Madam Speaker, we are offering additional flexibilities for small businesses to repay their CEBA loans. This includes a full one-year extension on the term loan repayment deadline, more flexibility on refinancing and more time to access the loan forgiveness, which is a balanced and fiscally responsible approach.
We know that times are tough, which is why our government will also be cutting taxes for growing small businesses and lowering their credit card fees by up to a quarter.