519.326.2721
Good morning business owners, community groups and employees within our region.
The Chamber is here to listen, to communicate, to assist and advise, to share ideas and to encourage community engagement and support. We will do our best to interpret all new government policy and to advise you accordingly.  We encourage you to contact us and tell us your story.For those businesses and individuals who have already been hit hard, I encourage you to avail yourself on the programs that are available through the government.  We listened to a very informative webinar on Friday, Making Sense of Provincial and Federal Programs.Access the PowerPoint here.

Please remember, we are here to help.  Please maintain communication with each other, with businesses and with friends.  Help where you can, support one another. Your compassion, coordination and communication are essential to help us all get through this.

Stay Positive!  Stay Safe!

Wendy Parsons
General Manager
Leamington District Chamber of Commerce

New resources:

Business Inquiries should be directed to 1-888-444-3659

Temporary Foreign Workers
https://www.canada.ca/en/employment-social-development/corporate/notices/minister-letter-foreign-workers.html

Guidance on Essential Services and Functions in Canada During the COVID-19 Pandemic
https://www.publicsafety.gc.ca/cnt/ntnl-scrt/crtcl-nfrstrctr/esf-sfe-en.aspx

FAQ for Business
Canadian Chamber has prepared an FAQ, which we update daily, with answers to the questions our members are asking us about the government supports for business. Access it here.

Ontario Chamber of Commerce – Covid-19 Information and Resources

Canadian Chamber of Commerce-Covid-19 Information and Resources

Canadian Survey on Business Conditions


Monitor COVID-19

Stay up-to-date on the rapidly evolving situation, and on the nature of the virus itself, by frequently checking municipal, provincial, and national websites.


Recent Government Updates

For all older updates, please click here.

AS OF April 3, 2020: Following the advice of the Chief Medical Officer of Health, the Ontario government announced it is reducing the list of businesses classified as essential and ordering more workplaces to close.

The government is ordering all businesses not covered by the updated Emergency Order to close effective as of Saturday, April 4, 2020 at 11:59 p.m. This closure will be in effect for 14 days, with the possibility of an extension as the situation evolves. Teleworking, online commerce and other innovative ways of working remotely are permitted at all times and are strongly encouraged for all businesses. All supply chains necessary for the production of vital food and healthcare supplies are being protected and remain intact.

Private sector industrial, commercial and institutional projects will be affected, while public sector infrastructure work and some residential construction will be allowed to continue.

Projects related to the health-care sector, including any work necessary to ensure the production of critical equipment and medical devices, as well those required to maintain the operations of petrochemical plants and refineries, will be exempted from the shut down.The updated essential businesses list can be found here.

AS OF April 1, 2020: the latest updates on the Canada Emergency Wage Subsidy (CEWS) can be found below.

To support businesses that are facing revenue losses and to help prevent lay-offs, the government is proposing to provide 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 period, up to a maximum subsidy of $1,375 per employee and $25,000 per employer. Businesses will be able to benefit immediately from this support by reducing their remittances of income tax withheld on their employees’ remuneration.
  • This subsidy continues to exist.

The Federal government announced further, increased wage subsidies to any business, big or small, along with charities and not-for-profit organizations, so long as they are not publicly-funded, and meet the criteria below.

  • A 75% wage subsidy is available, up to 3 months. This subsidy will be backdated to March 15th, 2020.
  • To qualify, gross businesses revenues must have decreased by at least 30%, this will be reviewed and verified after the fact.
  • Revenues will be compared to the respective month in from last year (2019) in March, April or May.
  • Details for businesses who do not have revenue data from last year will come soon.
  • Companies will be required to show pre-crisis income of an employee. Business will then get 75% of the wages they paid out returned to them through the CRA.
  • Companies will need to apply for the subsidy each month. 
  • This subsidy applies to any business, big or small, including the hospitality sector (bars, restaurants).
  • The number of employees in your organization won’t determine if you qualify.
  • The subsidy will cover 75% of a salary on the first $58,700 earned.
  • Program will provide up to $847 per week for each worker.
  • Your business does not need to be open to receive the subsidy.
  • The remaining 25% of wages is not required to qualify for the subsidy. However, employers will need to attest that they are doing everything they can to pay the remaining 25%of people’s wages.
  • Any one who fraudulently accesses these subsidies will face serious penalties.
  • Businesses will apply through the CRA website.
  • The portal will open shortly; the funds will be available in 6 weeks (as of April 1st)
  • Further details of how and where to access the subsidy to come

AS OF March 30, 2020: the Federal government provided further details on wage subsidies for businesses.

