An Update from us on COVID-19 - March 25, 2020
The sun was shining today, to remind us there is always light at the end of the tunnel!
Today, the Government of Canada announced the  Canada Emergency Response Benefit  to help workers and businesses. This taxable benefit would provide $2,000 a month for up to four months for workers who lose their income as a result of the COVID-19 pandemic.
The  Canadian Centre for Occupational Health and Safety (CCOHS )  has made selected courses and publications freely available to help support workplaces in their efforts to protect the health, safety and well-being of their employees during the Coronavirus disease (COVID-19) pandemic.
Workers Compensation Board of PEI  announced yesterday they will defer all assessment due dates related to 2020 employer payrolls. This temporary change means that covered employers will not have to pay WCB premiums until June 30, 2020. Neither interest nor penalties will accrue during this time.
60+ Leading Canadian Business Organizations Call on Government to
Protect Jobs and Postpone Non-essential New Measures

Initially issued on Saturday, an expanded call for support has resulted in over 60 plus organizations in our business coalition signing onto a joint statement from Canadian business to government reiterating the need to focus all efforts on fighting the fight on COVID-19 on behalf of all Canadians.

Click HERE to read the statement.
How We Are Helping Canadian Businesses
  • We remain in close contact with the federal government throughout this pandemic. 
  • The Canadian Chamber of Commerce spoke to the Prime Minister prior to the stimulus announcement and their President and CEO, Perrin Beatty, was invited by Finance Minister Morneau to attend his press conference following the stimulus announcement. Additionally, they’ve recently spoken to Ministers Mendicino and Joly and will be speaking with Minister Ng on Friday.
National Banks
Canada’s six largest banks – all Canadian Chamber members – have announced a coordinated relief program to ease financial pressures due to the spread of COVID-19. 
 
Bank of Montreal, CIBC, National Bank of Canada, RBC Royal Bank, Scotiabank and TD Bank customers will be offered “flexible solutions” to get them through economic uncertainties due to COVID-19. COVID-19 relief measures will be offered to personal and small business banking customers and may include longer amortization periods, up to a six-month payment deferral for mortgages and credit card payments. 
For the most reliable and up-to-date provincial information and resources on COVID-19, visit the  Province of Prince Edward Island’s COVID-19 information page .
For more information, please check out our website at: