Ontario Supports Small Main Street Businesses with $60 Million in Funding through PPE Grant
New measures will help businesses reopen safer, rehire faster and recover from COVID-19
News.ontrio.ca
October 8, 2020
The Ontario government is continuing to help businesses rebuild, reinvest and create good jobs across the province. Today, Prabmeet Sarkaria, Associate Minister of Small Business and Red Tape Reduction, announced Ontario's Main Street Recovery Plan and intends to introduce the Main Street Recovery Act, 2020, proposed legislation that would support small businesses and modernize rules to allow them to innovate and meet the challenges of today. If passed, the act will remove hurdles faced by small businesses and allow them to pursue new opportunities -- while maintaining or enhancing protections for public health, safety and the environment.
The plan includes:
"Small businesses are the backbone of Ontario's economy, and our government will always be in their corner. Through more than 100 virtual roundtables and discussions with small business owners, their employees, local leaders and economists from all over Ontario, I've heard directly about the extraordinary sacrifices small businesses have made to keep their employees safe, their customers confident, and their communities strong," said Minister Sarkaria. "Our government is standing with main street businesses, and we remain committed to their recovery and renewed success. We are determined to support them through this pandemic and beyond."
The plan's regulatory and legislative changes, if passed, will:
"Small business owners and entrepreneurs have overcome significant challenges and made extraordinary sacrifices to continue contributing to our communities through these unprecedented times," said Peter Bethlenfalvy, President of the Treasury Board and Minister Responsible for Digital and Data Transformation. "Providing new, easy-to-use and innovative tools, like our Small Business Recovery Webpage, will give them the information they need to reopen safely and rebuild better in one central location. It's another way we're building a smarter government."
"Ontario's small businesses were hit hard by COVID-19, but they were the among the first to step up and demonstrate the best of the Ontario Spirit by bringing forward their innovative ideas and solutions in our time of need," said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. "Building on the steps we took at the outset of the pandemic to provide urgent economic relief to struggling small businesses, Ontario's Main Street Recovery Plan will help get more and more small businesses back on their feet as we continue down the path to economic recovery together."
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