Report on Small Business Newsletter: Small businesses tap $5-billion in loans, but some owners say they don’t qualify

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Report on Small Business Newsletter: Small businesses tap $5-billion in loans, but some owners say they don’t qualify GlobeSmallBiz

Small businesses tap $5-billion in loans, but some owners say they don’t qualify due to payroll rules

Sole proprietors and other self-employed entrepreneurs are joining the growing list of Canadians who feel left behind by Ottawa’s COVID-19 relief programs, worried that taking on even the smallest sale or project will prevent them from accessing benefits.The organization representing Canada’s largest corporations is urging the country’s first ministers to take a co-ordinated and cautious approach to reopening the economy and lifting stay-at-home orders to combat the coronavirus.

 

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GlobeSmallBiz What it means to be an honest small business needs to be redefined. With physical representations, store fronts and with online reprsentations and with physical shared representations such as market stalls. Also there is the local busker stalls who are also part, not less than.

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Some small-business owners say restrictions on Ottawa’s emergency-loan program have left them out in the coldMany small and medium-sized businesses already feel left behind because the federal government’s key programs for entrepreneurs are focused on loans that add to a company’s debt, including the CEBA GlobeSmallBiz Does she know she cant remove those. GlobeSmallBiz In 40 years her skin will be like crumpled up newspaper that's been left out in the rain. The young rarely think of the future.
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