  • The Federal government announced increased wage subsidies for SME business and not-for-profits. The wage subsidy is increasing from 10% to 75%, for 3 months. This subsidy will be backdated to March 15th, 2020.
  • To qualify, businesses revenues must have decreased by at least 30%, this will be reviewed and verified after the fact
  • The number of employees in your organization won’t determine if you qualify
  • The subsidy will cover 75% of a salary on the first $58,700 earned
  • Program will provide up to $847 per week for each worker
  • Your business does not need to be open to receive the subsidy
  • The remaining 25% of wages is recommended, but not required to qualify to for the subsidy
  • Further details of how and where to access the subsidy to come

For all older updates, please click here.


Business Credit Availability Program (BCAP)
The BCAP will allow the Business Development Bank of Canada (BDC) and Export Development Canada (EDC) to provide more than $10 billion of additional support, largest targeted to small- and medium-sized businesses (as defined by 499 employees or less).

  • Working capital loans of up to $2 million with flexible terms and payment postponements for up to 6 months for qualifying businesses
  • Postponement of payments for up to six months, free of charge, for existing BDC clients with total BDC loan commitment of $1 million or less
  • Reduced rates on new eligible loans.

HOW TO APPLY:
BDC Website
EDC Website


Mortgage Payment Deferrals
The six largest banking institutions in Canada have made a commitment to work with personal and business banking customers on a case-by-case basis to provide flexible solutions to help them manage through various challenges.
This support will include up to a six-month payment deferral for mortgages, and the opportunity for relief on other credit products.

HOW TO APPLY: 
This will be done on a first come, first serve basis and requires a direct call to your bank.
Here are the helplines for each institution:
BMO: 1- 877-788-1923
CIBC: 1-877-454-9030

Libro Credit Union:1 (800) 361-8222
Kindred Credit Union: 1 (833) 909-0014
RBC: 1-800-769-2511
Scotiabank: 1-833-315-4357
TD: 1-888-730-0075
WFCU Credit Union: 1-866-500-9328
National Bank of Canada: 1‑844‑394‑4494

Purchase Order Financing
This BDC program will help cover up to 90 percent of the purchase order amount to ease cash flow to your suppliers.

HOW TO APPLY:
BDC Website

Financial
Economic Development Corporation
Employment Insurance
 (New dedicated COVID-19 number: 1-833-381-2725) 

Business Development Canada:
Support for Entrepreneurs impacted by coronavirus
Business continuity plan and templates for entrepreneurs

Department of Finance Canada:
Canada outlines measures to support the economy and the financial sector

Regional Development Agencies
RDAs are helping to address economic challenges brought on by COVID-19

Health
Public Health Ontario
Canada Public Health
Social distancing, handwashing and cleaning / ventilation
Increasing cleaning procedures
 (Ontario)
Government of Canada takes action on COVID-19
Novus Health Webinar: Building Resilience to COVID-19 (English)
Novus Health Webinar: Renforce votre résilience face à la COVID-19 (Français)

Travel
Latest Government of Canada Travel Advice
Destination Canada – COVID-19 Updates

Employment and Social Development Canada
Coronavirus disease (COVID-19)

Other organizations 
Restaurants Canada
Retail Council
Canadian Manufacturers and Exporters
The Conference Board of Canada
Canadian Federation of Independent Businesses— CFIB is opening their Business Helpline to non-CFIB members. For advice managing #coronavirus in the workplace, business owners can call 1-888-234-2232.
Windsor Essex Economic Development Corporation Small Business – COVID-19 BUSINESS IMPACT SURVEY

CHAMBER BUSINESS HELP, NEWS & ARTICLES

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