Taking CEBA loan was a "big mistake": N.S. business owner

A small business owner in Nova Scotia says she wishes that she hadn't receive a CEBA loan during the pandemic and that her business should have "died" years ago. Thursday marked the deadline to repay Canada Emergency Bank Account (CEBA) loans or apply for refinancing and qualify for partial forgiveness. It comes after repeated efforts from small businesses and their lobby groups to see the federal government offer a further extension failed. The loan was introduced during the pandemic to help smaller Canadian employers weather the financial storm caused by COVID-19 lockdowns, 898,271 businesses received $49.2 billion from the federal government in CEBA loans. #shorts Subscribe to CTV News to watch more videos: https://www.youtube.com/ctvnews Connect with CTV News: For live updates and latest headlines visit: http://www.ctvnews.ca/ For breaking news, fast, download the CTV News App: https://www.ctvnews.ca/app Must-watch stories and full programs at http://www.ctvnews.ca/video CTV News on TikTok: https://www.tiktok.com/discover/CTV-News CTV News on X (formerly Twitter): https://twitter.com/CTVNews CTV News on Reddit: https://www.reddit.com/user/CTVNEWS CTV News on LinkedIn: https://ca.linkedin.com/company/ctv-news --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.