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October 16th, 2020 | COVID-19 Government and Business Support Updates

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 Ontario Implementing Additional Public Health Measures in Toronto, Ottawa and Peel Region
Government Taking Further Steps to Support Small Business in these Hotspots
In consultation with the Chief Medical Officer of Health, the Public Health Measures Table, and local medical officers of health and other health experts, the Ontario government is introducing additional targeted public health measures in the Ottawa, Peel, and Toronto public health unit regions. These modified Stage 2 restrictions will be for a minimum of 28 days and reviewed on an ongoing basis. Read more here
Ontario Continues to Support Restaurants During COVID-19 Pandemic
Province Helping to Offset Fixed Costs and Permitting Alcohol with Delivery and Takeout Food Orders
The Ontario government is encouraging everyone to support local restaurants and the food services industry during COVID-19. Last week, the province introduced additional targeted public health measures in Toronto, Ottawa and Peel Region in consultation with the Chief Medical Officer of Health and other health experts to help slow the spread of the virus. Over the next 28 days, indoor food and drink service at restaurants, bars and other food and drink establishments in these regions will be prohibited, but they may continue to offer takeout, delivery and outdoor dining. Read more here
New support for Canadian businesses announced by Prime Minister including new commercial rent support (CERS) program and extension of CEWS
October 9, 2020, Ottawa, Ontario. Read more here
Ontario Supports Small Main Street Businesses with $60 Million in Funding through PPE Grant
New measures will help businesses reopen safer, rehire faster and recover from COVID-19
The Ontario government is continuing to help businesses rebuild, reinvest and create good jobs across the province. Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction, announced Ontario's Main Street Recovery Plan and intends to introduce the Main Street Recovery Act, 2020, proposed legislation that would support small businesses and modernize rules to allow them to innovate and meet the challenges of today. If passed, the act will remove hurdles faced by small businesses and allow them to pursue new opportunities — while maintaining or enhancing protections for public health, safety and the environment. Read more here
Ontario Economic Report Fall 2020 Survey Round 2
CWCC and the Ontario Chamber of Commerce are looking for your insight on important issues such as business confidence, pandemic recovery, mental health, and climate change. We are launching the second of three surveys for this year’s Ontario Economic Report. We are committed to ensuring that government understands the issues impacting business in this province. That’s why we need your help to express the voice of business loud and clear at Queen’s Park. The data generated from these micro-surveys is presented on the OCC website in an interactive and dynamic format after each round of surveying is complete. Share your views by taking this short three-minute survey here.
Register Today! The Future of Institutional Investing in Canada: Ontario Economic Series #OES2020
There has never been a more important time for visionary leaders from the public and private sector to meet to find solutions to rebuild our future and our economy. Join us for a thought-provoking panel of top pension fund CEOs discussing the future of institutional investing, including:
  • Blake Hutcheson, President and Chief Executive Officer, OMERS
  • Jo Taylor, President and Chief Executive Officer, Ontario Teachers’ Pension Plan
  • Jeff Wendling, President and Chief Executive Officer, Healthcare of Ontario Pension Plan
Read more and register here
What the U.S. election means for Canadian entrepreneurs
The U.S. presidential election on November 3 is dominating media attention. The candidates and their respective parties are proposing very different economic visions whose impact will go well beyond their country's borders.
In this economic letter, BDC looks look at the state of the race to date, the different positions defended by Donald Trump and Joe Biden and their implications for the Canadian economy. Read more here
BusinessGraphic_002_Ontario Helps Keep Energy Costs Low for Families, Small Businesses and Farmers
The Ontario government is helping to keep the cost of energy low for families, small businesses and farmers by keeping electricity rates stable and providing customers with more choice and energy assistance programs.
Customers eligible for the Ontario Electricity Rebate (OER) will automatically receive a 33.2% reduction off their energy bill when new electricity rates for Regulated Price Plan (RPP) customers come into effect November 1, 2020. At the same time, customers paying Time-of-Use (TOU) rates under the RPP will also have the option to switch to tiered rate pricing.
Read more here
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