Winnipeg corporations take part within the metropolis’s scholarship program

Links to the breadcrumb trail

Author of the article:

Josh Aldrich The town hall. The town hall. Photo by Jason Halstead /Winnipeg sun

Article content

The need for financial assistance for Winnipeg businesses was underscored by the almost immediate full prescription of the city’s $ 3 million grant program for economic assistance.

advertising

This ad hasn’t loaded yet, but your article continues below.

Article content

During a meeting of the Standing Political Committee on Finance on Friday, the administration revealed that the program, which does not end before July 31, had already approved 1,952 applications, with 80 more currently under consideration – 478 applications were also found to be ineligible classified. The program makes $ 1,500 each available to 2,000 eligible companies through the Federal Safe Restart program. So far, the city has received 2,510 applications for funding. This is the second implementation of the program for the city.

“Unfortunately, it doesn’t surprise me, companies and nonprofits have made it clear that they continue to struggle with health regulations,” said Coun. Scott Gillingham (St. James), Chairman of the Finance Committee. “There are certain sectors of our economy that are feeling the devastating effects more than others.”

advertising

This ad hasn’t loaded yet, but your article continues below.

Article content

The announcement came about 24 hours after the province announced its long-awaited reopening plan, which contained few details.

The provincial reveal on Thursday came with no clear information about what exactly can be opened and how, with the plan tied solely to compliance with vaccinations for the first and second dose, but without sector-specific details or how other important COVID- 19 indicators to affect health will -opening.

“I understand this is related to vaccine uptake, people on their second dose, which means we can lift all restrictions, but companies need reassurance and a definitive plan as to when they can reopen and be back in full operation . Said Gillingham.

Some businesses such as theaters and live entertainment venues have been closed since November, while event-related businesses have essentially closed with convention caps as well. Others, like the restaurant industry, were mostly closed to any dine-in service outside of a few months this spring, but even then had severe restrictions, including ensuring people came from the same households. They were closed again on Mother’s Day weekend and only opened for take away and delivery service.

advertising

This ad hasn’t loaded yet, but your article continues below.

Article content

The reopening plan also got by without additional support for companies.

Much of the province’s business support currently revolves around re-employment programs, including for students, similar to those they had after the first wave of the pandemic last summer. The province has received four tranches of the Bridge Grant, each of which deposited $ 20,000 directly into eligible companies’ bank accounts, but the final installment expired in late May and has not been renewed.

Business organizations like the Manitoba Chamber of Commerce have called for some form of direct cash assistance to help companies that are maximizing their debt get to the finish line where they can reopen their doors.

“The top levels of government, provincial and federal, are the levels of government more capable than the city of supporting local businesses,” said Gillingham. “I applaud the economic support, the business support that the province has provided so far, but I think what companies ultimately need is the support to get them through this pandemic and they need certainty and clarity about the reopening plan. “

[email protected]

Twitter: @ JoshAldrich03

click here to sign up for our daily newsletter.

Share this article on your social network

advertising

This ad hasn’t loaded yet, but your article continues below.

By clicking the registration button, you agree to receive the above newsletter from Postmedia Network Inc. You can unsubscribe at any time by clicking the unsubscribe link at the bottom of our emails. Postmedia Network Inc. | 365 Bloor Street East, Toronto, Ontario, M4W 3L4 | 416-383-2300

Comments

Postmedia advocates a lively but civil discussion forum and encourages all readers to share their thoughts on our articles. It can take up to an hour for comments to be moderated before they appear on the site. We ask that you keep your comments relevant and respectful. We turned email notifications on – you will now receive an email when you’ve received a reply to your comment, there’s an update on a comment thread you’re following, or when a user you follow follows comments . Check out our Community Guidelines for more information and details on how to customize your email settings.

Comments are closed.