The Canada Emergency Business Account (CEBA) has been a critical financial support program for Canadian businesses during the COVID-19 pandemic. It has provided interest-free loans to eligible businesses, helping them navigate the economic challenges of these unprecedented times. One of the key features of CEBA has been the potential for loan forgiveness, where businesses could have a portion of the loan converted into a grant. In this blog, we will explore the updated information regarding CEBA loan repayment extension into 2023 and what businesses need to know about this development.…
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