My motion calling on the federal government to extend the Canada Emergency Business Account (CEBA) loan repayment deadline passed at City Council this week.
City Council passed my motion this week to support small businesses by endorsing an official request to extend the Canada Emergency Business Account (CEBA) loan repayment deadline.
Many of our local businesses are still struggling to recover from the pandemic, highlighted in a Broadview Danforth BIA survey released last month. Many of the 500 Toronto small businesses surveyed fear they won't be able to repay their CEBA loans by the December 2023 deadline in order to receive the $20,000 in promised debt forgiveness.
This request sends a clear, strong message to the federal government and our local MPs that we expect them to do the right thing and support local businesses with this extension.
We considered luxury home tax rates, priority signalling for LRTs and streetcars, a maximum heat bylaw along with our next five-year climate plan and the Portlands Energy Centre.
Major items included snow clearing, Ontario Line truck safety, blue bin collection, removal of provincial tenant protections, zoning changes to allow for more residential retail and more.
We considered issues such as speed cameras, expanding the Toronto Community Crisis Service to the TTC and more, as well as several of my motions.
