CEBA

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.

Businesses struggling under yet another round of lockdowns and capacity restrictions will have an extra year to repay emergency interest-free loans issued by the federal government, but business groups say that might not be enough breathing room for the hardest hit.

Prime Minister Justin Trudeau will visit a gourmet cafe in Quebec today, June 19, 2020, to underline his plea to small business owners to use the federal wage subsidy program to rehire workers.