👉As Canadian businesses confront the deadline for repaying pandemic loans with partial forgiveness, industry leaders warn of imminent closures for struggling companies. Over 900,000 businesses obtained interest-free loans up to $60,000 during COVID-19, with one-third potentially forgiven by the deadline; otherwise, converted to a three-year loan with 5% annual interest. While Prime Minister Justin Trudeau acknowledges the challenges, business groups like CFIB and Restaurants Canada call for an extension, citing the loans as a potential tipping point for many. Despite options for refinancing and government assurances, concerns persist over the impact on small businesses.✅ . 𝐑𝐞𝐚𝐥 𝐄𝐬𝐭𝐚𝐭𝐞 𝐋𝐚𝐰 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐋𝐚𝐰 𝐂𝐫𝐢𝐦𝐢𝐧𝐚𝐥 𝐋𝐚𝐰 𝐒𝐢𝐦𝐦𝐢 𝐂𝐡𝐚𝐜𝐤𝐨 𝐏𝐫𝐢𝐧𝐜𝐢𝐩𝐚𝐥 𝐋𝐚𝐰𝐲𝐞𝐫, 𝐂𝐡𝐚𝐜𝐤𝐨 𝐋𝐚𝐰 📲+𝟏 𝟒𝟏𝟔-𝟓𝟎𝟗-𝟗𝟓𝟎𝟖 📧𝐬𝐢𝐦𝐦𝐢@𝐜𝐡𝐚𝐜𝐤𝐨𝐥𝐚𝐰.𝐜𝐚 @chackolaw.ca . . #PandemicLoans #BusinessDeadline #FinancialResponsibility #RepaymentDue #BusinessNews #EconomicRecovery #FinancialDeadline #mnm #malayalisnearmeapp #canadaupdate #canadanews