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Questions on the Order Paper  Mr. Speaker, with regard to (a), the program was announced in Budget 2021 (April 19, 2021) with ambitious targets to support all small and medium sized businesses across Canada looking to adopt digital technologies. Although uptake was slower to ramp up in the first year, the Can

April 15th, 2024House debate

Bryan MayLiberal

Small Business  Madam Speaker, the CEBA program supported over 900,000 small businesses through the pandemic, and we estimate that 80% of them have repaid their loans so far. As we move away from the pandemic, we are taking serious, concrete action to support small businesses, both by providing

March 22nd, 2024House debate

Bryan MayLiberal

Small Business  Madam Speaker, as we move forward from the pandemic, small businesses have nearly three years, until the end of 2026, to repay their CEBA loans, and they have access to interest rates as low as 5%. Meanwhile we are investing in communities in order to strengthen our economy. Ea

March 22nd, 2024House debate

Bryan MayLiberal

Small Business  Madam Speaker, the CEBA program provided unprecedented support to nearly 900,000 small businesses and helped keep their doors open and their lights on. Last year, our government extended the forgiveness qualification deadline by one year, to the end of this year. We know that tim

December 15th, 2023House debate

Bryan MayLiberal

Small Business  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 a

December 15th, 2023House debate

Bryan MayLiberal

Small Business  Madam Speaker, I am happy to respond to comments made earlier by the hon. member for Mission—Matsqui—Fraser Canyon regarding support for small businesses and restaurants. The government understands the important role that small businesses and restaurants play in communities from

December 6th, 2023House debate

Bryan MayLiberal

Small Business  Madam Speaker, I am not surprised that the member opposite does not want to talk about the supports we provided to small businesses, because, frankly, I wonder whether they would have done so if they had been in power. We know that inflation is a global phenomenon that is a ling

December 6th, 2023House debate

Bryan MayLiberal

Small Business  Madam Speaker, the government has heard loud and clear that small businesses needed additional flexibility and options in these difficult times and we are taking action. This includes an extension of the CEBA loan repayment deadline, more flexibility on refinancing and more time

November 8th, 2023House debate

Bryan MayLiberal

Small Business  Madam Speaker, I am happy to respond to the comments made by the hon. member for Kitchener Centre regarding supports for small businesses and the Canada emergency business account payment deadline and loan forgiveness. Since the beginning of the COVID–19 pandemic, the government

November 8th, 2023House debate

Bryan MayLiberal

Small Business  Mr. Speaker, the bottom line is that we have been listening to business owners across the country. If someone is a small business owner and does not currently have the funds to repay their CEBA loan, they now have three years to repay it in full. The additional flexibility that w

October 27th, 2023House debate

Bryan MayLiberal

Small Business  Mr. Speaker, I would like to thank the member opposite for her continuous advocacy for small businesses across Canada. The CEBA program provided unprecedented support to nearly 900,000 small businesses to help them keep their doors open and keep the lights on. Last year, our gov

October 27th, 2023House debate

Bryan MayLiberal

Small Business  Mr. Speaker, we understand the struggles that many small business owners had during the pandemic and that many continue to face. That is why we have offered additional flexibilities for small businesses to repay their CEBA loans. They include a full one-year extension on the term

October 19th, 2023House debate

Bryan MayLiberal

Small Business Week  Mr. Speaker, this week, we celebrate the 44th annual Small Business Week. Small business owners are the backbone of Canada's economy and the heart of our communities, and every October we celebrate their resilience and entrepreneurial spirit. Over the last few years, the challe

October 18th, 2023House debate

Bryan MayLiberal

Small Business  Mr. Speaker, the CEBA program provided unprecedented support to nearly 900,000 small businesses, totalling over $49 billion of financial support. Last year, the government extended the forgiveness qualification deadline by one year to the end of this year. We travelled this count

September 25th, 2023House debate

Bryan MayLiberal

Small Business  Madam Speaker, the government will continue to support small businesses and entrepreneurs across the country. We have heard loud and clear that small businesses needed additional flexibility and options in these difficult times, and we are taking action to have their backs. Throu

September 20th, 2023House debate

Bryan MayLiberal