News & Articles - Coalition of Hardest Hit Businesses

  • Nearly Two-Thirds of Businesses Most Impacted by COVID will not Survive

    Sixty per cent of Canada’s hardest hit businesses will not survive to the end of the year if the Canada Emergency Wage Subsidy (CEWS) and Canada Emergency Rent Subsidy (CERS) supports are not renewed beyond their June 5 deadline. This is according to a March survey released by the Coalition of Hardest Hit Businesses, an industry-driven group of more than 100 stakeholders representing a variety of sectors, including tourism, travel, arts and culture, events and festivals, accommodation and hospitality. “Our…

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  • Feds’ Fiscal Update provides Pandemic Support to Hardest Hit Sectors

    Meetings Mean Business Canada (MMBC) says it’s encouraged by new support measures proposed as part of the federal government’s long-awaited 2020 fall economic update, unveiled Nov. 30 by Finance Minister Chrystia Freeland. “Many in the meetings and business events sector are fighting for survival,” says MMBC chair, Clark Grue. “We’re gratified the government has recognized the economic hardships facing key sectors of the visitor economy. As we go forward, we’re committed to working with government representatives to ensure quick rollout…

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