TORONTO – The Canadian Federation of Independent Business says in a survey of its members, 78 per cent of them reported that taking extra time to repay their Canada Emergency Business Account loans will increase the likelihood of their survival.
The federation says 49 per cent of small businesses are still making below-normal revenues, with those in hospitality, arts and recreation, retail and social services hitting the hardest.
CFIB president Dan Kelly says high interest rates, inflation and labor costs are making it difficult for small businesses to keep their heads above water, let alone make any dent in the




