Executive Director Signs Request to Extend CEBA Repayment Deadline
Executive Director Signs Request to Extend CEBA Repayment Deadline
In an effort to alleviate the financial burden faced by small businesses across Canada, our esteemed executive director recently took a significant step forward. They signed a letter addressed to the Deputy Prime Minister, from the Canadian Chamber Network, advocating for an extension in the repayment deadline for Canada Emergency Business Account (CEBA) loans. This initiative aims to secure an additional year or two for small businesses to fulfill their loan obligations. The letter, drafted after consulting with various national business associations, highlights the pressing need for government support during these challenging times.
This collaborative approach ensured that the concerns and perspectives of small businesses across Canada were effectively conveyed. By joining forces, these associations amplify their voice, urging the government to extend the CEBA repayment deadline and provide small businesses with much-needed breathing room.
The decision of our executive director to sign the letter requesting an extension in the repayment deadline for CEBA loans demonstrates their unwavering dedication to supporting small businesses across Canada. By working in tandem with various national business associations, they amplify the collective voice of small businesses, underscoring the urgent need for government assistance during these challenging times.
An extension in the repayment deadline will provide a much-needed respite to small businesses, allowing them to focus on recovery and growth without the immediate financial burden. As we move forward on the path to economic recovery, it is crucial for the government to recognize and support the indispensable role that small businesses play in driving Canada's prosperity.
