Posted on Dec 22, 2020
New Supports for New Small Business So They Can Make it Through the Second Shutdown
Alberta’s NDP, the owners of new small businesses and sole proprietors are calling on the UCP Government to provide critical supports to help them survive the COVID-19 pandemic.
New small businesses that opened after February do not qualify for the Provincial Small and Medium Enterprise Relaunch Grant, or the Federal Canadian Rent Subsidy and Canadian Emergency Wage Subsidy because they do not have past revenue statements to prove a drop in earnings. Any business that began operations in March or later are not eligible.
The Alberta NDP is calling on the UCP government to provide needed financial support for new small businesses by implementing the following:
- Immediately allow new businesses access to the full $20,000 dollars available through the Small and Medium Sized Business Relaunch Grant.
- Create rent subsidy and wage subsidy programs for new businesses who do not qualify for federal support because they do not have the past revenue requirements.
“These small businesses have been operating for months without support. Jason Kenney’s mismanagement of the COVID-19 has caused them to be heavily restricted or even shut down. This government had months to develop supports for new businesses but they still have not received a penny.” - Rod Loyola