Economic Task Force

Bruce County's Economic Task Force is made up of economic development professionals, business owners, local stakeholders, and municipal staff – all with a mandate to support businesses and guide Bruce County to a thriving economy once again.

Page last updated: April 6, 2020

How has your business been impacted by COVID-19?

Business owners from all sectors are encouraged to take a short survey. The data will be used by the Bruce County Economic Task Force to develop direct supports to help small businesses as well as to advocate to other levels of government for the urgent needs of our business community. Your participation is crucial to our economic recovery. We’re in this together.

TAKE THE SURVEY!

RESOURCES FOR BUSINESS

Temporary Wage Subsidy

Canada has announced an up to 75 per cent wage subsidy for qualifying businesses, for up to 3 months, retroactive to March 15, 2020. This will help businesses to keep and return workers to the payroll. Eligible businesses will need to prove that their revenue has dropped by at least 30%. Wage subsidies will be capped at $847 per week and backdated to March 15. Large and small businesses, non-profits and charities will all be eligible if they meet criteria.

More information is available at Government of Canada's Economic Response Plan: Support to Businesses page.  

Flexibility for corporate taxpayers

New tax filing and payment due dates. The due date for filing individual tax returns has been extended to June 1, 2020. Taxpayers will have until August 31, 2020 to pay any 2019 income tax amounts owed.

Banking

Effective immediately, Bank of Montreal, CIBC, National Bank of Canada, RBC Royal Bank, Scotiabank and TD Bank have made a commitment to work with personal and small business banking customers on a case-by-case basis to provide flexible solutions to help them manage through challenges such as:

  • pay disruption due to COVID-19;
  • childcare disruption due to school closures; or
  • those facing illness from COVID-19.

This support will include up to a six-month payment deferral for mortgages, and the opportunity for relief on other credit products.

More information is available at Canada’s Six Biggest Banks Take Decisive Action To Help Customers Impacted by COVID-19 

Mortgage 

Mortgage deferral information from CMHC

Telecommunications

Rogers fee assistance and changes 

Bell fee assistance and changes

Online webinars to help businesses transition their business model and adapt in uncertain economic times:

Date Time Host and Topic
Monday, April 6, 2020 6:30 - 7:30 pm How do I set up ads on Facebook and Instagram?
Thursday, April 9, 2020 6:30 - 7:30 pm How do I set up Google AdWords and YouTube Ads?
Tuesday, April 14, 2020 6:30 - 8:30 pm How do I engage and retain my staff?

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Coronavirus disease (COVID-19) – Employment and Social Development Canada

Canadian Federation of Independent Business - COVID-19 Frequently Asked Questions

Bruce County Business Support Services - Training, Events and Seminars

Temporary Wage Subsidy for Employers - Link

Special support for entrepreneurs from BDC

Free BDC Webinar: How to cope with the impacts of COVID-19 on your business - March 25, 2020 12:00 p.m. (EDT)

Export Development Canada supports and capital access  

Ontario Federation of Agriculture - Statement on COVID-19 Pandemic

Employee Support - Canadian Agricultural Human Resource Council 

Government Support/Financial Assistance - Farm Credit Canada

Business Support - Canadian Federation of Agriculture

Health Information - World Organization on Animal Health

Agriculture and Agri-Food Canada - Information for Industry

Mental Health and Wellness - OFA Resources

Tourism Industry Association of Ontario - COVID-19 Updates Page

Regional Development Agencies COVID-19 Info sheet

Tourism Industry of Canada - Current situation review and sign up for email updates related to COVID-19 Supports

Destination Canada - COVID-19 Updates 

Pandemic Preparedness for Business - Canadian Chamber of Commerce

Pandemic Preparedness Toolkit for Ontario Businesses - Ontario Chamber of Commerce

Start-up Business Tools and Resources, eg: Cash Flow, Supply Chain - MaRS 

Canadian Chamber of Commerce

 

Canadian Chamber of Commerce - Preparedness Website

Canadian Chamber of Commerce - Pandemic Preparedness Guide

Ontario Chamber of Commerce

Ontario Chamber of Commerce - Pandemic Preparedness Toolkit

Status of Cases in Ontario

Status of Cases in Canada

Southwestern Public Health​: Coronavirus Updates

Ministry of Health: Coronavirus Updates

Advisories

Travel Advisory - Government of Canada

International Travel News - International Air Transport Association

Help Fight Coronavirus. The Province of Ontario and the Government of Canada are looking for help from businesses and organizations who can supply emergency products and innovative solutions to support the response to COVID-19.

Learn how your organization can help.

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PDF icon BC_MR_EconomicTaskForce.pdf183.32 KB

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