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MONTREAL SMALL BUSINESSES STILL HAVE FUNDING OPTIONS
October 15th at 10:19pm
The COVID-19 pandemic has hit small and medium‑sized enterprises hard, and their owners have demonstrated resilience and creativity in adapting their operations to health regulations and physical distancing requirements. Montréal has not escaped the crisis. The effervescence of Montréal’s neighbourhoods must be preserved and, to achieve this, the metropolis’s commercial arteries need urgent support. The many calls for help to face the precarious situation merchants and businesses are experiencing have been heard. The City of Montreal says the measures it put in place to help small and medium-sized businesses (SMEs) stay afloat during the COVID-19 pandemic are working. Plateau Mayor…
TORONTO SMALL BUSINESSES RESPONSE TO COVID-19
October 13th at 8:51pm
It would be hard to imagine any Toronto neighbourhood strip without a popular, independent coffee shop or a favourite, small-batch bakery or a unique gift shop. These small businesses give neighbourhoods personality and character but they also account for 60 per cent of all private-sector employment jobs (based on Statistics Canada figures from 2019). According to the Canadian Federation of Independent Business, small businesses contribute half of Canada’s GDP, employ over half of employed Canadians, and are the engine of communities. Most businesses have suffered due to the impacts of COVID-19, but restaurants, bars, lounges, independent shoe and clothing stores, salons…
INNOVATION DURING COVID-19 OUTBREAK
March 28th at 3:07pm
Online medical care, medical supplies, pharmaceuticals, insurance, and health-related industries During the epidemic, online medical platforms, like AliHealth and Tencent HealthCare, have provided free online diagnostic services for citizens. This helps to screen out suspected COVID-19 patients from common cold patients, alleviate the shortage of offline medical resources, reduce the cross-infection risks caused by human contact, and enable more citizens to experience online medical treatment. The outbreak also stimulates the growth of telemedicine. Apply for Canadian Funding E-commerce To avoid being infected by the COVID-19 virus, consumers who have formed the habit of online shopping are becoming more likely to…
SMALL BUSINESS COVID-19 SUPPORT FOR CANADA
March 26th at 9:02pm
The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. Extending the Work-Sharing program Canada is extending the maximum duration of the Work-Sharing program from 38 weeks to 76 weeks. The Work-Sharing program is offered to workers who agree to reduce their normal working hours because of developments beyond the control of their employers. Apply at https://www.canada.ca/en/employment-social-development/services/work-sharing/apply.html Providing small business with wage subsidies Eligible small employers a temporary wage subsidy for a period of three months. The subsidy will be equal to 10% of remuneration paid during that…
TIMES OF CRISIS ARE NOT ALWAYS BAD FOR BUSINESS
March 19th at 8:56pm
Most organizations today are battling some kind of crisis – a situation triggered by significant internal or external factors, or several small incidents that build and have an enterprise-wide, multifunctional impact. These crises disrupt normal business operations and have the potential to harm or damage the reputation of the organization. Crises don’t discriminate and can threaten the existence of the organization if not contained in time. But times of crisis can also create business opportunities and you small business can capitalize if you take the appropriate action, here’s why: Downtrodden economies can lead to great innovation. Existing companies must find…
COVID-19 SMALL BUSINESS HELP
March 15th at 7:24pm
Everything you need to know to keep your business safe. With the emergence of COVID-19, our primary concern at CFIB is keeping you, your employees and your business safe. We will provide you with expert advice to guide you through this difficult time, as well as templates and policies that prevent viral transmission in the workplace. We will also continue putting pressure on governments to give your business greater relief—including direct income support. How to contact public health authorities Alberta – 811British Columbia – 811Manitoba – 1-888-315-9257New Brunswick – 811Prince Edward Island – 811Newfoundland and Labrador – 811Nova Scotia – 811Ontario – 1-866-797-0000Quebec – 1 877 644-4545Saskatchewan – 811Northwest Territories – 1-867-767-9063Nunavut –…
LOW INTEREST BDC FUNDING FOR SMALL BUSINESSES
March 12th at 10:47pm
The Business Development Bank of Canada (BDC) is a financial institution founded in 1944 that is wholly owned by the government of Canada, providing financial and consulting services to small and medium-sized Canadian businesses. It describes itself as the only Canadian bank devoted entirely to the needs of entrepreneurs, supporting small and medium-sized businesses (SMEs) in all industries and at every stage of growth with money and advice. Although the BDC provides its services to all small business, it focuses on the technology and exporting industries in particular. The BDC’s vision as stated on their website is “to make a unique…
TORONTO SMALL BUSINESS & TECH ENVIRONMENT GUIDE
March 4th at 7:53pm
The economy of Toronto is the largest contributor to the Canadian economy, at 20% of national GDP, and an important economic hub of the world. Toronto is a commercial, distribution, financial and industrial centre. Toronto is one of the most multicultural urban areas in the world. Each year tens of thousands of newcomers from around the globe choose our city as their new home. Their diverse cultures and communities have helped create Toronto’s identity as a vibrant global city. The Toronto Region is the economic engine of both Ontario and Canada and a critical driver of the North American economy. Home…