May 4th, 2020
You are not in this alone. Help is just a few clicks away!
The District of Yarmouth
Council has stayed interest charges on all outstanding taxes and fees for the months of March and April. Currently, they are reviewing a draft policy which will provide for temporary property tax relief. Please stay tuned for program details.
In the meantime click HERE for the CJLS interview with NSFM President Pam Mood where she discusses these efforts.
Your Community and Economic Development Officer has been working closely with the local partners below, reaching out to local businesses disseminating Covid-19 governmental program information and fielding calls on specific programs.
Western Regional Enterprise Network (WREN)
The WREN has been instrumental in communicating regional concerns to government agencies and has been hosting virtual meeting attended by local action team members. They, in turn, disseminate pertinent information to the local businesses. In that vein, the WREN has been updating their Covid-19 web page daily resulting in it becoming the go to source for the region. Please check it often for the latest updates (Click HERE).
If you are gearing up to open your business, you are encouraged to check out WREN’s FAQ page (found HERE) that has links to the Canadian Centre for Occupational Health and Safety guidance sheets. These sheets detail what is necessary to be able to operate your business under the new Covid-19 safety procedures.
Yarmouth Area Chamber of Commerce (YACC)
Before the pandemic members were offered courses and seminars to help them run their businesses.
Since the beginning of this crisis the YACC has been front and center providing information, not only to its members, but to the general public. Recently they have offered virtual webinars by Grant Thornton and White Perkins on the Canadian Emergency Wage Subsidy program. YACC has made these webinars available to all.
Click on the links to right access the Webinars:
The YACC would like to get your thoughts on how the Covid-19 Response and Recovery Planning is going. Please click HERE to access the online survey. This is the chance to voice your opinion on the government efforts taking place.
The CBDC is offering two training sessions in May free of charge to everyone.
The first training session "Coping with Covid-19", will be presented by Debi Peverill.
Details and sign-up can be found HERE.
The second training session, "Social Media in the age of Covid-19" will be presented by Ingrid Deon.
Details and sign-up can be found HERE.
Space is limited so sign up soon!
Newly minted governmental programs have been rolling out over the last two weeks- all with the aim of helping businesses struggling during this pandemic. Predictably, many business have slipped through the cracks. In an effort to help, the Province has introduced the Small Business Loan Guarantee Program: Covid-19 Stream which will be administered by local participating credit unions.
The deadline for application is June 30, 2020.
Eligible applicants may qualify for a maximum loan of $25,000 in the form of a term loan of up to 10 years, or a line of credit of up to seven years. No payments are due until June 30, 2020.
“Upon approval, businesses will receive a grant up to $1,500, as well as a Business Continuity Voucher of up to $1,500, to help hire a private consultant for advice and support in adapting or recovering from the impacts of COVID-19. The Voucher Program will be open until May 29, 2020 and all projects funded under the Voucher Program must be completed by July 3, 2020.”
Please click HERE for more information and eligibility requirements on this particular program and for information on several others. Access to the online form for the Small Business Loan Guarantee Program: Covid-19 Stream can be found HERE.
The Federal Government
The Federal government is announcing programs weekly. Please visit the link below to see what is current available: https://www.canada.ca/en/department-finance/economic-response-plan.html