The number of tweets and emails I've received from business owners ready to defy lockdowns is growing by the minute, especially in Ontario. I don't think govts appreciate how close we are to society's breaking point.
CFIB does not recommend business owners break the rules. But I do not dismiss the concerns of those ready to take this extraordinary step either. If you were in the position of losing your business, your economic future, your home, what would you do?
We need to find an immediate pathway to provide support to business owners facing permanent closure due to COVID restrictions. This means finding ways to allow them to operate with limited capacity. It means full economic supports from the feds and provinces for ALL affected.
It is deeply shameful that the federal govt has still not fixed the problems with the rent, wage subsidy and the CEBA/HASCAP loan programs that prevent new and micro-sized businesses from accessing them. May 19 will mark the 1 year anniversary of the PM's promise to fix things.
The Federal budget announced plans to reduce the rent and wage subsidy over the months ahead just as provinces announced fresh lockdowns. This needs to be put on hold.
Provinces need to announce new grant support (not more debt) to help small firms make it across the finish line.
Blanket lockdowns should be replaced with rapid testing and % capacity rules. A hair salon should be able to serve customers if they test stylists to prevent asymptomatic spread.
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Looking forward to introducing Economic Development Minister @melaniejoly in a special webinar for CFIB members. Over 1200 small business owners registered to join us today.
The first question for Minister @melaniejoly is on the need for support for new businesses that can't access any of the federal COVID support programs. She shared govt is still working on this.
Lots of questions from CFIB members raising concerns about the planned summer reduction in the levels of the wage/rent subsidies. With fresh restrictions popping up across Canada, govt should be extending current levels for the summer months.
Happy Mother’s Day to all the moms running their own businesses, and the many who can’t open their doors due to ongoing lockdown restrictions. Brighter days are ahead!
Mother’s Day is a bit tough at my house today. This is the first Mother’s Day after my wife lost her mom and we haven’t been able to visit my mom in Calgary in over a year despite her breast cancer treatment.
Thanks to @piejunkieyyc in Calgary for helping me surprise my mom with some freshly baked butter tarts, a pie and cookies. Can’t wait to try your stuff myself on my next trip out west. #smallbusinesseveryday
Some good news in #Budget2021 for small business: extension of the rent/wage subsidy to the fall, a major new hiring incentive and a promise of lower credit card processing fees.
Sadly, the federal budget does absolutely nothing to fix the many gaps in access to CEWS, CERS or CEBA. New firms and thousands of others remain entirely left out. Fixing this is CFIB's top priority.
Here are a few comments from CFIB based on media reports of what is in the federal budget. 1. It appears COVID support for small business will be a major theme. This would be excellent news. 2. Extending the main economic support programs (CEWS/CERS) to the fall makes sense.
3. A major hiring incentive is rumoured. This was a key CFIB recommendation for the recovery in order to help small firms afford to bring back their staff. This needs to apply broadly, not just to those using the wage subsidy.
4. We are encouraged to hear of further credit card fee reductions. This could mean the govt will deliver on its 2019 election promise to kill processing fees on GST/HST or a cut in fees for e-commerce/telephone. Both would be good news.
As further evidence of the impact of the pandemic on small business, I can report that CFIB now represents 95,000 members (down from 110,000 pre-pandemic). This is the largest drop in our 50 year history.
As we seek to renew our members, a huge number are no longer there. Others are not in the position to pay a membership fee.
One of the decisions of which I am most proud was our call to continue to provide free service to any CFIB member who can no longer afford to pay a membership fee. We also have offered free service to all independently owned businesses who need our help.
I'll leave it to others to determine whether we are in/near a third wave of COVID-19. Regardless, we cannot return to shutting down the economy to address the concern. Lockdowns were meant to buy a bit of time to ramp up health care capacity, not a semi-permanent policy.
Gyms & indoor restaurant dining in Toronto (for example) have been locked down for nearly 300 days and, still, remain entirely closed. Has this been an effective COVID mitigation effort?
We have vaccinated many of the most vulnerable and are finally making progress in vaccinating older Canadians. This is expected to help address concerns with health care capacity and fatalities - the entire goal of the lockdown in the first place.