Petition to the Government of Canada
- Many small businesses have yet to fully recover from the financial impact of the pandemic, and have faced the added pressures of inflation and a tight labour market;
- Small businesses, Chambers of commerce and business advocates across Canada have called on the federal government to extend by a full year the repayment terms of the Canada Emergency Business Account (CEBA) and Regional Relief and Recovery Fund (RRRF) programs, including the deadline for accessing partial loan forgiveness; and
- By extending access to partial loan forgiveness under CEBA/RRRF by only three weeks, the federal government has failed to sufficiently addressed the challenges small businesses are facing.
We, the undersigned, residents of Canada, call upon the Government of Canada to extend the deadline to qualify for partial loan forgiveness under the CEBA and RRRF until at least December 31, 2024.
Read more: e-4624 (Business and trade)