Borrowing, repayments and bankruptcies by industry: Results from the Canada Emergency Business Account program

Articles and reports: 13-605-X202500100001

Description: The Canada Emergency Business Account (CEBA) program was introduced during the early stages of the COVID-19 pandemic to support small and medium-sized businesses facing economic uncertainty.

This article examines the CEBA program in detail, focusing on the breakdown by industry, repayment trends and bankruptcies. The analysis is primarily backed by loan-level microdata from Export Development Canada, bankruptcy microdata from the Office of the Superintendent of Bankruptcy and Statistics Canada’s Business Register.

Issue Number: 2025001

Author(s): Clarke, Sean; Hui, Jasper; Krochmalnek, Dave

Main Product: Latest Developments in the Canadian Economic Accounts

Format	Release date	More information
HTML	February 18, 2025
PDF	February 18, 2025

Related information

Source (Surveys and statistical programs)

Data

Tables: Federal government COVID-19 support measures in the System of Macroeconomic Accounts, quarterly

Analysis

Articles and reports: An analysis of Canadian business support programs in response to the global COVID-19 pandemic
Articles and reports: Measuring the Correlation Between COVID-19 Restrictions and Economic Activity

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Date modified:: 2026-01-23

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