Good Morning All, Please note that I've included our MP Julie Dabrusin and our MPP Peter Tabuns in the top send line of this email. We've all been waiting for the PM to make some announcements this week on expanding financial help for small and medium businesses. Here is the information that he presented this morning: 1. The $40K Emergency Loan This program has been expanded to be more inclusive. The change includes: - Any business who had payroll in…

Hi All, Sorry, I know this is my 4th email to you all today but.... 2 of our area business members sent me the information and request contained in the email below. The original email is from Save Small Business and I know that many of you have signed petitions and have been following their work. They are urging small business owners across Canada to send a letter via email to the Prime Minister and Finance Minister. The email below…

Hi All, This morning Councillor Fletcher and MPP Peter Tabuns held a Zoom Media Conference and included on the panel was our Board Treasurer, Philip Kocev (iPro Realty). The purpose of this media conference was to push the message that commercial businesses and landlords need financial relief. There were a number of media outlets participating. Below is a link to a Toronto Star article posted after the conference; and, we are doing a number of interviews this afternoon with CTV,…

Good Afternoon All, As many of you know we have been working closely with the other BIAs’ across Toronto to voice the needs of small businesses and landlords and the challenges you all are facing in light of COVID-19. We have created a quick survey to get a pulse of who was able to make April’s rent and what challenges you foresee in the coming months. Please take a moment to complete this survey – your input is important to…

Good Afternoon All, The Prime Minister returned to his daily briefings today so below please find some updates from him and other information: 1. 75% Wage Subsidy: Most of you know that the House and Senate sat this past Saturday and have approved the 75% wage subsidy. According to the PM this morning this program will be rolled out as quickly as possible. He didn't give a specific date on the roll-out but we will let you know as soon…

Good Afternoon All, Here is the information and updates that I have for you today (Friday): 1. Canadian Emergency Business Loan Program: - Banks opened their portal for this loan yesterday - The eligibility parameters have not changed - payroll minimum is still set at $50k - If you are eligible for this loan and apply for it apparently you will receive the money within a few days. - We are still urging our MP to push to amend the…