How Can Small Businesses Get Better Access to Loans and Investment?

Official title: Examine and report on access to credit and capital markets for small - and medium-sized enterprises as the basis for growth and improved productivity in the Canadian economy

open Policy & Studies Economy & Jobs Finance & Consumer
The Senate is studying why small and medium-sized businesses struggle to get loans and investment capital. They're hearing from banks, credit unions, business groups, and government agencies. The goal? Figure out what's blocking growth and productivity for Canadian businesses.

Why This Matters

Own a small business or thinking of starting one? This study could shape how easy it is to get a loan. Work for a local company? Their ability to grow and hire depends on access to capital. Even if you're just a customer, thriving small businesses mean more choice and competition in your community.

What Could Change

The Senate committee will produce a report with recommendations. These could push for changes to lending rules, new programs at the Business Development Bank, or reforms to how credit unions and banks serve small businesses. Parliament may act on the recommendations.

Key Issues

  • What barriers prevent small businesses from accessing credit and capital?
  • How can access to financing improve business growth and productivity?
  • What role should government programs like BDC play in supporting small business lending?

How to Participate

  1. Watch past committee meetings on SenParlVu to understand the discussion so far.
  2. Submit a written brief to the committee by emailing banc@sen.parl.gc.ca or mailing to the committee address.

Events

Date Event Location
December 11, 2025 10:33 AM ET Committee Meeting - Bill C-15 Study — Register →

Key Documents