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Save Canadian Small Business

Save Canadian Small Business

Closed — 98 supporters Verified

Final supporters

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Tiffany A.
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Kathy T.
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Penny R.
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Sandra H.
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Lynn B.
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Mia A.
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Markus R.
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Kate
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Joe H.
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Someone
+88 more
CB
Started by Cory Broersma 6 years, 4 months ago

We ask that the Federal Liberal party

1. Ask Canadian Banks to defer and extend the amortization of commercial loans of companies that are required to shut down because of coronavirus

2. Invest directly into the Canadian Business with a simple direct payment depending on how many employees they employ, so they can pay their rent and utilities. We ask it be a simple fast payment without all the complications and bureaucracy that using the CRA or EI will produce.

3. We ask that the commercial mortgages for rental properties be deferred and the amortization be extended, so landlords can keep their current renters and not have to be in the uncomfortable position of deciding whether to evict or not.

4. We ask that BDC provide 0% interest loans over 10-15 year amortization, so that our some of our highly leveraged companies such as the restaurant industry can afford to take on more debt to save their business and employees careers.

5. We ask that the Federal Government allows CSBL loans to be deferred and amortization be reset. We ask that the Government subsidize the interest on they loans.

Small business owners know they are the powerful tax base that runs the Canadian economy. We feel that Public employees have been well taken care of in this pandemic but the private sector has been overlooked. We ask that the Federal Government move quickly so that Canada has a functioning economy after this quarantine. If not we feel Canada will be susceptible to not only a recession but also possibly a depression.

Updates

March 24, 2020

The stories shared by small business owners in the comments section highlight the urgent need for a more direct response from the federal government. We are in contact with several policy analysts to ensure our specific proposals regarding loan deferrals and rent relief reach the right desks.

March 24, 2020

The momentum behind this petition highlights the urgent need for direct support for our business community. It is clear that many Canadians recognize the critical role our private sector plays in the stability of the national economy.

19 Comments

S
Sandra Hay
6 years ago Featured

As a self employed small business owner in Canada I definitely feel very overlooked during this health crisis.

J
Jon-David Dowdell
6 years ago Featured

The only way to shorten the economic impact is for super government stimulus for all businesses affected. Canada needs to be aggressive and move asap on this.

D
Dallas Markall
6 years ago Featured

I have been trying to access CRA BDC with no success. The CRA number has discontent on me 24 times in two days. The BDC number does the same.

C
Camille Overmeer
6 years ago Featured

We need help with paying our bills like property tax on our building, highway signs. Website development.

F
Frank Btoerdms
6 years ago Featured

Small business is the driving force of the nation. Without it there would be no money for public works and frontline workers

H
Heather Dickson
6 years ago Featured

Been a thriving mom and pop op for over 35 years, and are not sure we'll make it out of 2020 intact. Tax cuts and deferrals are great, but that won't help open our doors once they close on Mar 24.

P
Penny Radford
6 years ago

Please keep our local small businesses...our pride...above financial waters

L
Lynn Barber
6 years ago

The very heart of every community!

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