Today’s Top Story
Government Announces Details Of The Regional Relief And Recovery Fund
Today the government announced the details of the nearly $1 billion in funding being provided to the Regional Development Agencies ($675 million) and the national network of Community Futures Development Corporations ($287 million). SMEs may now apply for support through their local Regional Development Agency. More information.
For Your Attention
Regional Relief And Recovery Fund Will Help SMEs That Fall Into COVID-19 Support Cracks: Canadian Chamber
Regional economic development agencies know their business communities well. We believe putting funds and the control over them into their hands to ensure solutions for businesses by businesses and for communities by communities will provide a much-needed boost to SME business resiliency. Read more.
Medicine Hat And District Chamber Of Commerce Business Guides
The Medicine Hat and District Chamber of Commerce has produced two guides that may be useful for businesses in Alberta, geared towards both managing operations during COVID-19 and businesses that are now looking to relaunch.
Canada Emergency Student Benefit (CESB) To Begin Friday
Today the government announced the CESB will be available beginning Friday, May 15. Any students intending to apply are encouraged to sign up for a ‘CRA My Account’ and direct deposit now in order to be ready to apply on Friday.
How We’re Helping Canadian Business
Webinar Recording Now Available: How To Navigate Government Programs With KPMG
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. Professionals from KPMG joined us for a live interactive discussion to help businesses better understand these programs and how they can help their operations. If you were unable to attend, the session was recorded. Watch the recording.
A #TeamCanada Approach
Bassett & Walker International Inc.
Bassett & Walker International Inc. (BWI) has partnered with TradeCafe Inc. to raise and provide $50,000 to Food Banks of Canada to feed vulnerable families due to the COVID-19 crisis.
As part of its overriding purpose to finance and fulfill global food commodity transactions efficiently, BWI has chosen TradeCafe Inc. as its trade transaction platform, which provides a transparent source of liquidity and navigates the complexities inherent with the global trade of physical commodities.
BWI and TradeCafe Inc. hope to help feed those most in need in their communities and be part of a solution to the complex issues of poverty and malnourishment as they strive to provide a solution to global food supply chain disruptions on a daily basis. More information.
Sidewalk Labs And Amazon
Prem Ramaswami of Alphabet’s Sidewalk Labs brought together friends from multiple tech giants to create COVID Near You, a free-to-use coronavirus tracker. Access the tracker.
Molson Coors Beverage Company
In celebration of Nursing Week, Molson Coors in Canada is giving thanks to those working so courageously in front-line healthcare. Molson Coors is donating 20,000 meals, through SkipTheDishes, to healthcare workers at six hospitals in the communities where it brews. Canadians can also thank our country’s heroes and support the restaurant industry by donating towards a meal today. Donate today.
Taylor Printing, member of the Fredericton Chamber, has switched from creating brochures and signs to building face shields for front-line workers. Instead of laying off staff, Scott WIlliams, CEO of Taylor Printing, did everything he could to keep employees on the payroll. The company will be able to make between 5,000 and 6,000 masks a day.
If you know of a business that has taken steps to help Canadians through this pandemic, please contact us.