Business News
The Southeast Alberta Chamber Business News page has everything to offer from advocacy efforts, business news and resources, Chamber updates and stories, Alberta Chamber updates as well as Canadian Chamber updates. As a result the Chamber 'News' page also holds our weekly blog called 'the Voice' which is posted every Monday updating you with Advocacy, Local News, Economic impacts, Important funding and so much more all in one place. Subscribe today so you get 'the Voice' every Monday the second it comes out!
Daily COVID-19 Update: April 29, 2020
Supports for Business Additional Municipal Supports Expected to be Released Soon The City of Medicine Hat announced that the municipal relief package is expected to be outlined at the Council meeting on May 4th. Options being considered are both tax deferrals and economic stimulus. Canada Emergency Commercial Rent Assistance (CECRA) Portal The Canada Mortgage and…
Business Beat: The Impact of COVID-19 on Small Business and What the Chamber Is Doing To Help
Over 96% of businesses in our region are small businesses and through provincial survey data, over 50% of businesses had to lay off employees, with the same number having used up most of their cash reserves. There are concerns about mid- to long-term impact, particularly with an extended shut down and slow recovery. For 70%…
Daily COVID-19 Update: April 28, 2020
Supports for Business Criteria for Restarting the Economy Since the start of the COVID-19 pandemic, all orders of government have been working together to slow and contain the spread of the virus. As the first wave of the virus’ activity passes, provincial and territorial governments will move at their own pace to safely restore economic…
Daily COVID-19 Update: April 27, 2020
Supports for Business Canada Emergency Wage Subsidy: Applications Open The Government of Canada is now accepting applications for the Canada Emergency Wage Subsidy. Applications can be made through your ‘My Business Account’ or ‘Represent a Client’ (for tax preparers) portals. Alternatively, businesses may apply via the CRA website with their access code. There is no…
Daily COVID-19 Update: April 24, 2020
Supports for Business Canada Emergency Commercial Rent Assistance Prime Minister, Justin Trudeau, announced that the federal government has reached an agreement in principle with all provinces and territories to implement the Canada Emergency Commercial Rent Assistance (CECRA) for small businesses and the province of Alberta is on board with a $67million commitment. The program will…
Daily COVID-19 Update: April 23, 2020
Supports for Business Get Ready…The Canada Emergency Wage Subsidy opens Monday The CRA will open the application process for the Canada Emergency Wage Subsidy on April 27, 2020 and claims will be subject to verification by the CRA. The CRA will begin to release funds for approved applications on May 5, so make sure you…
Daily COVID-19 Update: April 22, 2020
Supports for Business Statement on joint WTO efforts for Agriculture and Agri-food Today, Canada and 23 WTO members signed onto a joint statement to reinforce international cooperation on trade in agricultural and agri-food products. To help ensure well-functioning global agriculture and agri-food supply chains in response to this crisis they committed to a number of…
Daily COVID-19 Update: April 21, 2020
Supports for Business Canada Emergency Wage Subsidy Calculator Now Available Employers will be able to apply for the Canada Emergency Wage Subsidy starting on Monday, April 27th. To prepare in the meantime, a Canada Emergency Wage Subsidy calculator has been made available online by the federal government. If you qualify for this benefit you can…
Daily COVID-19 Update: April 20, 2020
Supports for Business Prime Minister announces support for Indigenous businesses Prime Minister, Justin Trudeau, announced up to $306.8 million in funding to help small and medium-sized Indigenous businesses, and to support Aboriginal Financial Institutions that offer financing to these businesses. The funding will allow for interest-free loans, as well as non-repayable contributions, to help Indigenous…
Daily COVID-19 Update: April 17, 2020
Supports for Business Federal Government Announces Targeted Industry Supports New federal support to businesses and organizations dealing with the economic impacts of COVID-19 were announced today. The Government of Canada will provide over $1.7 billion for targeted measures, including: $675 million to give financing support to small and medium-sized businesses that are unable to access…