Ontario Business Eager for Details

(Toronto – March 29, 2020) – Today, Rocco Rossi, President & CEO, Ontario Chamber of Commerce released the following statement in anticipation of the Government of Canada releasing more details about the federal relief packages for small business:

“Ontario business is eager for the details. We need to see firm qualifiers, so that neither business owners nor workers are left behind. We hope Canada follows the lead of other countries that have not limited their wage subsidy to the small business tax threshold, to ensure medium-sized businesses are also supported.

“We have asked the federal government to not leave out charities and not-for-profits in their increased wage subsidy. They are important economic drivers and were included in the 10 percent subsidy qualification process.

“We call on the federal government to provide clarity on what they will do for businesses that have already terminated employees or invested significant expense to wind down operations. While we sincerely appreciate that the Government of Canada continues to listen and adapt to the many measures that we and other business organizations have been calling for, we cannot forget that difficult decisions have already been made.”

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About the Ontario Chamber of Commerce
For more than a century, the Ontario Chamber of Commerce (OCC) has been the non-partisan, indispensable partner of Ontario business. The OCC’s mission is to support economic growth in Ontario by defending business priorities at Queen’s Park on behalf of its network’s diverse 60,000 members.

For more information, please contact:
Michelle Eaton
Vice President, Public Affairs
Ontario Chamber of Commerce
michelleeaton@occ.ca | 647-261-4594