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COVID-19 Rental Relief For Small Businesses Critical To Survival: Calgary Restaurant – Calgary

For a Calgary company badly hit during the coronavirus pandemic, the federal government’s new rent relief program is “essential” to keeping doors open and keeping food on people’s tables.

The OEB Breakfast Company said it had to lay off around 200 employees in its restaurants and recorded an 80 percent drop in sales.

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Trudeau announces 75% rent relief for small businesses affected by coronavirus

The once-busy breakfast place just had to turn for takeout and delivery, and according to Marketing Director Teale Orban, the rent relief will make a big difference to the bottom line.

“The first reaction is positive. We’re looking for relief, ”Orban said.

“That is one of the biggest challenges right now. Regardless of what we can do to move forward, our fixed costs don’t change.

“Facilitating this rental is critical to the long-term success of our business and other restaurants.”

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The Canadian Federation of Independent Businesses (CFIB) has expressed satisfaction with the program, which will provide much-needed relief to small business owners.

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According to the CFIB, its members’ biggest concern was rent, and according to a recent survey, more than half of small businesses could not have survived the next month without help.

“This announcement is a good first step. Of course the announcement came out today, but we saw some positive results in the early details, ”said Annie Dormuth, director of CFIB Alberta.


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Anyone participating in the program would also be protected from evictions. According to the CFIB, this needs to be extended to all companies.

“Many provinces have full protection against commercial eviction, but Alberta does not, and we have raised these concerns with the government,” said Dormuth.


Rent freezes, eviction delays required in coronavirus fallout: experts

The program is expected to lower rent for businesses by 75 percent and will apply to all small businesses paying less than $ 50,000 per month in rent.

Eligibility also includes companies that have had to close temporarily or have experienced a 70 percent decline in sales.

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