GREATER VICTORIA CHAMBER
Join Now
Member Login
  • Membership
    • Why Join?
    • Job Board
    • Member to Member Offers
    • Benefits, Discounts & Savings >
      • Chamber Store
    • Chamber Local
    • 1863 Impact Award
    • Questions & Answers
    • Join Now
    • Member Login
  • Member Directory
  • Events
    • Signature Events >
      • Annual Auction
      • Business Awards
      • Business Hall of Fame
      • Business Leaders Series
    • Event Calendar >
      • Chamber Events
      • Community Events
    • Event Photos 2023
    • Sponsorship
  • News & Advocacy
    • Weekly BizNews >
      • BizNews-articles
    • Advocacy / Wins for Business >
      • Advocacy Wins
      • Business Property Taxes
      • Advocacy Priorities
    • Chamber Chats
    • In the News >
      • Published Op-Eds
      • Media Releases
    • Non-market housing
    • Find and keep workers
    • Business Matters Magazine
    • COVID-19
  • 1863 Home
  • About Us
    • Emerge >
      • Emerge Events
      • Emerge Mentorship
      • Emerge Connect
    • Staff Directory
    • Board & Governance >
      • Governors
      • By-Laws, Plans & Reports
      • Committees
    • Chamber History
    • Partners & Sponsors
    • About Victoria >
      • Starting a Business
      • Moving Here
      • Visiting Victoria, BC
    • Contact Us

BizNews Advocacy

Subscribe to BizNews
BizNews email Archive

With rent due tomorrow, no new relief in sight

9/30/2020

0 Comments

 
The Chamber is adding our voice to calls for a better approach to helping businesses struggling to pay their rent. The Canada Emergency Commercial Rent Assistance (CECRA) program runs out today, and there is still no plan to replace it. CECRA never really provided the urgent help needed by many businesses. It was complicated and restrictive, and failed to consider that businesses need to plan over a longer-term than month-to-month. The sudden end of the program will also hurt businesses that are seeing improved revenue but are not back to pre-pandemic levels.
 
"We know that economic recovery is being led by businesses that are able to find innovative ways to adapt and carry on, but many businesses will need time as they slowly return to the level of activity they need to cover their hard costs," Chamber CEO Bruce Williams says. "In Greater Victoria, our tourism and hospitality sectors especially need help to survive the devastating loss of business that resulted from the ban on international visitors."
 
The Chamber is calling on the federal government to work with the provinces on an improved plan to provide long-term help for businesses struggling to pay commercial rent. Governments had time over the summer to learn from those landlords and tenants who were able to make use of CECRA, as well as those that couldn't make the program work.
0 Comments



Leave a Reply.

    Categories

    All
    Business And Economic Strength
    Chamber Awareness
    Climate Change Solutions
    COVID
    Fair Rules
    Federal Government
    Finding And Keeping Workers
    Food Security
    Global Uncertainty
    Hospitality And Tourism Rescue And Recovery
    Immigration And Integration
    Indigenous Business Support And Reconciliation
    Inflation And Rising Costs
    Local Government
    New And Established Businesses
    Provincial Government
    Safe Communities
    Streamlined Regional Regulations
    Training And Microcredentials
    Transportation Options

Picture
​Copyright © 2021 Greater Victoria Chamber of Commerce.  All rights reserved. 
​#100 – 852 Fort St., Victoria, BC V8W 1H8, Canada   |   Phone: (250) 383-7191 

chamber@victoriachamber.ca   |  Site Map
Greater Victoria Chamber of Commerce
Notice a typo or broken link? Please let us know so we can fix it ASAP. Email communications@victoriachamber.ca
  • Membership
    • Why Join?
    • Job Board
    • Member to Member Offers
    • Benefits, Discounts & Savings >
      • Chamber Store
    • Chamber Local
    • 1863 Impact Award
    • Questions & Answers
    • Join Now
    • Member Login
  • Member Directory
  • Events
    • Signature Events >
      • Annual Auction
      • Business Awards
      • Business Hall of Fame
      • Business Leaders Series
    • Event Calendar >
      • Chamber Events
      • Community Events
    • Event Photos 2023
    • Sponsorship
  • News & Advocacy
    • Weekly BizNews >
      • BizNews-articles
    • Advocacy / Wins for Business >
      • Advocacy Wins
      • Business Property Taxes
      • Advocacy Priorities
    • Chamber Chats
    • In the News >
      • Published Op-Eds
      • Media Releases
    • Non-market housing
    • Find and keep workers
    • Business Matters Magazine
    • COVID-19
  • 1863 Home
  • About Us
    • Emerge >
      • Emerge Events
      • Emerge Mentorship
      • Emerge Connect
    • Staff Directory
    • Board & Governance >
      • Governors
      • By-Laws, Plans & Reports
      • Committees
    • Chamber History
    • Partners & Sponsors
    • About Victoria >
      • Starting a Business
      • Moving Here
      • Visiting Victoria, BC
    • Contact Us