Categories

Categories

Featured article

May 22, 2023
Here Is A New Listing That I Just Posted In 608 Bearspaw Village ROAD in Rural Rocky View County


Here is a new listing that I am happy to post in 608 Bearspaw Village ROAD in Rural Rocky View County....
More...

Latest Posts

Rob Campbell - CIR Realty : Blog : Latest Blog Posts

May 22, 2023
Here Is A New Listing That I Just Posted In 110 3 AVENUE W in Cochrane


Here is a new listing that I am happy to post in 110 3 AVENUE W in Cochrane.
My Greek...
More...
Here Is A New Listing That I Just Posted In Calgary, Calgary


Here is a new listing that I am happy to post in Calgary, Calgary.
Canadian Brewhouse...
More...
Here Is A New Listing That I Just Posted In Calgary, Calgary


Here is a new listing that I am happy to post in Calgary, Calgary.
Pizza is one of the...
More...
Here Is A New Listing That I Just Posted In 2820 Centre STREET NE in Calgary


Here is a new listing that I am happy to post in 2820 Centre STREET NE in Calgary.
**PERFECT...
More...
Here Is A New Listing That I Just Posted In Calgary, Calgary


Here is a new listing that I am happy to post in Calgary, Calgary.
**The address is not...
More...

Welcome

LATEST STORIES For Today's News From Around the Web..

Business Owner Update - Friday March 27, 2020

Business Owner Update - Friday March 27, 2020

Business Owner Update - Friday March 27, 2020


Today the Federal Government and Bank of Canada finally made key announcements to help small businesses:


  • Increased Payroll Subsidies up to 75% - This will be back-dated to March 15.  No link or details yet on the limitations or qualification. I will get them to you as soon as they are posted.  Here is the announcement https://twitter.com/i/broadcasts/1kvKpXdndQmKE
  • Government guaranteed, interest free small business loans up to $40,000 – this is a program where, if you go to your bank to borrow money to get through the next few months, the government of Canada will be the guarantor.   Under some circumstances (no details yet), 25% may become forgivable.
  • Bank of Canada drops Prime Rate to 0.25% - this makes the cost of borrowing as close to “free” as it gets.  This is the time for you to replace as much high-cost debt with new low-cost debt.


In addition, you get a deferral of GST remittances on top of all the other deferral of payment programs announced over the past 10 days.  You’ll have to pay your GST owing eventually, but consider the money is better in your pocket for the time being.


These will help those of you who will be able to find work to keep the doors open and if the Alberta Government doesn’t order a lockdown.  If you need to shut the doors, the cheap loans and payment deferrals will help you to weather the storm and re-open later.  


Let’s address the potential of a lock-down.  Yesterday, the Alberta government admitted it is preparing an essential services list. This is a prerequisite to doing a lockdown.  As I reported to you earlier this week, the Alberta list will be based on the Ontario essential services list, likely with more extensive leniency for the oil and gas sector (re-attached).   This is not something the Alberta Government wants to do, but only if covid19 gets out of control.    That number is much higher than we are now (check my website if you like numbers).  However, politics are politics and we still might see one.  


If the government imposes one, my forecast is that we will need to see case numbers trending up significantly (i.e. additional cases each day are more than the additional cased from the day before) for 2-3 more days in a row and the Canadian Emergency Response Benefits become available so the additional layoffs get paid by the Feds, not the Province (i.e. April 6).  I’ll be keeping watch over these numbers for you. 


For you convenience, here is new link summarizing all the Federal program announcements (not yet updated from today). https://www.canada.ca/en/department-finance/economic-response-plan.html


Let’s do everything we can in our workplaces, with our employees, customers and suppliers to plank this outbreak so we can keep businesses open and everyone working!


Pete Baran                           |       403-973-3531

Chief Business Mechanic  |       Blueneck Consulting Inc.

www.blueneck.ca

Comments:

No comments

Post Your Comment:

Your email will not be published

Suggested Blog Articles

Here Is A New Listing That I Just Posted In 7130 403 Mackenzie WAY SE in Airdrie


Here is a new listing that I am happy to post in 7130 403 Mackenzie WAY SE in Airdrie.
Oxygen Yoga & Fitness is not your typical yoga studio. Oxygen was just named the fastest growing franchise in Canada for 2022 with over 100 locations across Canada. They are an inclusive studio and will meet you at your skill/ fitness level. They offer a wide variety of yoga, fitness and fusion classes like Deep Stretch & Relaxation, Freedom Flow, Total Body Conditioning and Barre (to list a few). The Studio is heated utilizing FAR Infrared Technology for the heat source in lieu of the traditional forced air. Infrared provides significant health benefits including detoxification of the body, reduction in cellulite, burn calories 2x faster, improves skin health and complexion, reduces aches and pain in joints and muscles. Heat is used in all classes. This state of the art studio has specially designed padded floors which reduces the impact on the joints during classes. This is the only hot yoga studio in Airdrie using this technology. The business lasted through COVID and has come out the other side with strong growth trends. It is easy to operate yourself or with very few staff hours. Call to book a private tour of this awesome heath and fitness business!
Read Now
Here Is A New Listing That I Just Posted In 6515 Bowness ROAD NW in Calgary


Here is a new listing that I am happy to post in 6515 Bowness ROAD NW in Calgary.
Located in one of Calgary's fastest changing communities, this is a great standalone restaurant building. You could maintain the current concept or change it to your own vision. It has a great front dining area with lots of natural light and a very strong curb appeal. There is lots of street parking right out front, as well as, parking in the rear of the building. The kitchen is large well equipped, and can handle a large food volume concept. Because of its location you could do catering to a large portion of the city very easily. There is a second-floor office area with TONS of storage as well. The patio is large and very comfortable, and is fully licensed. It is a very popular spot during the warm summer months and is a great profit center.
Read Now
Here Is A New Listing That I Just Posted In 1919 4 STREET SW in Calgary


Here is a new listing that I am happy to post in 1919 4 STREET SW in Calgary.
A large patio, great parking and one of the best kitchens I have seen are just a few of the reasons you will want to see this Restaurant / Bar. The room is an easy conversion to just about any type of hospitality operation you may have plans for. Well equipped and located on a great restaurant street, this location is surrounded by lots of businesses and high density residential buildings. Please call for more info. PLEASE DO NOT VISIT THE BUSINESS WITHOUT CALLING TO MAKE AN APPOINTMENT
Read Now
Data is supplied by Pillar 9™ MLS® System. Pillar 9™ is the owner of the copyright in its MLS®System. Data is deemed reliable but is not guaranteed accurate by Pillar 9™.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.