COVID-19 and your Golf Business
British Columbia Bulletin #5 - March 24, 2020
The status of the COVID-19 situation across the country continues to change on a daily basis. The NGCOA Canada continues to monitor the various updates from both Federal and Provincial Governments including local Health Authorities to ensure you have access to the most timely and relevant information for your operation.

Below is a snapshot of updates currently available to British Columbia golf courses as of 10:30 am on March 24. A reminder to also visit our Online Resource Page which is updated as new information and resources become available.
Government Updates
Provincial
The Government of British Columbia has unveiled it's $58 Billion COVID-19 Relief Plan with $2.2 Billion allocated as relief for businesses. Please click here for more information on what the Government of BC is doing to assist your business.

High Level Highlights of the Relief Plan

  • Tax increases and proposed new tax requirements for PST that were set for April 1st have been postponed.
  • Tax deadlines for businesses have been postponed to September 30.
  • Deferring employer health tax payments until the end of September for businesses with payroll over $500,000.
  • ICBC and BC Hydro are offering deferred payments.
  • offering a $1,000 one-time, tax-free payment to anyone whose ability to work has been affected by COVID-19.

Please visit the link above to ensure that you are aware of the support programs available.
Federal
The Government of Canada announced on March 18 a stimulus package of up to $82 billion to help mitigate the impact of COVID-19 on businesses and individuals in Canada.
 
Please visit the links below for the most up-to-date information from that announcement:
·      Support to Businesses
·      Support to Canadians
 
High Level Highlights
  • Providing eligible small businesses a 10 per cent wage subsidy for the next 90 days, up to a maximum of $1,375 per employee and $25,000 per employer to encourage employers to keep their workers on the payroll;
  • CRA will allow all businesses to defer, until after August 31, 2020, the payment of any income tax amounts that become owing on or after today and before September 2020
  • Bank of Canada cutting interest rate to 0.75%
 
BEST PRACTICES AND RESOURCES
The NGCOA Canada continues to update it's Online Resource Page where we are posting the most up-to-date information on best practices and resources as they come to us. We encourage you to visit this page often.
CORONAVIRUS (COVID-19) INFORMATION
DISCUSS COVID-19 ONLINE WITH YOUR PEERS
If you're looking to connect with other operators to discuss COVID-19 best practices, review resources, or any other questions; don't forget that the NGCOA Canada has a private group on Facebook for just that purpose. If you've not yet joined the NGCOA Canada - Operators Corner, now might be a good time to join and connect with your peers across the country. A reminder that if you are not a member, you must be invited by one or send a request to ghammond@ngcoa.ca to be added as a member.
Your Association continues to monitor this fluid situation and will continue to keep you apprised of the latest developments.
 
Please do not hesitate to contact us at ngcoa@ngcoa.ca should you have any questions.
 
The NGCOA Canada Team