News
Less than 1 min.read

Canada Emergency Business Account extended until end of 2023

My North Now Newsroom
By My North Now Newsroom

Ottawa is extending the Canada Emergency Business Account (CEBA)’s repayment deadline to the end of next year.

Minister of Small Business, Export Promotion and International Trade of Canada, Mary Ng says the move comes in recognition of the challenges businesses are facing with renewed lockdowns.

“We are extending the repayment deadline for the Canada Emergency Business Account loans, otherwise called CEBA, and also for the CEBA equivalent lending that is provided through the regional Relief and Recovery Fund,” Ng says.

Ng says eligible borrowers will now have until December 31st of 2023 to repay their loan.

She says Ottawa has heard from businesses that they’re looking for this flexibility which should be there with the extension.

My North Now Newsroom
My North Now Newsroom

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Water testing at another Yellowknife school confirms elevated lead and copper

Northwest Territories
Testing at another school site in the city of Yellowknife showed elevated levels of lead and copper in water present in some of its drinking taps. Earlier this month, testing showed four other school buildings in Yellowknife and a school in Behchokǫ̀ had elevated levels of both copper and lead in water. Since comprehensive testing of schools across the territory began this fall, 28 school sites out of 34 announced to date have tested positive for elevated levels of lead.

Testing at more NWT buildings confirms lead in water

Northwest Territories
Fort Smith officials said water testing at municipal buildings has confirmed the presence of lead. According to the announcement, water samples at the Town Hall, the Fire Hall, and the Municipal Services Building continue to show elevated levels of lead.

City wants public input on plans to expand raw water supply in Yellowknife

City of Yellowknife
City officials are looking for the public’s input on a project that aims to expand Yellowknife’s raw water supply. According to the message from city officials, the project will “modernize and expand” the water system. By expanding the system, city officials also want to expand the reliability of the long term water supply. With water infrastructure aging, an adequate water supply will be critical as the city grows.

GNWT closes Mackenzie Valley Winter Road for season

Northwest Territories
GNWT's Infrastructure department says the Mackenzie Valley Winter Road is closed for the winter season. The Wekweètì and Gamètì winter roads remain restricted to night travel only between 10 pm to 10 am. A representative with GNWT’s department of Infrastructure said access to winter roads and sections are limited to timed travel to preserve their longevity at the end of the winter road season.

Ecology North to hold Earth Week celebration

Community
Ecology North is inviting the public to come and welcome spring this Earth Week, with events running from April 20 to 26.