Border duty free shops call for complete forgiveness of pandemic loans

By WNews 1 Min Read

Border duty free stores are calling on the federal government to completely forgive loans from a government program they took out during the COVID-19 pandemic, arguing the pandemic disproportionately affected them and that border traffic has not returned to pre-pandemic levels.

At a news conference Thursday morning, Barbara Barrett, the executive director of the Frontier Duty Free Association (FDFA) — which represents 32 land border duty free stores in Canada — called for the government to waive its Canada Emergency Business Account (CEBA) loans to FDFA members. CEBA provided eligible small businesses and not-for-profits with interest-free loans of up to $60,000.

Barrett said the demand is a matter of fairness.

“It

- Advertisement -
Share This Article
By WNews
Follow:
WNews bring the latest news in an objection, balance and honest.
Leave a comment
Reading: Border duty free shops call for complete forgiveness of pandemic loans

(C) 2012 – 2024  | WNews Broadcasting Corp, a W-World Company | All Rights Reserved

Connect
with Us

Report a Error with this Story

Notice a error or facts with this story, please submit the information below and someone from our newsroom will review it and change if required