👉 In a welcome development for small businesses across Canada, the federal government has granted a one-year extension for the repayment of pandemic loans under the Canada Emergency Business Account (CEBA). This decision, advocated by the Association of Canadian Travel Agencies (ACTA), has been met with enthusiasm by Wendy Paradis, ACTA President, who noted the crucial support it offers to businesses striving to recover from the pandemic's impact. A recent survey by ACTA revealed that a significant percentage of travel businesses owe substantial amounts from these loans. The extension alleviates some of the financial burden, as businesses now have more time to repay. ACTA had launched a letter-writing campaign in support of this extension, which Prime Minister Justin Trudeau officially announced, easing concerns among struggling businesses nationwide. .✅ . . #CEBAExtension #SmallBusinessSupport #ACTAAdvocacy #PandemicRecovery #BusinessResilience #FinancialRelief #TrudeauGovernment #mnm #malayalisnearmeapp #canadaupdate #canadanews