Avenues to Covid – 19 Information

March 18, 2020

Avenues to Covid – 19 Information

June 9, 2020

Relaunch…..Stage 2 starting June 12, 2020

 

May 12, 2020

Relaunch….
Yesterday, the Alberta Government launched their new website for the guidance and supports for businesses affected by Covid-19 and to begin the relaunch of the economy as early as this Thursday.
Additionally, if you need the step by step process for the Emergency Wage Subsidy program (CEWS),  this is the link.

May 8, 2020

This is the link to the Retail Council of Canada.    Covid-19 Recovery Planning

https://www.retailcouncil.org/coronavirus-info-for-retailers/covid-19-recovery-planning/

Quick Notes:
* Today’s Federal announcement addressed the Wage Subsidy Program. It will continue past June.  More details will be released next week.
* We are still waiting on details for the Rental Assistance Program.
* Details for the Culture, Arts and Sports Plan will come out shortly.  This is the previously announced 500 million dollar wage and funding support program through Heritage Canada.
* The Federal Government has set up an Industry Strategy Council to research how Covid-19 is affecting specific sectors and how to support these sectors.

 

May 4, 2020

GPREP (Grande Prairie Regional Emergency Partnership) has a team of 5 that are out visiting all essential businesses and ones that are going to be opening soon if all goes as planned. This Business Ambassador program was formed to help assist you with procedures and priorities to deal with Covid – 19.

This is the media release about the Business Ambassador program

https://www.gprep.ca/blog/gprep-aligns-with-business-resiliency-taskforce-to-unify-regional-economic-response-to-covid-19/.

April 30, 2020

Premier Jason Kenney just announced the Relaunch plan for Alberta.
Stage 1 potentially will start as soon as May 14, 2020  (unless Covid-19 illnesses change in current status or projected numbers).
Stage 1:
As shown above.
Additionally,
* Dental offices may open May 4th
* Booking for campgrounds to open May 14th
* Provincial Parks, boat launches and golf courses as soon as this weekend.
There will be safety measures, rules and provisions in place for each of these.
FULL DOCUMENT HERE.

April 29, 2020

Canadian Chamber/Statcan Survey,
” The Canadian Survey on Business Conditions, a joint effort between Statistics Canada and the Canadian Chamber of Commerce, provides the most detailed insight yet into the impact of COVID-19 on Canadian businesses. The survey is Canada’s first comprehensive view into how our businesses are managing as the COVID-19 shutdown continues. In all, more than 13,000 businesses participated – thank you!”
Please see the attached url for the Canadian Survey on  Business Conditions results.

April 28, 2020

As of April 27, 2020, Canada Emergency Wage Subsidy is now open for applications. These applications can be made through “My Business Account.”

Also, through the CRA website with your access code or “Represent a Client” for your tax representative. Applications will be processed on May 4, 2020.

https://www.canadianbusinessresiliencenetwork.ca/news-and-insights/2020/04/23/step-by-step-guide-get-ready-to-apply-for-the-canada-emergency-wage-subsidy-cews/

 

Covid-19 Business Resiliency ……..Check out the Business Advisory Services Voucher Program.

https://www.grandeprairiechamber.com/covid-19-business-resiliency/

 

GPREP……..Mental Health Crisis Resources

Mental Health Resources

Please use the Text4Hope tool available.  This is supporting Mental Health & Wellness in a Time of Stress & Isolation

Text: COVID19HOPE to 393939 to subscribe.

April 24, 2020

This is the announcement that so many businesses have been waiting for!
The Federal Government has today announced the Canada Emergency Commercial Rent Assistance Program.
If you qualify for this program, rent costs will be reduced by 75% for the months of April, May and June for small and medium sized businesses.
Some of the details are:
*    50% will be covered by the Government.
*    25% will be covered by the Landlord.
*    25% will be paid by the Business owner.
To qualify for this program you must pay 50K or less in monthly rental payments and your revenue must have dropped by 70% due to Covid – 19.
More details from CTV News.

April 23, 2020

Link to the Canada Emergency Wage Subsidy Calculator

https://www.canada.ca/en/revenue-agency/services/subsidy/emergency-wage-subsidy/cews-who-eligible-employer.html

 

Covid – 19 Business Resources

https://www.canada.ca/en/department-finance/economic-response-plan.html#businesses

 

April 21, 2020

Today, Prime Minister Trudeau announced that you will be able to use a new online tool for calculating the Wage Subsidy Program available to you.  This online calculator will be on the CRA website as of today.
Additionally, you will be able to send in your applications for this program on Monday, April 27, 2020.  More details to follow this week on the process of applying.
Note:  This subsidy program will pay up to $847.00/week/employee.

April 16, 2020

The Canada Emergency Business Account.
This provides  interest-free loans of up to $40 000 for eligible small businesses to cover operating costs.
Repayment on or before December 31, 2022 will result in loan forgiveness of 25% (up to $ 10K).
Prior to today, to qualify you would need to demonstrate that you paid between 50K – 1 million in total payroll in 2019.
Today, the Prime Minister announced that the criteria to qualify has changed.
Now it will be 20K – 1.5 million in total payroll in 2019.
 
