Posted: Mar 02, 2021 6:10 PM ET | Last Updated: March 3
A Toronto restaurant tells its customers it s shut down temporarily early in the pandemic.(Evan Mitsui/CBC)
Five months after the Liberal government announced more support for cash-strapped small businesses in the form of government-backed loans, tens of thousands of business owners still haven t been able to access that help, says one prominent business group.
The situation is causing stress and anxiety for people like Angela O Brien, owner of Esteem Lingerie in West Kelowna, B.C. She applied for an additional $20,000 interest-free loan under the Canada Emergency Business Account program.
O Brien said that when she applied for the original $40,000 CEBA loan last year, the process was seamless and the money was in her account days later.
Thousands of businesses still waiting on loans months after government promised to help, says business group
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