Small Business

Question period exchange on support for women entrepreneurs and small business. The Conservatives said records obtained through an access-to-information request showed a federally funded loan administrator received far fewer applications than a stated federal target, and asked why the government was not delivering real help to small businesses, citing access to capital, interprovincial trade barriers, and lack of tax relief. The Liberals said the claim was false, saying the women entrepreneurship strategy has helped more than 600,000 women start and grow businesses and generated $7 billion, and pointed to $173.3 million in new funding and $5.6 million to a Kelowna organization providing mentorship, training, and export support.Written by AI from the debate. Updated .

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4 statements

Brad Vis, Mission—Matsqui—Abbotsford

Conservative
“The government spent billions on a loan program for women starting businesses, but it gave out almost no loans. Why does the government care more about making big announcements than actually helping business owners?”
Official Hansard

Mr. Speaker, the women’s entrepreneurship loan fund was supposed to help women entrepreneurs access capital. After a three-year ATIP process, I found that one federally funded administrator received only 27 applications despite a federal target of 1,200, and another issued only 23 loans despite a target of 815. With over $7 billion in the program, Canadians should get better results. Why is the government measuring success by dollars spent and announcements made versus real results for our entrepreneurs who really need the support of the government?

Rechie Valdez, Minister of Women and Gender Equality and Secretary of State (Small Business and Tourism)

Liberal

Linked statement

“That claim is false. Our plan has helped over 600,000 women start and grow their businesses and brought in $7 billion. We also just added another $173.3 million to keep supporting women in business across the country.”
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Official Hansard

Mr. Speaker, since it is Women’s History Month, I want to thank my hon. colleague for the question. What I will say is, that is false. Our women entrepreneurship strategy has helped empower well over 600,000 women entrepreneurs across this amazing country to start, scale and grow their businesses. We have also attracted $7 billion to help women entrepreneurs across this country. This summer alone, I also announced our replenishment of funding toward the women entrepreneurship strategy. That is more money, $173.3 million, to help uplift women across the country. We are going to do everything we can to lift and empower them as well.

Brad Vis, Mission—Matsqui—Abbotsford

Conservative
“Government documents back up what I said. Our productivity is falling behind, business owners struggle to borrow money, trade between provinces is blocked, and small businesses are not getting real tax relief. The government spends money without getting results. I want the minister to stop playing games and actually help small businesses.”
Official Hansard

Mr. Speaker, that is not a fair answer, because I have the documents from the minister’s department, which states what I just said in this House. Canada’s productivity continuing to lag its peers, and access to capital for women entrepreneurs, and all entrepreneurs, remains a top concern. In addition, we still do not have internal trade, key supply chains in western Canada are compromised, and there are no major tax reforms to meaningfully support existing small businesses in Canada, yet the government continues to shovel more money out the door without results or accountability. We can just think of the green slush fund. Will the minister stop the theatrics and actually deliver for our small businesses—

Rechie Valdez, Minister of Women and Gender Equality and Secretary of State (Small Business and Tourism)

Liberal
“Our support for women who run businesses is real. We gave $5.6 million to a group in Kelowna to help women with training and mentorship. Across the country, we are investing $173.3 million to help women start and grow their businesses.”
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Official Hansard

Mr. Speaker, supporting women entrepreneurs is not theatrics. I want to give a big shout-out to WeBC, which is a Kelowna-based organization that has received $5.6 million in helping women entrepreneurs with mentorship, business training, export support and growing their finances. Through our women entrepreneurship strategy, we are supporting women across the country and investing $173.3 million to help women entrepreneurs start, scale and grow their businesses. We are going to do everything we can to support them.

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