CERB repayment extended

The Government of Canada has extended the repayment deadline of December 31, 2022 to December 31, 2023 to receive partial forgiveness.

This means that CEBA loans repaid by December 31, 2023 will receive the one third loan forgiveness, of up to $20,000.

The loan remains interest free during this extension as well.

For more information please see:

https://www.canada.ca/en/department-finance/news/2022/01/government-extends-loan-forgiveness-repayment-deadline-for-the-canada-emergency-business-account.html