CEWS legislation receives Royal Assent

Bill C-20,  An Act respecting further COVID-19 measures , received Royal Assent this week, ensuring that the Canada Emergency Wage Subsidy (CEWS) will continue to protect jobs by helping businesses keep employees on the payroll and encouraging employers to re-hire workers previously laid off. 

Over $95 million in relief and recovery funds flow to businesses in Western Canada

The Honourable Mélanie Joly announced over $95,136,762 in support to help over 1,767 businesses that were unable to access existing Government of Canada COVID-19 relief measures. This is the first funding from WD to flow from the Regional Relief and Recovery Fund.

Safe Restart funding details

The Government of Canada will provide $4.28 billion to further expand testing and contact tracing capacity, and the associated data management and information sharing systems. This funding will ensure a national capacity to conduct 200,000 tests per day to help manage COVID-19 outbreaks over the coming year. Canada will also provide $7.5 billion towards personal protective equipment.

The Canada Revenue Agency announces an extension to the payment deadline and offers interest relief on outstanding tax debts during the COVID-19 pandemic

In addition to   measures already announced , the CRA is extending the payment deadline and applying relief to interest on existing debt.

The Government of Canada providing funding to support child care for returning workers

The federal government announced $625 million in federal support for Canada’s child care sector to help ensure that safe and sufficient child care spaces are available to support parents’ gradual return to work.

Billion-dollar investment to help Alberta municipalities create jobs and cope with COVID-19

Municipalities will receive $1.1 billion to build core infrastructure that will get Albertans working, support municipal and public transit operating costs and create thousands of good-paying jobs now.

New opportunities for Alberta’s livestock sector

Amendments to the Meat Inspection Regulation will cut red tape and provide Albertans with greater access to locally produced meat while maintaining food safety.

Taking action to attract job-creating investment

Alberta’s government has appointed seven board members to lead the newly created Invest Alberta Corporation to allow the agency to hit the ground running and attract job-creating investment back to Alberta.

Cutting outdated commercial carrier permits

Alberta’s government is eliminating 10,000 commercial carrier permits to cut red tape for truckers while maintaining safety on provincial highways.

LNG report: Associate Minister Dale Nally

Associate Minister of Natural Gas and Electricity Dale Nally issued a statement about a Conference Board of Canada report on the economic impacts of LNG development.

Canadian Chamber of Commerce launches independent tax review to spur recovery, names leading Canadian experts for public consultations

The Canadian Chamber of Commerce is pressing for a more competitive, simpler and fairer tax system as a critical driver of Canada’s recovery from the economic crater of COVID-19.

ACC in the news

ACC President and CEO Ken Kobly spoke with Danielle Smith about Alberta's reopening, return to work, and the Alberta business community's pessimism in the future.

Ken also spoke with Alberta Primetime about federal funds for western businesses, stimulus funding for Alberta municipalities, and our recent business recovery survey. Interview starts at 11:24.

AWE Regional Relief and Recovery Fund

AWE’s new Regional Relief and Recovery Fund (RRRF) will provide financial support directly to women-owned businesses to address COVID-19 impacts on their short-term stability. This financing will support small enterprises that are struggling with working capital needs and are unable to access larger federal relief funding programs or unable to obtain a loan/credit from traditional financial institutions.