Are Canadian national government grants better than loans?

Canadian national government grants are better than loans in some respects. These may include they do not need to be paid back. They are not as good as loans for those who need money quickly, or need guaranteed funds, as grants can be time consuming to apply for, and only one person writes the winning proposal for each grant. If you need money for small business, you must know what you will spend it on, and your long term small business plans in order to apply for a grant. A loan may be quicker to apply for, as there are standardized application forms.

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