/CNW/ - A staggering 200,000 small businesses (or 23%) were forced to take on new debt to refinance their Canadian Emergency Business Account (CEBA) loans in...
You must log in or register to comment.
!canada@lemmy.caYou are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !canada@lemmy.ca
What’s going on Canada?
Communities
🍁 Meta
🗺️ Provinces / Territories
🏙️ Cities / Regions
- Calgary (AB)
- Edmonton (AB)
- Greater Sudbury (ON)
- Halifax (NS)
- Hamilton (ON)
- Kootenays (BC)
- London (ON)
- Mississauga (ON)
- Montreal (QC)
- Nanaimo (BC)
- Oceanside (BC)
- Ottawa (ON)
- Port Alberni (BC)
- Regina (SK)
- Saskatoon (SK)
- Thunder Bay (ON)
- Toronto (ON)
- Vancouver (BC)
- Vancouver Island (BC)
- Victoria (BC)
- Waterloo (ON)
- Winnipeg (MB)
🏒 Sports
Hockey
- List of All Teams: Post on /c/hockey
- General Community: /c/Hockey
- Calgary Flames
- Edmonton Oilers
- Montréal Canadiens
- Ottawa Senators
- Toronto Maple Leafs
- Vancouver Canucks
- Winnipeg Jets
Football (NFL)
- List of All Teams:
unknown
Football (CFL)
- List of All Teams:
unknown
Baseball
- List of All Teams:
unknown - Toronto Blue Jays
Basketball
- List of All Teams:
unknown - Toronto Raptors
Soccer
- List of All Teams:
unknown - General Community: /c/CanadaSoccer
- Toronto FC
💵 Finance / Shopping
🗣️ Politics
🍁 Social & Culture
Rules
Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:
- 1 user online
- 140 users / day
- 329 users / week
- 680 users / month
- 2.26K users / 6 months
- 1 subscriber
- 5.31K Posts
- 47.8K Comments
- Modlog
- mods:
Yep and the banks won’t lower interest rates. Hmmm…
When has it ever been cool to take out a loan to pay off other debt?
I hope these new loans are at decent rates.
I’m in debt under ceba, Not taking out other debt to pay though which seems dumb because the interest rate is so low (5%) Ama
There was an extra year given on top of forgiving part of the loans, if they didn’t do that, then that sounds like bad planning.