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The COVID-19 pandemic is affecting businesses locally and globally. Below are some of the key information tools and resources you may need as you navigate this challenging time: 

Local Business Support

Business support questions?

Georgina's Economic Development team is working remotely and will continue to support businesses during this difficult time by email at ed@georgina.ca. To ask questions over the phone, contact Karyn Stone, Manager of Economic Development and Tourism at 905-476-4301 ext. 2312.

  • Property tax and water bill payment deferral - the Town will not be applying penalties and interest for late payment of property taxes or water bills with April due dates. A property tax deferral program of up to 90 days is also being reviewed.
  • Noise By-law allows for 24-hour service delivery - The Town’s Noise By-law currently meets the requirement to allow all service or delivery trucks, who are providing essential services to continue with their business outside of current daytime hours. This will ensure all essential services and stores will be stocked for our community.
  • The Town is working with other levels of government on financial packages to support our residents and businesses. More information will follow.
  • Georgina's Chamber of Commerce is working with the business community to connect them with the available tools and resources they need now and when the pandemic is resolved. The Chamber is an additional resource to stay connected with as new information emerges.

Regional Support

York Small Business Enterprise Centre (YSBEC) will be moving all in-person consultations to phone consultations. They ask that you stay tuned for more information on their seminars and programs while they evaluate which ones can be delivered online. For upcoming webinars visit their events calendar
 
Phone 1-877-464-9675 ext. 71572 or email ysbec@york.ca to book a consultation. Please provide information about your business, such as where you operate, the reason for the consultation and how they can reach you.  

Economic Response Plan

Visit canada.ca for all up-to-date information from the federal government.

The Government of Canada announced a new set of economic measures to help stabilize the economy during this challenging period. These measures, delivered as part of the Government of Canada’s COVID-19 Economic Response Plan, will provide direct support to Canadian workers and businesses.
 
Support for Canadian workers includes income support and deferred tax filing dates
 
Support for businesses includes:
  • Additional support through Export Development Canada (EDC) through loans, guarantees or insurance plans.
  • A 75 per cent temporary wage subsidy for eligible businesses (all businesses and non-profit organizations) to help employers keep and return workers. The subsidy is for those who have experienced a 30 per cent decline in business. Details will be announced shortly. 
  • Income tax deferral with no interest or penalties.
  • Introduction of the Business Credit Availability Program (BCAP) that will provide more than $10 billion of additional financing to customers facing economic challenges.
  • Launch of the Insured Mortgage Purchase Program (IMPP) which will provide long-term stable funding to banks and mortgage lenders.
An additional $55 billion was also announced to meet liquidity needs of Canadian businesses and households through tax deferrals to help stabilize the economy. Combined, this $82 billion in support represents more than 3 per cent of Canada’s GDP.
 

News and Updates

March 27, 2020
Federal Government to boost payroll subsidy - The federal government is increasing a payroll subsidy to small business to thwart layoffs due to COVID-19. Prime Minister Justin Trudeau says the government will now cover up to 75 per cent of salaries, a major increase over the original 10 per cent subsidy plan.
March 25, 2020 
Government introduces Canada Emergency Response Benefit to help workers and businesses - The government has proposed legislation to establish the Canada Emergency Response Benefit (CERB). This taxable benefit would provide $2,000 a month for up to four months for workers who lose their income as a result of the COVID-19 pandemic. The CERB would be a simpler and more accessible combination of the previously announced Emergency Care Benefit and Emergency Support Benefit.
March 25, 2020 
Ontario's Action Plan released - includes $7 billion in additional resources for the health care system and direct support for people and jobs. It also will make available $10 billion in support for people and businesses through tax and other deferrals to improve their cash flow, protecting jobs and household budgets.
March 25, 2020 
Stop the Spread Business Information Line Now Open at 1-888-444-3659 - The province has launched a toll-free line 1-888-444-3659 to provide support to Ontario businesses who have questions about the province's recent emergency order to close at-risk workplaces following recommendations by Ontario's Chief Medical Officer of Health.
March 23, 2020 
Ontario Orders the Mandatory Closure of All Non-Essential Workplaces to Fight Spread of COVID-19 - To further contain the spread of COVID-19, the Ontario Government will order the mandatory closure of all non-essential workplaces effective as of Tuesday, March 24th at 11:59 p.m.
March 23, 2020 
$5 Billion in support for farmers and agri-food businesses - Farm Credit Canada will receive support from the Government of Canada that will allow for an additional $5 billion in lending capacity to producers, agribusinesses, and food processors.
March 21, 2020 
Ontario Urges Business to Join the Fight Against COVID-19 - Ontario Urges Business to Join the Fight Against COVID-19
 

Webinars

Managing the impact on global supply chains (on demand) - Export Development Canada (EDC)
How to cope with the impacts of COVID-19 on your business (on demand) - Business Development Bank of Canada (BDC)
COVID-19 A Strategic Approach for Tourism (April 3) - Central Counties Tourism