Repayment Tips for Canada Emergency Business Account - CEBA?
#businesssubsidies #deadlines #bookkeeping #repaymentplans If your business received a business loan under the CEBA government initiative you'll be relieved to hear that the deadline for CEBA repayment, which was Dec. 31 of this year, is now pushed to the same date in 2023, said Mary Ng, minister of international trade. Note that outstanding loans after the new deadline will be converted to two-year term loans with a five percent interest rate, starting on Jan. 1, 2024, with