The Government of Canada has created an interactive website to help businesses pinpoint the support available to them during the pandemic.

The website asks questions surrounding the type of support you need for your business, the specific amount that would help you, and your main goals in seeking this support. To access the Innovation Canada Interactive Website, click here.

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The Canada Enterprise Emergency Funding Corporation (CEEFC) and Canada Development Investment Corporation’s (CDEV) have been mandated to assist the Canadian Government as a part of their COVID-19 Economic Response Plan to implement the Large Employer Emergency Financing Facility (LEEFF).

LEEFF will be open to Canadian employers who (a) have a significant impact on Canada’s economy (as demonstrated by having significant operations in Canada or can generally demonstrate approximately $300 million+ in annual revenue); (b) can generally demonstrate approximately $300 million or more in annual revenues; and (c) require a minimum loan size of about $60 million.

For more information, such as the LEEFF application process for qualifying enterprises, a LEEFF Factsheet, or to read the entire statement, click here.

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The Washington-based Canadian American Business Council launched a new online campaign last week to convince states, provinces, and federal officials on both sides of the border to team up in the economic recovery of North American businesses.

The primary goals of the “North American Rebound” campaign are to secure personal protective equipment, replenish and maintain each other’s medical stockpiles, and defend cross-border supply chains. In many ways, the effort is an early hedge against the perils of protectionism.

Kathryn Friedman, a law professor and Canada-U.S border expert on the Buffalo campus of the State University of New York states: “Given that now there’s a real push for companies to bring suppliers back home, to really get out of China and reshore back in the United States or Canada, there’s a real opportunity for places like Detroit-Windsor, Buffalo-Niagara, maybe even Seattle-Vancouver, to position themselves as a new platform in each region for reshoring of supply chains.”

The campaign has an online portal that allows supporters to add their names to the effort. 

To read the full article by Inside Logistics, click here.

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On Tuesday, June 2, Kate Young, MP for London West will lead a virtual town hall with the Sarnia-Lambton Chamber of Commerce. MP Young is Parliamentary Secretary to Minister Joly, Economic Development.

During this town hall, Ms. Young hopes to receive feedback from Chamber members and the Sarnia-Lambton business community. In particular, Ms. Young will talk about the Regional Relief and Recovery Fund – a $252 million dollar funding package for the Federal Development program for southern Ontario which is being delivered by regional development agencies (RDAs) to help more businesses and organizations in sectors across the economy such as manufacturing, technology, tourism, and others that are key to the regions and local economies.

Click here to register.

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Business After 5 is back! Join Tourism Sarnia-Lambton as they host our first virtual BA5 on May 27 at 5:00 pm.

Business After 5 is one of the SLCC’s signature networking events. This will be our first virtual BA5. To register, click here.

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In light of the current pandemic, Tourism Sarnia-Lambton wanted to share a reassuring message “This will pass, and we will be here waiting for you”. The video shares beautiful images of families and friends across Lambton County enjoying some of the local attractions: Walks under the Bluewater Bridge, Camping at the Pinery, and Shopping at the Farmers Market to name a few. The video also features individuals enjoying time in their respective homes.

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From Left to Right: Vicky Praill and Beverley Horodyski

Thank you Tourism Sarnia-Lambton for reminding us that this time can be used to rest and recharge, and when all this passes, the Blue Coast will still be here to re-discover and explore!

 

 

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Canada Post is offering free postage to small businesses on a one-time mail-out of 6,000 pieces. The offer starts on May 25 and ends on August 31. This is for Neighbourhood Mail on 50g weight (i.e: postcard size). Your cost will be on the print and prep to Canada Post. You can supply the artwork or Key Contact can create the artwork for a fee.

If you wish to do more than 6,000 pieces, postage would be added for the extra pieces. Contact Pat Lariviere from KeyContact PLariviere@KeyContact.com for more information. 

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Prime Minister, Justin Trudeau announced an expansion to the eligibility criteria for the Canada Emergency Business Account (CEBA) to include many owner-operated small businesses. This extended measure will help small businesses protect employees and the jobs they rely on.

The program is now available to sole proprietors receiving income directly from businesses that rely on contractors, and family-owned corporations that pay employees through dividends.

This measure is part of the Government of Canada’s COVID-19 Economic Response Plan, which is putting Canadians and the protection of middle class jobs first.

To read the full statement, click here.

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In a statement made on May 16, the Honourable Minister Mary Ng of Small Business, Export Promotion and International Trade, announced that the Government of Canada will provide $15 million in additional funding to support women entrepreneurs through the Women Entrepreneurship Strategy (WES).

This investment will help thousands of women entrepreneurs and business owners navigate the crisis, ensuring they get the support they need through things like business workshops, mentorship, and skills training to adapt to a digital marketplace.

Empowering women-owned businesses across Canada remains a key priority and the government will continue working hard to ensure women entrepreneurs are supported through the pandemic and into the recovery phase.

To read the full statement, click here.

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On Tuesday, May 19, it was announced that the closure of the Canadian and United States Border would be extended an additional 30 days to June 21. The conditions of the closure remain unchanged, which bans all non-essential travel.

To read the full statement, click here.

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