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Greater Niagara Chamber of Commerce

COVID-19 Business Update: May 25th, 2020

Information on government grants, resources, and programs, and how to apply for them, is available here.
The Government of Canada has a support page with summaries of current programs and application portals.

Vital updates:

  • The Prime Minister announced that landlords with up to 10 eligible tenants would be able to apply for the federal rent assistance program online tomorrow at Landlords with more than 10 tenants will be able to apply later this week. Over the course of the program, property owners will reduce rent by at least 75 per cent for the months of April and May (retroactive), and June, for their small business tenants. CECRA will cover 50 per cent of the rent, with the tenant paying up to 25 per cent and the property owner forgiving at least 25 per cent.
  • The Canadian Chamber of Commerce and the Government of Canada will be launching a joint helpline for businesses. Entrepreneurs and vulnerable small businesses, including charities and non-profit organizations, can access accountants or financial advisors by calling the Resiliency Help Desk at 1-866-989-1080.
  • The Government of Canada is pushing the tax return declaration deadline to September 1.
  • The Prime Minister remarked that “nobody should have to choose between taking sick leave or paying their bills,” and is working closely with provinces and territories to give impacted workers 10 days of paid sick leave per year.
  • The large number of public gatherings in violation of physical distancing guidelines has led the Government of Ontario to push back its timeline for relaxing gatherings up to ten people from the current maximum of five.

Reading recommendations:

If you are showing symptoms, you must self-isolate for a minimum of 14 days. Call a public health authority immediately. Do not visit any healthcare provider in person before you have been directly advised to by public health authorities.

It is important that everyone practice physical distancing to prevent the spread of COVID-19. Remain at home unless absolutely necessary. Minimize contact with other people. Wash hands frequently and thoroughly. Avoid touching the face. Maintain a 2-meter distance from others if you are required to be out in public. If you have recently traveled outside the country, you are legally required to self-isolate for 14 days.

Previous updates can be accessed here.

Stay safe and be vigilant. The GNCC is here to support you. Contact us with any questions you have.

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