Restaurant and retail closures will have an economic impact on our member businesses and their employees. We understand that all levels of government must take necessary precautions for the sake of public health. The SGBIA supports measures that will help to flatten the curve and prevent the spread of COVID-19.
We are currently working with other business organizations to track the economic impact of COVID-19, and are advocating for a recovery strategy that will assist our member businesses as well as the larger business community.
During these times of uncertainty please stay safe and healthy, South Granville! Please keep in mind this is a fluid and rapidly changing situation.
At this time, due to low transmission in BC, all levels of government have recommended that business can continue providing efforts are made to keep a one metre distance as often as possible. There are no recommendations at this time at adjusting operating hours for your business.
- Support your Employees.
No employer should feel like they have to lay off a worker because of the virus, and no one should have to worry about their job if they have to be quarantined. That’s why the Government of Canada’s $1 billion COVID-19 Response Fund goes towards support for employers and workers through the Work-Sharing program, and by waiving the one-week waiting period for Employment Insurance sickness benefits.
- Financial Implications and Business preparedness
The Canadian Chamber of Commerce, as well as Business Development Canada, has developed helpful and comprehensive guides to help you with planning and preparedness.
- Business Travel and Event
Companies should consider the impacts of international travel on their operations. Canada has several active travel health notices for COVID-19 for countries around the world. These are updated regularly based on ongoing risk assessments.
Read here for more details on the above.
- Workplaces and communities should be practicing social distancing.
- Restaurant reservations are down to 33%.
- As of March 1st, business on the books for air reservations made until the end of the year for flights to Vancouver is down by -5.2% overall. Priority markets of concern include Australia, Germany, Japan, Mexico, and China.
- March and April are expected to experience sharp declines in bookings (-22% for the month of April). China is particularly affected because of the continued travel advisory and flight cancellations.
- Group travel and VFR (visiting friends and relatives) are more heavily impacted overall
- Local organizers can expect that Chinese, Japanese and Italian nationals will not be travelling to attend global events, due to travel and other restrictions
- It is important to note that wherever possible events are being rebooked rather than cancelled, however in-house hotel conventions are experiencing some cancellations.
- Globally, business travel is anticipated to slow due to corporate travel policies putting restrictions in place.
- Whenever possible, booking agent and cruise lines are working collaboratively to encourage re-bookings (rather than cancel trips
- On a positive note, the Port of Vancouver has accepted 10 additional sailings for 2020 as of late February. While international bookings are declining, we may see a possible increase in both domestic and U.S. passengers. The cruiseship season has been deferred but not cancelled.
Checking for symptoms
If you or someone you know is experiencing possible COVID-19 symptoms, call your local primary care provider or 8-1-1. Those who are deaf or hard of hearing can call 7-1-1. You can also conduct an initial self-diagnosis at the provincial government’s HealthLinkBC page.
Whether it is a public health issue, natural disaster, or other emergencies, it is important to be prepared and ensure you have an up-to-date business continuity and disaster recovery plan. Here are some other resources to assist you in your planning.
Information and Planning Sources
- Assessment of the local situation — Vancouver Coastal Health
- Assessment of the global situation — World Health Organization
- Government of Canada’s latest information
- B.C. Centre for Disease Control virus update
- Screening Measures at YVR
- Destination BC virus update
- British Columbia Pandemic Provincial Coordinator Plan
- List of available Supports for Businesses and Individuals in B.C (Government of B. C.)
- Resources for Canadian businesses (Trade Commissioner Service)
- Support for entrepreneurs impacted by the coronavirus COVID-19 (BDC)
- Coronavirus disease (COVID-19) – Employment and Social Development Canada (Government of Canda)
- Latest Business Updates as of May 04, 2020 (Small Business BC)
- Business Preparedness Checklist COVID-19 (GVBOT)
- Business Pandemic Influenza Planning Checklist (Centers for Disease Control and Prevention)
- Resources for Small Businesses during COVID-19 (Small Business BC)
- Getting your workplace ready for COVID-19 (World Health Organization )
- PreparedBC: Guide for Small Business (Government of B.C.)
- Crisis Communications Plan (Canadian Chamber of Commerce)
- Business Continuity & Recovery Plan (Canadian Chamber of Commerce)
- Does Your Force Majeure Clause Cover the Coronavirus? (MPI)
- Support for Restaurants (BCRFA)
- COVID-19 resources for foodservice operators (Restaurants Canada)
- Keeping you and your employees safe (CFIB)
Templates and Tools
- PreparedBC: Emergency Plan for Small Businesses (Government of B.C.)
- Webinar: Coronavirus (COVID-19): Managing the impact on global supply chains (EDC)
- Business continuity plan and templates for entrepreneurs (BDC)
Dedicated Number for Immediate Access to Employment Insurance Benefits
The one-week waiting period has been waived for employees who are in quarantine or who are ordered to self-isolate. Employees in quarantine who wish to get the one-week waiting period waived are to call: 1-833-381-2725.
- Emergency Support Progams (April 8, 2020, 9:00 AM)
- What you need to know about the new COVID-19 emergency wage subsidy (April 2, 2020, 9:00 AM)
- Who’s eligible and how to apply for Canada’s coronavirus wage subsidy (March 31, 2020, 1:30 PM)
- Trudeau promises 75% wage subsidy for businesses hit by coronavirus (March 27, 2020, 9:30 PM)
- VPD works to prevent property crime (March 27, 2020, 8:30 PM)
- B.C releases list of “essential services” during COVID-19 (March 26, 2020, 2:30 PM)
- New Nighttime Mobile Security on South Granville (March 25, 2020, 1:30 PM)
- City of Vancouver increases fines to $50,000 for businesses breaching state of emergency (March 25, 2020, 1:00 PM)
- Vancouver prepares fines and enforcement mechanisms for those ignoring coronavirus precautions (March 25, 2020, 12:45 PM)
- COVID-19 and the western Canadian economy (March 25, 2020, 12:30 PM)
- Support for entrepreneurs impacted by COVID-19 (March 25, 2020, 12:30 PM)
- Canada’s Six Biggest Banks Take Decisive Action to Help Customers Impacted by COVID-19 (March 25, 2020, 12:30 PM)
- BC Government announces $5-billion Economic Action plan to help businesses struggling with COVID-19 (March 25, 2020, 12:30 PM)
- COVID-19 Cabinet created to support business (March 25, 2020, 10:45 AM)
- Where to start? Who to call or email. COVID Recovery (March 24, 2020, 5:45 PM)
- South Granville small business guide to social media in the age of COVID-19 (March 24, 2020, 11:45 AM)
- Small Business support from Daily Hive (March 24, 2020, 10:45 AM)
- Order of closure for salons and spas (March 22, 2020, 11:00 AM)
- City shuts down all restaurant table service, closes playgrounds, and creates dedicated COVID-19 task force (March 20, 2020, 4:15 PM)
- Update from Small Business BC (March 20, 2020, 11:30 AM)
- Free Webinar Coping with Business Impacts of COVID-19 (March 20, 2020, 10:30 AM)
- Small Business support from Daily Hive (March 20, 2020, 10:15 AM)
- Security Harden your Premise during Closure (March 18, 2020, 3:30 PM)
- Accessing financial support from BDC and EDC (March 18, 2020, 3:00 PM)
- Call for Government Action (March 18, 2020, 2:45 PM)