Discover and read the best of Twitter Threads about #savesmallbusiness

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IMPORTANT SURVEY ALERT. There is big trouble for Canada's rent relief program. In our survey, only 19% say their landlord is likely to sign up for it. The provinces need to declare a moratorium on commercial evictions to save #CECRA. #SaveSmallBusiness Image
This landlord response is a tragedy, since small businesses are saying the rent subsidy is BY FAR the most important program that has been rolled out to date. 67% said #CECRA was most important, vs. 24% for the #CEBA loan and only 9% for the #CEWS wage subsidy. Image
A #CECRA rent subsidy that work would literally save our local communities. 54% of small business owners say it would save them from permanent closure. 43% say it would make a big difference. Only 3% (!) say they sure to survive either way. Image
Read 5 tweets
We don't have to let local community businesses fail - there are good options if only the Federal government would take the lead. Our coalition has proposed a common sense national rent abatement strategy. Here's how it would work:
(1/14) #covid19Canada

cbc.ca/news/business/…
Landlords would waive the first $10K of rent for business most affected by social distancing (restaurants, day cares, barbershops, etc) for three months. Businesses with less than $5M in revenue, so covering pretty much every local community business. (2/14) #savesmallbusiness
They'd ask their tenant to sign a simple document confirming the regular rent amount, and the fact that they waived it. They'd send the document into the federal government, who would write them a check for 66% of the total. Landlord pays one month, gov't pays 2. (3/14)
Read 15 tweets

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