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 issued during the pandemic.
Businesses face a Jan. 18 deadline to pay back up to $60,000 in loans received through the Canada Emergency Business Account (CEBA) program. Businesses that pay back the bulk of the loan before the deadline can see up to $20,000 of the remainder forgiven by the federal government.
Loans that are not paid back before the deadline begin to accrue interest.
Angela O’Brien, owns a lingerie store in West Kelowna, B.C. She told
