CONNECT. COMMUNICATE. COLLABORATE.
Last updated: May 13
Province of BC announces Restart BC Plan. Learn more
Information and Resources to return to opening and safe operations. Learn more
Canada Emergency Wage Subsidy has been extended to August 29. Learn more
Canada Emergency Commercial Rent Assistance program provides loan to property owners to cover 50% of rent payments. Learn more.
Road to Recovery
You can now apply for the Canada Emergency Wage Subsidy, which will be extended past June.
A range of official resources are detailed in the tabs below, along with guides and FAQs to help your business.
Please reference the information below and observe and communicate the recommended protocols.
Please reference the most up-to-date information from official / government agencies.
WorkSafe BC – reopening and safe operations
Helps small businesses with their rent for April, May and June by reducing rent by 75% for small businesses that have been severely impacted by COVID-19 and pay less than $50,000/month in rent. Funds are expected to flow starting mid-May
Canada’s largest financial institutions as well as some credit unions are working with small business banking customers on a case-by-case basis to provide flexible financing solutions such as:
Western Economic Diversification Canada can help businesses access federal funding and provide advice on other federal programs and services. Tourism operators or small- or medium- sized organizations that are impacted by COVID-19 and have received RDA funding may be eligible to receive additional funding and/or flexible arrangements.
The provincial government is extending tax filing and payment deadlines to September 30th, 2020, including:
Additional Provincial Measures
To support businesses and help prevent layoffs, the government is providing eligible business and non-profits a temporary wage subsidy for a period of three months. The subsidy has been increased to 75% (from the initial 10%) retroactive to March 15, 2020.
The Work Sharing Program helps eligible employers to retain skilled employees and workers to remain employed.
Canada Emergency Response Benefit will provide individuals $2,000 per month for four months to wage earners, contract workers, and self-employed individuals due to disruption in income, sickness, quarantine, taking care of those with COVID-19, and working parents needing to stay at home with children.
Enhanced Canada Child Benefit For those that are eligible for the Child Tax benefit, there will be an additional $300 per child available on top of what is already received.
Employment Insurance changes to the EI program include waiving the one-week waiting period for and priority application processing for COVID-19 related claims.
GST Credit: Credits available will be increased up to $400 for single adults and $600 for couples (more details will be available closer to the rollout date).
This is a 1-time $1000 tax-free payment for any British Columbian whose income is impacted by COVID-19. Eligible individuals include those that receive federal EI or the new federal Emergency Care Benefit — linked to the federal government’s new EI rules in response to the pandemic.
Boosting the Climate Action Tax Credit
Eligible families of four will receive up to $564 and eligible individuals will receive up to $218 in an enhanced payment. This will help complement federal income supports for those struggling with job loss reduced income or increased costs.
Support for Renters and Homeowners
The provincial government, working with banks and credit unions, will ensure mortgage deferral options are available as well as enhanced support for rentals via Shelter Aid For Elderly Renters (SAFER) and Rental Assistance Program (RAP).
Additional Provincial Measures
The COVID-19 Customer Assistance Program provides customers the option to defer bill payments or arrange for flexible payment plans with no penalty. Customers are encouraged to call BC Hydro’s customer team at 1 800 BCHYDRO (1 800 224 9376) to discuss bill payment options.
FortisBC will be waiving late payment fees and ensuring no customer is disconnected from the energy they need for financial reasons. They will also be available to help their customers with flexible payment options. To learn more about what FortisBC is doing visit their COVID-19 page or call Fortis at 1-866-436-7847 for electricity and 1-888-224-2710 for natural gas.
Vancity Credit Union
Vancity Credit Union is helping their customers through this difficult time by offering to:
Learn more about what they are doing on their website here.
Hootsuite is offering free access (until July 1st, 2020) to their Professional Plan to help small businesses and non-profits stay connected to their customers and audiences. To learn more or signup visit their website here.
Canadian Mortgage & Housing Corporation is working to address mortgage payment difficulties.
Small businesses are the backbone of our economy. Now, more than ever, Squamish businesses need your continued support. There are many ways you can show your support, from ordering online to leaving a review. Learn more here.
The BC chamber network will be conducting regular ‘pulse checks’ every two weeks on BCMindreader.com, to find out how businesses are faring, and how their needs are evolving. This information will inform ongoing recommendations to government—powered by our biggest and broadest business network.
April 21, 2020 The COVID-19 crisis is deepening for British Columbia businesses with…
April 3, 2020 The COVID-19 crisis is significantly hurting British Columbia businesses…
Thank you for your spectacular engagement in the BC chamber network COVID-19 Business Impact Survey that ran March 13-18.
We received an unprecedented 7,900+ responses. You can be proud – and know with confidence – that there is no more definitive business community “pulse check” in the province right now.
Here’s the quick analysis, with Squamish comparisons to the side:
These insights have been sent to both the federal and provincial government – and the intelligence you shared with us is helping shape how government reacts to this pandemic crisis in real time.
If you have not done so already, we encourage you to follow the Squamish Chamber on facebook as this will be our quickest and most nimble communication tool (@squamishchamber). Sign up for our newsletter by emailing email@example.com.
As of March 17, the Squamish Chamber is working remotely, enabling our organization to continue with important operations and communication.
What this means:
CONNECT. COMMUNICATE. COLLABORATE.