Prime Minister Harper announces more money for small business
ST. CATHARINES, Ont. – Prime Minister Stephen Harper says the federal government plans to make it a little easier for small business to access certain financing.
Most companies with gross annual revenue of $10 million or less — up from $5 million — will now be eligible under the Canada Small Business Financing Program.
They can borrow up to $500,000 each.
The changes will allow more small businesses to borrow money to buy or improve land or buildings.
Harper made the announcement today in St. Catharines, Ont.
He said the program, which aims to help new businesses get started and existing ones to grow, will help create jobs.
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4 responses
Is this a joke? small business? seriously?
5 MILLION – up to-10 MILLION or less ISN’T “SMALL BUSINESS” in My minds eye…
So, let me get this straight, you have to have sales between 5 to 10 million for this to help you in any way lololololol@Harper.
Harper thinks a business with a gross annual revenue of 5 million is SMALL?Is he mad? lol