One-third of Ontario Businesses Report They Will Not Survive the Second Lockdown

Ontario expands Canada’s most anti-small business COVID restrictions

The Ontario government’s decision to extend and expand lockdowns across the province is another big hit in a long line of crushing blows to small business owners.

“Today’s announcement guarantees the demise of thousands upon thousands of Ontario’s small businesses,” said Dan Kelly, CFIB president. “The government should have used this as an opportunity to fine-tune existing restrictions based on the data, instead of expanding this blunt measure to additional regions of the province. Workers are going to lose their jobs. Business owners and their families will see their dreams crushed and their homes lost to the banks.”

“Ontario has now expanded the most anti-small business lockdown measure in the country. No other province in Canada closes small businesses while allowing big-box stores to sell similar goods in-store. Our members are dumbfounded as to why their government continues to feel that it is safer to buy a book, bracelet or pair of shoes at Walmart or Costco than to buy the same items at their quiet, local independent retailer,” said Ryan Mallough, CFIB’s director of provincial affairs for Ontario. “The government has consistently chosen big box over small business throughout the pandemic. Today’s move puts a bow on an even merrier Christmas for Walmart and Costco at the expense of Ontario’s small retailers.”

CFIB data shows that over a third of Ontario businesses report their business will not survive a second lockdown.

CFIB recommends that the Ontario government:

  • Expand small business support to:
    o Immediately top up the federal Canada Emergency Rent Subsidy (CERS) to up to 100% for businesses in lockdown zones
    o Immediately top up the federal Canada Emergency Wage Subsidy (CEWS) to up to 100% for businesses in lockdown zones
  • Expand eligibility for the Ontario PPE grant to all businesses, regardless of size or sector, and substantially increase the value from the current $1,000
  • Increase funding to the $600-million program for energy and property taxes to reflect the additional volume of businesses in lockdown

“Today’s grant announcement is a step in the right direction, but the province must open its wallet even more to help small businesses make it through the lockdown period,” added Kelly. “Let’s not forget that the government chose to close small businesses, so they cannot be expected to survive without full economic support.  Nothing short of 100 per cent support for affected businesses will get them to the other side of COVID-19.”


Note to readers: please click the share buttons above or below. Forward this article to your email lists. Crosspost on your blog site, internet forums. etc.

Featured image is from The Bullet

Disclaimer: The contents of this article are of sole responsibility of the author(s). The Centre for Research on Globalization will not be responsible for any inaccurate or incorrect statement in this article. The Centre of Research on Globalization grants permission to cross-post Global Research articles on community internet sites as long the source and copyright are acknowledged together with a hyperlink to the original Global Research article. For publication of Global Research articles in print or other forms including commercial internet sites, contact: [email protected] contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available to our readers under the provisions of "fair use" in an effort to advance a better understanding of political, economic and social issues. The material on this site is distributed without profit to those who have expressed a prior interest in receiving it for research and educational purposes. If you wish to use copyrighted material for purposes other than "fair use" you must request permission from the copyright owner.

For media inquiries: [email protected]