Canada is giving small businesses in Canada more time to pay back emergency loans offered during the COVID-19 pandemic, Prime Minister Justin Trudeau announced Thursday. But, what has been offered falls short of business groups' expectations.

Canada is giving small businesses in Canada more time to pay back emergency loans offered during the COVID-19 pandemic, Prime Minister Justin Trudeau announced Thursday. But, what has been offered falls short of business groups’ expectations.

Usachman
link
fedilink
1
edit-2
6M

It’s definitely a relief to see Canada stepping up to support small businesses during these challenging times. Extending the repayment deadline for emergency loans to get $100 instantly is a crucial lifeline for many struggling entrepreneurs. However, it’s understandable that some may feel it falls short of what’s needed. Hopefully, this move will still provide much-needed breathing room for businesses to stabilize and recover.

Create a post

What’s going on Canada?



Communities


🍁 Meta

🗺️ Provinces / Territories

🏙️ Cities / Local Communities

🏒 Sports

Hockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities

💵 Finance / Shopping

🗣️ Politics

🍁 Social and Culture

Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


  • 1 user online
  • 164 users / day
  • 286 users / week
  • 574 users / month
  • 1.99K users / 6 months
  • 1 subscriber
  • 5.74K Posts
  • 51.2K Comments
  • Modlog