Please note: at this point there is no information on business owners who take dividends, but it is on their radar.
 
Information will be coming out shortly for a RENTAL ASSISTANCE PROGRAM for small business.  

Please click on this site for the information on the The Canada Emergency Wage Subsidy. (CEWS)

https://www.canada.ca/en/department-finance/economic-response-plan/wage-subsidy.html

You will need to apply through the Canada Revenue Agency’s My Business Account portal.  Details will be out shortly.

 

For all the supports for businesses, please see this website.

https://www.alberta.ca/covid-19-financial-support-for-businesses-and-organizations.aspx

 

April 14, 2020

Business Link is now available to provide guidance and help to small businesses learn about and connect to available COVID-19 supports based on their unique business needs.

The platform is offering free programming through June, including one to-one guidance and expert sessions with specialists to help small businesses survive this extremely difficult period. Programming includes webinars on a variety of topics, online events, and free expert sessions with lawyers, accountants, marketing specialists, e-commerce specialists and more. To access this service contact 1-800-272-9675 or visit www.businesslink.ca. Programs like Business Link will be an important resource to help small businesses recover from the COVID-19 pandemic.

 

April 8, 2020…….updated April 9, 2020

Yesterday’s Federal announcement regarding changes in the current 75% wage subsidy program for businesses:

  • Period 1 is March 15 – April 11. The sales reference period is year over year  but if this is not possible, you can use the average sales for January and February 2020 as reference points.
  • 30% reduction in sales was the target number for the first period — Now, 15% reduction in sales in this first period, from March 15 – April 11.
  • Period 2,  April 12 – May 9/20 and the 3rd period is May 10 – June 6/20.  You can use year to year numbers as reference points or the same average of Jan. & Feb. numbers. Period 2 and 3 need to show a 30% reduction in sales.
  • The wage subsidy is retroactive to March 15, 2020.
  • Up to $ 847.00/week per employee or 75% of the employee’s pre-crisis weekly wage, whichever is less.
  • Applications are not yet available online as this is currently not passed through legislation.  Hopefully over this weekend?

Please see additional information through these sites:

www.grandeprairiechamber.com

www.alberta.ca/coronavirus-info-for-albertans.aspx

www.canada.ca/en/department-finance/economic-response-plan.html

 

Please use the Text4Hope tool available.  This is supporting Mental Health & Wellness in a Time of Stress & Isolation

Text: COVID19HOPE to 393939 to subscribe.

 

April 6, 2020

Today is the start date for the application of the CERB (Canada Emergency Response Benefit)  benefit through the Federal Government.

Who is eligible? Anyone who has lost their employment income or self-employment income because they have stopped working due to COVID-19 is eligible for CERB. The benefit is available to all workers who are Canadian residents, at least 15 years old, who have stopped working because of COVID-19.

After you apply, you should get your payment in 3 business days if you signed up for direct deposit. If you haven’t, you should get it in about 10 business days.

It provides a payment of $2,000 for a 4-week period (the same as $500 a week) for up to 16 weeks.

Please see requirements online prior to applying, such as best day to apply – month of your birth date.

There are two ways to apply:

  • Online with CRA My Account
  • Over the phone with an automated phone service

https://www.canada.ca/en/revenue-agency/services/benefits/apply-for-cerb-with-cra.html

Phone # 1 800 959-2019 or 1 800 959-2041

 

Government of Canada site

https://www.canada.ca/en/public-health/services/diseases/2019-novel-coronavirus-infection.html

 

April 1, 2020

This is the statement from Provincial Emergency Operations Centre:

Although non-essential businesses are to remain closed to public access, business owners and employees are able to continue to work out of their business facility to take care of crucial tasks that cannot be done remotely, to retrieve necessary materials or documents, or for the purpose of facilitating the fulfillment of online or mobile ordering, as long as proper precautionary measures have been put in place such as physical distancing, frequent hand washing, and ensuring hand sanitizer is readily available.

This will be coming out in a media release by 4 o’clock.

Also, with the wage support program now increased to 75%, some of you may wish to hire back some of your employees.  This is permissible as long as AHS proper precautions are in place as listed above. (Please note the remaining 25% in wages is to be paid by the business owner.)

And as noted in the https://www.alberta.ca/coronavirus-info-for-albertans.aspx and precautionary measures are followed, curbside and deliveries are acceptable.

Please use the Text4Hope tool available.  This is supporting Mental Health & Wellness in a Time of Stress & Isolation

Text: COVID19HOPE to 393939 to subscribe.

 

March 30, 2020

Alberta Health Services

https://www.alberta.ca/coronavirus-info-for-albertans.aspx

List of essential services

https://www.alberta.ca/essential-services.aspx

 

March 27, 2020

Good news from our Federal Government this morning.  Small business will receive financial assistance to get through these trying times.  Please see government websites for upcoming information on this much needed financial assistance. Your banking providers will also assist you in these measures.

