Today’s Top Stories
Government Announces $650 Million More For Indigenous Health, Economic And Social Support
Today the Government of Canada announced an additional:
- $285.1 million to support the ongoing public health response to COVID-19 in Indigenous communities.
- $270 million to supplement the On-Reserve Income Assistance Program to address increased demand on the program.
- $44.8 million over five years to build 12 new shelters, which will help protect and support Indigenous women and girls experiencing and fleeing violence.
- $40.8 million to support operational costs for these new shelters over the first five years and $10.2 million annually ongoing.
- $1 million a year ongoing, starting this year, to support engagement with Métis leaders and service providers on shelter provision and community-led violence prevention projects for Métis women, girls, and LGBTQ and two-spirit people.
For Your Attention
Get Free Financial And Tax Advice To Help Your Business Recover
The Business Resilience Service (BRS) allows you to connect with experienced business advisors from across Canada for guidance on which government relief programs will be most appropriate to support your small- to medium-sized business, not-for-profit or charity on how to respond and reshape amid uncertainty caused by the pandemic. All you need to do is call 1.866.989.1080. Lines are open seven days a week – including on Saturdays and Sundays – from 8:00 a.m. to 8:00 p.m. ET. Take a few minutes and make the call this weekend.
Last Chance For Small Businesses To Apply For Facebook’s Grant Program!
Small businesses are the pillars of our communities and right now, they need everyone’s support. Earlier this week, Facebook Canada launched a program with nearly $3.5 million in support for small- and medium-sized businesses in Ottawa-Gatineau, Toronto, Vancouver and Montreal. The deadline to apply for Facebook’s grants is Tuesday, June 2.
Public Services and Procurement Canada (PSPC) has posted a requirement for Cloth Face Coverings. More information is available here.
Citizenship and Immigration Canada (CIC) has posted a requirement for informatics professional services to rapidly develop and implement digital solutions and supporting technologies in response to the emergency situation created by COVID-19. More information is available here.
Both opportunities close on June 8, 2020 at 2:00 p.m. ET.
Commentary: Our Pandemic Recovery Will Need A Taxation System Modernized To Help Households And Business By Shifting The Tax Burden And Mobilizing Capital
How we pay for today’s health crisis will reveal much about who we are as a country and where we are going. With 84% of federal revenue derived from different forms of taxation, this question is inextricably linked to Canada’s tax system. Canadian households and businesses will be paying for the COVID-19 pandemic for decades to come. How they pay is a question worth considering now. In this regard, there is no better time to rethink Canada’s tax system.
Industry Leaders Call On Federal Government To Streamline Rules And Encourage Canadian Travel; Launch Canadian Tourism Roundtable
Leaders of the Canadian tourism and travel sectors today announced the formation of the Canadian Tourism Roundtable, a coalition of industry representatives committed to restoring the Canadian tourism and travel sector in the wake of the COVID-19 pandemic. The Roundtable is calling on all levels of government to work together to streamline and clarify rules around travel in order to ensure safe, accessible and timely travel for Canadians this summer.
How We’re Helping Canadian Business
Appearance Before The House Standing Committee On Human Resources
On May 28, Leah Nord, our Senior Director of Workforce Strategies and Inclusive Growth, appeared as a witness before the House of Commons Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities (HUMA) to discuss the government’s response to the COVID-19 pandemic. She also addressed the process surrounding reopening, recovery and a return to the ‘new normal.’
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 financial support programs and resources available.
Webinar | Build Your Online Presence, With Facebook
Join us on Wednesday, June 3 at 1:00 p.m. ET to learn how to build your business’s online presence with a Facebook Business Page and find out about the free Facebook tools to jumpstart your business online. We’ll cover everything from building your Facebook business page to communicating with your customers and managing and measuring your page.
Webinar | Getting Creative With Your Mobile Phone, With Facebook
Join us on June 9 at 1:00 p.m. ET to learn how to plan and create content using your mobile phone. We’ll share tools, tips and creative apps that can help you create high quality content for your customers and followers.
Welcome Canadian Women’s Chamber of Commerce (CanWCC)
We are excited to welcome CanWCC as the newest member of the Canadian Business Resilience Network. CanWCC is a national not-for-profit organization built to address the two biggest challenges faced by women entrepreneurs and business owners in Canada:
- Systemic barriers to success
- A lack of community connection
A #TeamCanada Approach
RBC Foundation has committed $1.3 million to Kids Help Phone to help develop a ground-breaking multi-modal technology platform that will enable more service capacity to meet record demand and change the way young people access and experience mental health in Canada.
As the ban on gatherings continues, Desjardins is continuing to use its various technological platforms to offer advice and services to members and clients.
- Financial literacy initiatives are continuing on blogs, particularly Co-opme on Desjardins.com, and webinars like those available on DesjardinsLifeInsurance.com.
- Toolkits and webinars are available for advisors in Desjardins’s pan-Canadian intermediary networks.
Between the beginning of the pandemic and May 1:
- There has been a 20% increase in logins to AccèsD online and mobile and over 120% more logins to general insurance online services.
- An average of 900,000 Interac e-transfers are sent and received every day (+28%).
- 28,000 cheques are deposited on the mobile app every day (+25%).
- Desjardins has helped 550,000 members sign up for direct deposit with Revenue Québec and the Canada Revenue Agency.
If you know of a business that has taken steps to help Canadians through this pandemic, please contact us.