Today’s Top Story
The Retail Sector Has Been Among the Hardest Hit By COVID-19 According To Our Survey With Statistics Canada
As a non-essential service, and a sector that has traditionally relied on physical in-store contact, the retail sector felt the effects of closures and social distancing from the very beginning of the crisis. Almost 48% of retailers had lost more than 30% of revenue in the first weeks of the crisis and 50% had to lay off staff.
For Your Attention
Joint Letter To Prime Minister Justin Trudeau On Restarting Canada’s Tourism And Travel Sector
On May 26, 2020, an open letter was sent to Prime Minister Justin Trudeau urging the federal government to take measures to restart Canada’s tourism and travel sector. The letter was sent on behalf of Canada’s Tourism Roundtable, which includes the Canadian Chamber of Commerce, the Tourism Industry Association of Canada (TIAC), the Hotel Association of Canada (HAC), the National Airlines Council of Canada (NACC), the Association of Canadian Travel Agencies (ACTA), the Canadian Airports Council (CAC), Meetings Mean Business Canada, the Greater Vancouver Board of Trade, the Toronto Region Board of Trade, the Chamber of Commerce of Metropolitan Montreal and Tourism Toronto.
New PPE Matchmaking Portal Connects Producers With Businesses In Need
As our economy begins to reopen, many businesses will need to access personal protective equipment (PPE) to help keep their customers and staff safe from COVID-19. Sourcing masks, hand sanitizers and gowns is often challenging, especially for businesses that are new to purchasing this type of equipment, especially with unprecedented global demand for PPE.
RRP Canada is free to use and provides a matchmaking service to ‘connect the dots’ between manufacturers and businesses in need of PPE. PPE products on the Rapid Response Platform include hand sanitizer, surgical masks, N95 masks, surface sanitizer, face shields and gowns.
Two New COVID-19 Funding Opportunities
Innovation, Science and Economic Development Canada, through the Innovative Solutions Canada program, has two funding opportunities available. One seeks a smart digital exchange platform solution that will connect researchers, health providers and solution providers with the appropriate expertise, materials, devices and information to respond to COVID-19. The second requires a solution for reagents required for nucleic acid sample preparation and rapid and efficient SARS-CoV-2 Ribonucleic Acid (RNA) extraction in order to perform downstream molecular diagnostics of COVID-19 with capability to integrate within existing and/or potential microfluidic platforms for sample-to-answer solutions that can be deployed on the frontline for rapid testing.
Youth Employment And Skills Program (YESP) Enhancement
The Government of Canada is funding the YESP with up to an additional $9.2 million to create up to 700 new positions for youth in the agriculture industry. This additional funding will help the agriculture industry attract Canadian youth, ages 15 to 30, to their organizations to assist with labour shortages brought on by the pandemic. This program aims to provide youth, and particularly youth facing barriers to employment, with job experience in agriculture that will provide career-related work experience.
How We’re Helping Canadian Business
Webinar | Planning For Recovery: How To Restart Your Business In The Wake Of COVID-19
Join us June 2 at 12:00 p.m. ET for a live webinar with the Business Development Bank of Canada (BDC).
BDC’s Chief Economist Pierre Cléroux will give an economic update and speak about the main business trends that will reshape the way we do business and BDC’s Advisory Services Executive Vice President Peter Lawler will discuss what business owners should be doing now as they ramp up operations, along with providing an overview of the financing support programs and resources available.
It’s Time To Let The World Know You’re Open4Business!
Businesses across Canada are starting to open to their customers. Our team has created signage that can help you let your clients know you’re back and you’re open for business. The signage that we have is available in English and French. You can print it yourself or take it to a local printer.
Signage That Is Accessible To Everyone
People on the blindness spectrum may not be able to read your posted information about your business’s safety protocols. The Checkered Eye Project has prepared tips for businesses to use to improve the accessibility of signs. The project would like to make businesses aware of the checkered eye symbol that some people with low vision wear to communicate their visual difficulties.
Webinar | COVID-19: How To Adapt Your Business To Thrive In The New Normal
The COVID-19 pandemic is disrupting our everyday habits and creating an unprecedented level of uncertainty for entrepreneurs. Join BDC advisory services experts on June 15 at 12:00 p.m. ET as they present a step-by-step approach to managing risks, creating contingency plans and equipping your business with a strategic vision that takes into account the changed landscape. The Canadian Chamber of Commerce will present the results of the Canadian Survey on Business Conditions and will discuss how businesses of all sizes are adapting and innovating during this crisis. You will learn how this data can support your decision-making on resilience and recovery. A live Q&A will follow.
Business At OECD 2020 Economic Policy Survey Results
Business at OECD annually surveys the lead business organization from each of its member countries. Key highlights from the 2020 survey include: 95% of companies perceive the current business environment to be weak versus only 16% in 2019; 75% of respondents expect this economic downturn to be worse than the 2008-09 financial crisis; and only half of respondents view OECD government responses to be sufficient to supporting the economy. Key policy measures needed as we look ahead include liquidity, combatting protectionism and support for labour markets.
A #TeamCanada Approach
Our member FCA Canada has donated $100,000 to the United Way/Centraide Windsor Essex County COVID-19 Emergency Relief Fund to help prevent children from going hungry due to the economic chaos created by the pandemic.
The $100,000 donation is enough to provide 65,000 meals over the next three months locally. In all, FCA Canada is donating $155,000 with additional funds going to Brampton and Etobicoke.
GM Canada announced that it will be manufacturing 10 million face masks in its Oshawa plant for the Public Health Agency of Canada. GM Canada built and installed the mask making machinery, sourced materials and trained its workers in approximately one month for this initiative and is proud to be helping Canadians during this COVID-19 emergency.
If you know of a business that has taken steps to help Canadians through this pandemic, please contact us.