This is a difficult time for businesses and employers. The requirement for the public to socially distance means that store fronts are seeing fewer patrons, and other businesses are experiencing a significant decline in requests for their products and services. While some businesses are able to retool and adapt to the changing market, others are left with their hands tied - laying off staff.
In order to assist our local business community, we have compiled a list of services being provided by the provincial and federal governments in support of economic sustainability.
Alberta is Reopening
Alberta Biz Connect is your resource for workplace guidance and supports that help businesses and non-profits affected by COVID-19 begin to reopen and resume operations safely.
Other notable announcements by the Government of Canada
The federal government is changing the Canada Account to allow the government to provide additional support to Canadian export companies through loans, guarantees or insurance polices during these challenging times.
The Bank of Canada will broaden the scope of the current Government of Canada bond buyback program. This is intended to add market liquidity and support price discovery.
The Government of Canada has launched an Insured Mortgage Purchase Program (IMPP), which will purchase up to $50 billion of insured mortgage pools through the Canada Mortgage and Housing Corporation (CMHC). This action will provide long-term stable funding to banks and mortgage lenders and add liquidity to Canada's mortgage market.
The Town of Barrhead Parks & Recreation Department is committed to supporting a healthy and active lifestyle for all of its residents. Regardless of your age, interests or physical activuty level, the Town is sure to have a recreation program to suit your needs. Our services and facilities strive to facilitate community connectivity and a high quality of life.