People wear masks as they walk past closed storefronts downtown as COVID-19 continues to take an economic toll Thursday, March 18, 2021 in Montreal. THE CANADIAN PRESS/Ryan Remiorz

People wear masks as they walk past closed storefronts downtown as COVID-19 continues to take an economic toll Thursday, March 18, 2021 in Montreal. THE CANADIAN PRESS/Ryan Remiorz

Hardest hit businesses call for extension of federal wage, rent subsidies

Just 12 per cent said they have sufficient internal resources to stay afloat

Canadian businesses hardest hit by the COVID-19 pandemic are calling on the federal government to extend emergency relief programs beyond the current deadline of June 5.

The Coalition of Hardest Hit Businesses is calling for the federal wage subsidy and the federal rent subsidy programs to be continued until the end of the year.

The coalition, which represents hotel, tourism, arts, culture and hospitality industries, is backing up its call with the results of a survey it conducted among its members earlier this month.

Almost 6,000 businesses responded to the survey and fully 60 per cent of them said they’ll go under without sustained access to federal support programs.

Only 14 per cent said they have access to sufficient financing from regular sources to survive.

And just 12 per cent said they have sufficient internal resources to stay afloat.

“Our businesses were the first hit by the pandemic, the hardest hit by the closures and will be the last to recover,” Beth Potter, president of the Tourism Industry Association of Canada, said in a statement issued by the coalition.

“With extended support, we can thrive and survive. Without it, Canada’s tourism, culture and hospitality industries will be devastated for a generation.

The coalition says its member businesses employed more than two million Canadians before the pandemic hit a year ago. They are primarily small- and medium-sized businesses whose employees are predominantly young, female, Indigenous and new Canadians — the populations hardest hit by the pandemic.

Susie Grynol, president of the Hotel Association of Canada, said the wage and rent subsidies are “a lifeline” for businesses whose financial recovery has been slowed by continuing public health measures, including ongoing bans on mass gatherings.

Continuation of the programs “would be the difference between a vibrant tourism and cultural industry in Canada and the loss of these critical regional employers and a far slower return to full employment,” Grynol said in the statement.

ALSO READ: Waits for bike repairs stretch months amid Canada parts shortage due to COVID

The Canadian Press


Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

Coronaviruseconomy

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

An oversight committee has been formed for an eco-village which will be constructed near Summerland’s proposed solar and battery storage project. (Black Press file photo)
Oversight committee formed for Summerland’s eco-village project

Initial meetings have been held to plan methodology

The Regional District of Okanagan-Similkameen will hold its volunteer Pitch-In event April 22 to 24. (Black Press file photo)
Regional District of Okanagan-Similkameen to hold Pitch-In event

Event planned for April 22 to 24 coincides with National Volunteer Week

A shop up on Grand Oro Road near Twin Lakes burned down on Monday. (Facebook)
Fire rips through shop in small South Okanagan town

The building was destroyed despite community efforts to fight the fire

Titanic was the largest and most luxurious ship in the world. Photo provided and colourized by Jiri Ferdinand.
QUIZ: How much do you know about the world’s most famous shipwreck?

Titanic sank 109 years ago today, after hitting an iceberg

In a feature article published April 10, 2021 in The Times of London, ‘headlined British Columbia has what it takes to rival Napa Valley,’ the valley is praised extensively for its natural beauty and wine. (File photo)
From the U.K. with love: Okanagan wine, scenery receives international praise

The Times of London newspaper recently featured the valley in a wine and travel piece

A person receives a COVID-19 vaccine at a vaccination clinic run by Vancouver Coastal Health, in Richmond, B.C., Saturday, April 10, 2021. THE CANADIAN PRESS
B.C. sees 873 more COVID-19 cases Tuesday, decline continues

Hospitalizations up to 377, two more deaths for 1,515 total

The music video for “Green and Blue” featured a Willington Care Centre in Burnaby as well as some of the volunteers and employees. (Screenshot/Todd Richard)
‘Green and Blue’: B.C. country musician releases tribute song for front-line workers

Richard’s new single has been viewed more than 3,000 times on his YouTube channel

An unidentified B.C. man said, in a human rights complaint, that he was refused a contract job after refusing to wear a mask when asked to by an on-site manager. (Unsplash)
Religious B.C. man lodges human rights complaint after fired for refusing to wear a mask

Worker’s claim that ‘to cover up our face infringes on our God-given ability to breathe’ dismissed by B.C. Human Rights Tribunal

Prospera Place in Kelowna. (Marissa Baecker/Shoot the Breeze)
Kelowna Rockets return to the ice after COVID-19 quarantine

All individuals within the team cohort tested negative for COVID-19 earlier this week

This 2013 Dodge Ram 1500 was stolen from Black Creek Motors at approximately 2 a.m. Sunday, April 11. Photos via blackcreekmotors.com
VIDEO: B.C. car dealer posts clip of thieves towing a truck right off his lot

Video shows one white truck towing another off Vancouver Island lot

Bylaw enforcement officer Marcel Bedard sits behind the wheel of his 2004 Chevy Cavalier in 2017. He retired on April 9, 2021 after 24 years working for the City of Salmon Arm. (File photo)
Salmon Arm bylaw officer parks his parking tickets after 24 years

Despite the insults that go with the job, Marcel Bedard enjoyed his work for the city

FILE – People hold signs during a memorial march to remember victims of overdose deaths in Vancouver on Saturday, August 15, 2020. THE CANADIAN PRESS/Darryl Dyck
B.C. to request federal exemption for simple drug possession

Announcement comes on 5-year anniversary of B.C.’s first public health emergency

(AP Photo/Matthias Schrader, FIle)
Rare blood clots ‘may be linked’ to AstraZeneca vaccines: Health Canada

One case of the adverse effect has been reported in Canada

Restaurant patrons enjoy the weather on a patio in Vancouver, B.C., Monday, April 5, 2021. The province has restricted indoor dining at all restaurants in B.C. due to a spike in COVID-19 numbers. THE CANADIAN PRESS/Jonathan Hayward
B.C.’s COVID-19 indoor dining, drinking ban extending into May

Restaurant association says patio rules to be clarified

Most Read