Are government grants or loans better in Canada?

Neither business grants or loans are necessarily the better choice for those seeking funds in Canada. Each has their own merits. Grants are beneficial as they do not require repayment. However, they can be more specific in their intended uses, and more time consuming to apply for. Loans are generally more favourable from the government than from the bank. However, some still have interest. Always note the eligibility requirements for any programs you are considering.

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