Why does the national government offer no or low interest business loans instead of keeping higher rates?

The Canadian national government makes available no or low interest small business loans as a way to encourage entrepreneurs and existing business owners to start up new small businesses or expand their current companies. This must be done in such a way that provides jobs and increases tax revenue, thereby strengthening the economy.

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You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.