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Covid-19 - Update #63

MUNICIPAL UPDATES

On Thursday, May 14th, the Provincial Government announced that certain outdoor recreational amenities would be allowed to reopen today, Tuesday, May 19th. Town of Carleton Place staff are in contact with the local Health Unit to establish guidelines and procedures for the reopening of these amenities in a way that will provide a safe environment for the community. Please stay tuned for further announcements.

 

FEDERAL GOVERNMENT UPDATES

Prime Minister Trudeau announced an expansion to the eligibility criteria for the Canada Emergency Business Account (CEBA) to include many owner-operated small businesses.

 

PROVINCIAL GOVERNMENT UPDATES

 The Ontario government is protecting the health and safety of students during the COVID-19 outbreak by keeping schools closed for the rest of this school year. At the same time, the government is planning for the reopening of schools for the 2020-21 school year, the gradual reopening of child care, and the opening of summer day camps subject to the continuing progress in trends of key public health indicators.

The Ontario government, in consultation with the Chief Medical Officer of Health, has extended all emergency orders currently in force until May 29, 2020 which includes the closure of bars and restaurants except for takeout and delivery only, restrictions on social gatherings of more than five people, and staff redeployment rules for long-term care homes and congregate settings like retirement homes and women's shelters.

Dr. Merrilee Fullerton, Minister of Long-Term Care announced that the Provincial government will be launching an independent commission into Ontario's long-term care system beginning in September.
 

 

OTHER UPDATES

Valley Heartland Community Futures Development Corporation

To offer additional support to businesses, the organizations that support them and the communities in which they operate, the Government of Canada announced over $1.7 billion in additional funding for targeted measures. This includes the new national $962-million Regional Relief and Recovery Fund, which provides $675 million in financing support to small- and medium-sized enterprises (SMEs) that are unable to access existing COVID-19 measures, and $287 million to support rural businesses with access to capital through Community Futures Development Corporations (CFDC).

As a CFDC we are pleased to participate in this important Government of Canada initiative in introducing the local stream of the Regional Relief and Recovery Fund (RRRF), which provides repayable loans to help SMEs with fixed operating costs where business revenues have been affected by the COVID-19 pandemic.

IF YOU ARE: a business operating in Lanark County or North Leeds, with business impacts challenged by the COVID-19 pandemic, you may be eligible for local RRRF support through interest free loans up to $40,000. 

You can learn more at www.valleycfdc.com.  In order to provide targeted assistance to the communities we serve, Valley Heartland CFDC will focus on providing RRRF assistance to sole proprietors, “main street” businesses, such as retail shops, restaurants, corner stores, social enterprises as well as businesses of strategic importance to the community.

CONTACT US TODAY and review our Program + Application Guidelines to learn if your business is a fit for the local component of the Regional Relief and Recovery Fund.