COVID-19 Could Change Canadian SME Financing

small business owner working

COVID-19 could permanently alter how Canadian SMEs (small and medium-sized enterprises) get financing. RBC CEO David McKay stated in an interview with BNN Bloomberg, “It [future COVID-19 business loans] would have to come in a forgivable form, the way it came in did in the [Canada Emergency Business Account], for [businesses] to be interested.” McKay […]

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