Finishing the fight against COVID -19: Businesses in hardest-hit sectors will need our help through 2022 says Canadian Chamber of Commerce
(OTTAWA) – August 16, 2021 – The Canadian Chamber of Commerce’s Director of Parliamentary Affairs and SME Policy, Alla Drigola Birk, today issued the following statement about the need to help the hardest-hit businesses, who will still struggle for the next two years.
“Lockdown restrictions have not impacted all businesses in the same way. Just as workers and Canadians are living different realities in this pandemic, so too are our various sectors. Businesses are getting back on their feet at different rates, which is why the next government must not approach recovery as a black and white scenario.
Small business owners have piled on massive debts to make it through a series of devastating lockdowns. Their sacrifices have brought us a long way in our efforts to beat the pandemic. Now that the hope of more normal lives is finally in sight, we need to make sure we take care of them. We can’t let them down 10 feet from shore.
Today, we need to provide the right kind of support to the hardest-hit sectors and the hundreds of thousands of Canadians they employ, and that includes recognizing they will require a longer runway for recovery. A one size-fits-all approach for sectors like tourism, travel and hospitality will not work. What’s needed now is targeted help.
Here’s three things all parties can commit to right now to help:
Create a replacement program for the Canada Emergency Wage Subsidy (CEWS) and the Canada Emergency Rent Subsidy (CERS). A replacement program should be exclusively available for businesses still hurting from pandemic-related public health restrictions, and available between October 2021 until spring 2022. The revamped version must retain at least the 75% (CEWS) and 65% (CERS) subsidy rates, in line with what businesses in other sectors had access to until they were permitted to recover.
Create a carbon strategy to gain a competitive advantage for your business
Climate change is a complex reality that is disrupting natural ecosystems, societies and markets.
Many business owners have already learned about the physical risks of climate change through experience with record high temperatures, wildfires, droughts and floods. Others are learning of nascent market transition risks as governments, investors and consumers impose new expectations on them.
These disruptions will grow over the coming decade. Companies have been called upon to reduce their greenhouse gas emissions for years. But a commitment to CO2 reduction and clean technology is rapidly becoming the norm for Canadian businesses.
Some of Canada’s largest businesses are notably taking the lead in the new carbon-positive economy. Maple Leaf Foods became the world’s first carbon-neutral food company in 2019. They then joined forces with CN, health brand Celestica and others to create a coalition of like-minded companies to reduce carbon emissions, set science-based targets, be good resource stewards and track their impact on climate.
As an entrepreneur, there are ways to reduce your emissions, take a leadership role in the fight against climate change and support the economy’s transition to a low-carbon future, while carving out a competitive position for your business.
What are the benefits of reducing greenhouse gas emissions for your business?
A commitment to carbon reduction is good for business. As larger companies look to drive carbon from their supply chains and become net-zero emitters, businesses that don’t act could be left out. Firms that seek ways to reduce CO2 are better positioned to compete.
Municipal Fiscal Autonomy Key to Unlocking Ontario’s Competitiveness
(Toronto – July 21, 2021) – While COVID-19 has created a uniquely difficult situation for Ontario’s municipalities, it has also exposed areas to improve municipal fiscal governance. Local governments do not have the fiscal autonomy they need to make them competitive and maintaining the status quo could be devastating for communities in a post-COVID economic recovery. The impact of the virus and the resultant public health measures have meant that most municipalities are seeing a decline in revenue and increase in expenditures.
Today, as all levels of government look to balance debt and deficits while protecting the well-being of our communities, the Ontario Chamber of Commerce (OCC) released its latest report, Better Budgets: Bolstering the Fiscal Resilience of Ontario’s Municipalities. This policy brief identifies 14 recommendations for both the Province and municipalities which can bring immediate and long-term relief to communities across Ontario.
“Municipalities in Ontario are facing a triple threat this year: an ongoing pandemic that has been devastating to local economies, reduced revenue from closed or limited services, and increased spending on public health and human services. The Financial Accountability Office estimates the pandemic will collectively cost municipalities $2.7 billion in 2021, on top of the expected $4.1 billion impact of 2020,[i]” said Rocco Rossi, President and CEO of the OCC. “In Budget 2021, the Government of Ontario committed to a long‐term economic growth plan. It is imperative public policymakers do everything they can do to ensure our communities do not get left behind in recovery.”
The KLCFDC has a number of technology resources that are available to you.
First of all, as part of the Canada Business Ontario (CBO) and the Canada Business Network (CBN), our offices are equipped with a public access workstation where you can connect to the Internet. As mentioned, this is a joint government venture with FedDev Ontario developed to provide access to information on Federal and Provincial government programs and services for small business.
We may also be able to connect you to other groups or organizations where you can perhaps either temporarily use or possibly secure a computer for your personal use. We can also assist with select offices services, such as small photocopying jobs or faxing. Finally, we will often print materials for clients who don’t have a computer readily available and may use an alternative method to the Internet to gain the access to what they need.
Access to our information and services is available free of charge, for your use from Monday to Friday, 9:00 A.M. to 5:00 P.M.
We do ask that you call us at 328-0261 extension 21 to insure that you will have a computer to work with when you need it.
The KLCFDC may also be able to provide the opportunity for you to secure a computer, for those who need even more computer time. We can provide work with you and our partners to look to provide these on a limited basis. We are also willing to help with selected office services, such as small volume photocopying or faxing.