business owner struggling with CEBA loan debt

Can You Dissolve a Corporation if a CEBA Loan Is Still Owed? A Practical Guide for Canadian Owners

If your corporation still owes a CEBA loan and has no assets or activity, you may be wondering whether you can legally dissolve the company. This practical guide explains exactly what Canadian business owners can do when a CEBA loan is still on the books, the steps required to wind down a corporation, and how to protect yourself from director liability during the process.

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