Small business performance held back by financial, operational challenges

Small business growth outpaced pandemic-era rates in 2023 but remains underwhelming due to operational challenges and an unforgiving financing landscape. According to the latest Small Business Credit Survey from the Federal Reserve, small business performance in 2023 vastly improved over the three previous years but remained well behind pre-pandemic norms.…

CEBA loan refinancing confusion threatens economic recovery

March 28 deadline for refinancing means a window still exists to benefit from Ottawa's loan forgiveness program As the March 28 deadline for refinancing Canada Emergency Business Account (CEBA) loans approaches, the economic challenges faced by small businesses in Canada remain. The aftermath of the January 18, 2024, deadline to…