Today’s Top Story
Emergency Commercial Rent Assistance Details Announced
The Government of Canada announced it has reached an agreement in principle with all provinces and territories to provide rent relief for small businesses. The program will see tenants receive a 75% reduction in their rent payments for April, May and June.
The program is for small businesses, non-profits and charities that:
- Pay less than $50,000 per month in rent.
- Have temporarily ceased operations or have experienced at least a 70% drop versus pre-COVID-19 revenues.
The program will provide forgivable loans to qualifying commercial property owners to cover 50% of the eligible rent payments. The loans will be forgiven if the property owner agrees to reduce the eligible small business tenants’ rent by at least 75% and agrees not to evict the tenant.
For Your Attention
PPE Supply For Businesses Needed Before Economic Reopening
This morning we issued the following statement regarding the need for national production of personal protective equipment (PPE) ahead of reopening the economy. Businesses able to provide supplies are also encouraged to contact the Government of Canada.
Step-By-Step Guide: Get Ready For CEWS Payments
The Canada Revenue Agency will be opening the application window for the Canada Emergency Wage Subsidy (CEWS) on April 27, with payments beginning on May 5. To make sure you’re ready to apply and receive payments, please complete these steps today.
Canadian Chamber AGM Going Virtual
COVID-19 has affected all kinds of events and schedules. The latest change for our organization is that we have determined our annual meeting, usually a face-to-face event, will occur virtually for the first time ever this fall. Our member chambers of commerce can expect more details early next week.
How We’re Helping Canadian Business
KPMG Webinar: Navigating Federal & Provincial Programs
There is an impressive array of federal, provincial and territorial government programs that offer subsidies, loans and other measures to meet the urgent needs of businesses during the COVID-19 pandemic. Join professionals from KPMG for a live interactive discussion on April 28 at 2:00 p.m. ET to help you better understand these programs and how they can help your operations.
Canada Life Webinar: Mental Health & Your Workforce
We all juggle work, financial, family and social demands, but unexpected circumstances, like the ones we are experiencing right now, can cause multiple stressors to coincide. Join Mary Ann Baynton, Director of Collaboration and Strategy from Workplace Strategies for Mental Health (compliments of Canada Life), on April 29 at 2:00 p.m. ET, who will discuss building resilience when stressors are high.
A New Member: Canadian Gaming Associaton
The Canadian Gaming Association (CGA) is a national trade association that works to advance the evolution of Canada’s gaming industry. As the newest member of the Canadian Business Resilience Network, the CGA has solidified its commitment to supporting Canadian businesses and is essential in our collective fight against COVID-19.
“On behalf of the CGA and our members, which represent an inclusive and diverse mix of gaming operators, equipment manufacturers and suppliers to Canada’s gaming industry, I am pleased to join forces with the Canadian Business Resilience Network. Our industry is experiencing unprecedented challenges, like many businesses and communities across this country, and the CBRN’s efforts will support the almost 100,000 people who work in gaming across Canada. Coming together to address issues of common cause will be a big help as we try to get the country back to work.”Paul Burns, President and CEO, CGA
If you are a registered, not for profit business representative organization and would like to become a member of the CBRN, please contact us at [email protected].
A #TeamCanada Approach
Export Development Canada (EDC)
Export Development Canada (EDC) is a financial Crown corporation dedicated to helping Canadian companies of all sizes succeed globally. As international risk experts, they equip Canadian companies with the tools they need – the trade knowledge, financing solutions, equity, insurance and connections – to grow their business with confidence. Underlying all their support is a commitment to sustainable and responsible business. To help Canadian businesses facing extreme financial challenges brought on by the global response to COVID-19, the Government of Canada has expanded EDC’s domestic capabilities until December 31, 2021. This broader mandate will enable EDC to expand its support to companies focused domestically.
Collins Clothiers and Couriers Plus
Collins Clothiers has come out with a line of t-shirts and hoodies with the message “Canada Strong” printed on them with 10% going into a fund to help small businesses. Couriers Plus has teamed up with Collins Clothiers to provide free shipping of these products in Southwestern Ontario. Both companies are members of the London Chamber of Commerce.
Home Hardware has essential products and services that Canadians need. Its stores remain open thanks to the incredible work of its dedicated team members. Customers can also shop online for items that will be delivered straight to their store.
In Front Marketing and Top Shelf Media
In Front Marketing and Top Shelf Media have created Aidlocal.ca, a platform for businesses across Canada to connect directly with local customers and let them know what they can offer during this time of adjusted operations. This free service is easy to use. You can search by your location or by an address and you will see a list of nearby companies along with what they have available. Right now, aidlocal.ca is growing daily as businesses become aware of this new way to reach the local community. Companies that would benefit from this platform can submit their business here.
totaliQ Technology Inc.
totaliQ, an IT company based in St. John’s, NL, is providing free access to its portal, safetyiQ. safetyiQ is a free, light version of its totaliQ knowledge-sharing platform and was created to build the world’s largest collection of actionable occupational health and safety expertise and to make that knowledge available to every organization to help them keep their employees safe during and after the COVID-19 pandemic.
If you know of a business that has taken steps to help Canadians through this pandemic, please contact us.