Is it easer to find a government business loan or grant in Canada?
Generally, a small business loan is more likely to be found in Canada than may a grant because loans are more numerous due to their reciprocal nature. Unlike a Canadian government small business grant, which does not need to be paid back, a loan provides money in the area that must be paid back according to the programโs conditions. These may include businesses that will bring jobs (and resulting tax revenue) into Canadaโs economy rather than national loan programs that have a much larger picture to consider.
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