Please note: Online scamming activities are a very real and threatening risk to your business during this time of uncertainty.   Please be vigilant in what personal information you are sending through online mediums. Here is a link for information  to guard you against this potential activity.

https://auma.ca/news/cyber-security-remain-vigilant-against-online-scammers

 

March 26, 2020

Covid-19 Business Resiliency

The Chamber of Commerce along with the City of Grande Prairie and County of Grande Prairie Economic Development Departments are working together to provide a unified approach to supporting local businesses during these unprecedented times.  Many businesses may be experiencing difficult choices or financial hardship during the Covid-19 crisis and below is a list of resources to help you navigate various levels of support. Please check back often as we update this page and provide additional resources, including locally hosted webinars.

Please check out the Chamber of Commerce website for webinars to attend.

Provincial

COVID-19 support for employers and employees
https://www.alberta.ca/covid-19-support-for-employers.aspx

Federal

Canada’s COVID-19 Economic Response Plan: Support for Canadians and Businesses
https://www.canada.ca/en/department-finance/news/2020/03/canadas-covid-19-economic-response-plan-support-for-canadians-and-businesses.html

COVID-19 Small Business Help Centre – CFIB
https://www.cfib-fcei.ca/en/small-business-resources-dealing-covid-19#govt

Finding the way forward: Guiding businesses through coronavirus (COVID-19) – Grant Thornton
https://www.grantthornton.ca/insights/coronavirus-covid-19/finding-the-way-forward-guiding-businesses-through-coronavirus-COVID-19/

 

March 25, 2020

Here is a short but very important survey regarding the impacts of Covid-19 and your business.
Please take the time to fill this out as this will be extremely helpful in gaining information on emerging business needs and advocacy pathways towards government. This will be a full snapshot of where we stand in this region as well as other regions.
This survey is now on the GP Chamber of Commerce website as well as the Downtown Association website.  No membership is required for this gathering of information.
Note: You most likely will receive several requests from different partners to fill out the survey. We are all working together.

 

March 20, 2020

Here is some additional information for businesses.

Government of Canada

The federal government’s Resources for Canadian Business page provides one-stop info for business and employees.

https://www.canada.ca/en/services/business/maintaingrowimprovebusiness/resources-for-canadian-businesses.html

Corporate Income Tax
• The Alberta government has deferred corporate income tax balances and installment payments from March 19 until August 31, 2020.

https://open.alberta.ca/dataset/corporate-income-tax-special-notice-vol-5-no-56-deferral-of-corporate-income-tax-payments

Business Loans and Credit
• The federal government has announced that they will increase the credit available to small, medium, and large Canadian businesses. A new Business Credit Availability Program will provide more than $10 billion of additional support to businesses experiencing cash flow challenges through the Business Development Bank of Canada and Export Development Canada.

https://www.bdc.ca/en/about/mediaroom/news_releases/pages/bdc-announces-additional-measures-provide-relief-canadian-entrepreneurs.aspx

•The federal government announced that the Office of the Superintendent of Financial Institutions (OSFI) will lower the Domestic Stability Buffer by 1.25% of risk-weighted assets, effective immediately. This action will allow Canada’s large banks to inject $300 billion of additional lending in to the economy.

• ATB Financial small business customers can apply for a payment deferral on loans and lines of credit for up to 6 months.
• ATB Financial small business customers can access additional working capital.
• ATB Financial agriculture and other business customers can access support on a one-on-one basis.

https://www.atb.com/resources/alerts/covid-19/

• Customers of other banks should check with their bank provider, as Canada’s large banks have confirmed support, but have not yet released details.

https://www.canada.ca/en/department-finance/economic-response-plan.html

With all that is going on, we as a core community have come together to get through this.

Tax and Levy relief measures for Grande Prairie have not yet been confirmed.

Non-profits
• The Alberta government has said that charitable and non-profit groups will immediately receive an additional $60 million to support seniors and other vulnerable populations disproportionately affected by COVID-19.

Wage Subsidies
• The federal government will provide eligible small businesses a 10 per cent wage subsidy for the next 90 days, up to a maximum of $1,375 per employee and $25,000 per employer.

https://www.canada.ca/en/department-finance/economic-response-plan.html#business

Help for employees

Government of Canada

• The federal government’s Resources for Canadian Business page provides one-stop info for business and employees.

https://www.canada.ca/en/services/business/maintaingrowimprovebusiness/resources-for-canadian-businesses.html

Helpful Resources

March 18, 2020

 

Government of Canada

https://www.canada.ca/en/public-health/services/diseases/2019-novel-coronavirus-infection.html

City of Grande Prairie

https://www.cityofgp.com/culture-community/news-events/covid-19-response

Alberta Chamber of Commerce

https://myemail.constantcontact.com/ACC-response-to-COVID-19-UPDATED.html?soid=1105984887396&aid=4fv7fVDco7o

Grande Prairie Chamber of Commerce

http://www.grandeprairiechamber.com/

Resources for Small Businesses Affected by Covid-19

https://businesslink.ca/covid-19