Many may not be re-opening
Restaurants Canada says many of its members are not going to survive this COVID-19 crisis.
A survey of its members revealed that, “many are considering closing down permanently in the wake of COVID-19.”
“Our immediate priority is to maintain liquidity for foodservice businesses, who employ 1.2 million workers across the country,” said Shanna Munro, Restaurants Canada President and chief executive officer.”
While the association declared its support for government measures taken so far, Munro said “given the devastating losses that most restaurants have experienced and are anticipating, they urgently need more immediate support to continue serving their communities during this crisis and beyond.”
It is asking for:
- Banker support to be more flexible, including offering payment-free periods.
- Landlord flexibility on rent and government help enable municipalities to issue no-eviction orders.
- Relief on payments of sales and property taxes.
- Help to keep staff, including benefits to help those temporarily out of work.