grant programsEven among entrepreneurs who want to apply for these loans, some are not eligible. Like many tattoo studios that rent booths or earn a percentage of a tattooist’s work, Grim City Tattoo Club in Hamilton pays its employees as subcontractors and doesn’t issue T4 tax slips.
“I feel handcuffed simply because we’re not a limited company,” said Peter Ranells of Artimport, a wholesaler and importer of toys and gifts that he runs with his wife, Jane, in Oakville, Ont. “So many businesses like ourselves are being unfairly jeopardized because we can’t apply, even though we’re in a similar financial mess to everybody else.
Of 70,000 applications processed through Toronto-Dominion Bank, about 50,000 met the government’s eligibility criteria, spokesperson Paolo Pasquini said. “We do recognize that this is a really important time and our clients need us to be there," she said. “It’s just really trying to be as attuned as we can be to the needs of Canadians to see if there’s more that we can reasonably do."
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.
GlobeSmallBiz Does she know she cant remove those.
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