Loan repayments could lead to closures of 8,000 small Saskatchewan businesses
“Those small businesses that fought three hard years just to survive the pandemic are still facing significant challenges on their road to recovery,” said Solberg, whose organization has 4,000 business members.Solberg conducted a survey with the CFIB which concluded that 19 per cent of all small businesses could close in Saskatchewan.The loan repayment date was already extended by the federal government once, but Solberg said it’s necessary for the federal government to extend it further.
“The message is loud and clear from small businesses that they need more time and obviously they appreciate the deadline has been extended once…
