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Government grants for business? Buyer beware.

Three cheers for CBC News. In a recent item, our national broadcaster exposed a long-standing "scam"; that is, websites which trumpet government grants for business. What's wrong with that, you ask? For one thing, the sites charge $500 for information which is available for free. For another, there are almost no government grants for the average business startup. As one entrepreneur told the CBC: "Most of the listings are for loan programs. The only grants are for specific sectors like agriculture and the arts."

To see the CBC News expose, click here.
To access financing information online for free, go to www.CanadaBusiness.ca.
To see our latest books on starting a small business, click here.