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“Small business owners face massive debt loads and cost increases, and many feel abandoned by the government and the way it handled the repayment of the CEBA program,” said Corinne Pohlmann, Executive ...

CFIB president Dan Kelly says many businesses that had to borrow to repay their CEBA loans are facing high interest rates and will be challenged to meet their payment obligations.

A troubling new survey reveals that over 200,000 Canadian small businesses had to take on new debt to repay their CEBA loan.

The Canadian Federation of Independent Business says that 200,000 small businesses have taken on new debt to refinance their CEBA loans, but another 50,000 only have until tomorrow to do so or face 5% ...

The Canadian Federation of Independent Business (CFIB) has learned that 200,000 small businesses (or 23%) were forced to take on new debt to refinance their CEBA loans to retain access to the ...

Insolvency hit small businesses hardest. While MacParland says the exact causes are unknown, she predicts that the pullback of government COVID supports, interest rates, inflation, and supply-chain ...

South Korea has prepared financial support measures for small businesses and construction firms hurt by high interest rates, the government said on Wednesday, amid growing worries about domestic ...

The Office of Disaster Recovery and Resilience at the Small Business Administration (SBA) has announced the opening of a Disaster Loan Outreach Center in Fritch to assist those impacted by the ...

Five things to watch for in the Canadian business world in the coming week: Home sales The Canadian Real Estate Association is expected to release February home sales figures on Monday. CREA's figures ...

While a promise to distribute a percentage of carbon tax revenue back to small businesses, farmers and Indigenous people was made nearly a year ago, the money has not been distributed.That’s what the ...

OTTAWA (Reuters) - Canada's gross domestic product in January increased 0. ... and Thursday's data keeps the economy on a path of small growth in the first three months of 2024. The BoC will release ...

KBRA releases its Business Development Company Ratings Compendium, which looks at results for the quarter ended December 31, 2023, and offers a review of perpetual continuously offered non-traded BDCs ...

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