the impact that this extension will have, and what would occur if we did not extend this repayment deadline?