to qualify for some loan forgiveness for Canada Emergency Business Account loans by a full year to Dec. 31, 2023.
“We’re still trying to navigate that. I think we’ll try and come up with a half answer of, ‘Okay, maybe we do [limited withdrawals],’” Mr. Coleman says. “We’re going to make a less than an optimal financial decision to give [the client] financial peace of mind in the short term – but we’re not going to make a bigger financial mistake just to make [him] comfortable.”
Ms. Porter works with dentists who invested a lot of money – some of it borrowed – to improve ventilation, install Plexiglas and introduce other safety measures before reopening after the first pandemic lockdown. For established practices, this was generally manageable. “There are processes and systems that had to change, and [they] had to navigate the health risk for employees [with rules that] changed very frequently,” she says.