The $49-billion in emergency loans that the federal government lent to nearly 900,000 businesses in the early weeks of the COVID-19 pandemic are finally coming due, almost four years later. The first ...

Ottawa should forgive a greater portion of pandemic loans because businesses owned by women and marginalized groups are more likely to struggle to repay the loans, a coalition of business groups says.

OTTAWA, ON, Dec. 2, 2024 /CNW/ - In response to the onset of the COVID-19 pandemic, on March 27, 2020, the Government of Canada announced the creation of the Canada Emergency Business Account (CEBA) ...

Tej Sandhu believes he’s one of the lucky ones who has the capability to pay off a loan he had to take from the federal government almost four years ago to navigate his Hamilton, Ont., restaurant and ...

"Meta's latest commitment — bringing 6.6 GW of reliable and advanced nuclear power to the grid — is one of the largest corporate purchases of clean energy in history and demonstrates the critical role ...

OTTAWA — As the deadline to repay pandemic loans and receive partial forgiveness approaches, small businesses are still hoping the federal government will reverse course and extend it for another year ...

GTCR, a leading private equity firm, today announced that it has entered into a partnership with Charles A. Nicolais to form Ceba-Tech Specialty Solutions, Inc. (“Ceba-Tech”). The new company, ...

The federal government has officially expanded the Canada Emergency Business Account (CEBA). Starting today, eligible small businesses can access up to $20,000 in loan funding on top of the $40,000 ...

The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Karen Mersereau, ...

Some small business owners in Canada are asking for the federal government to reckon with the challenges they face as they confront a looming deadline to repay a portion of emergency government loans ...