On April 19, 2021, Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland tabled the Federal Budget, entitled A Recovery Plan for Jobs, Growth, and Resilience. #Budget2021 outlined commitments to address the inequities in Canada’s digital tax system and delivers marketing support for our sector’s long term recovery. The extension of the wage subsidy (CEWS) and fixed costs support (CERS) to September 25, 2021 is…
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The Hotel Association of Canada was once again invited to testify before the House of Commons Standing Committee on Finance. HAC Vice President of Policy & Public Affairs, Alana Baker, reminded the #FINA Committee that Canada’s hotel sector needs a clear signal in the Budget that the Government acknowledges our unique challenges and will stand behind us until recovery is possible. Specifically, HAC brought forward two critical asks …
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A March 2021 survey released today on Parliament Hill reveals that nearly 60% of Canada’s hardest hit businesses will not survive if the Canada Emergency Wage Subsidy (CEWS) as well as the Canada Emergency Rent Subsidy (CERS) are not extended beyond the June 5th deadline to the end of the year. The survey with over 1,700 respondents from across Canada was conducted by the Coalition of Hardest Hit Businesses. Based on the survey results, t…
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This morning, the Hotel Association of Canada was among top business leaders invited to testify before the House of Commons Standing Committee on Finance. The Government will need to provide financial support for the tourism and hospitality sectors until a recovery is possible. HAC brought forward two critical asks for consideration in the Federal Budget: Extend the Wage Subsidy until the end of 2021 for the hardest hit sectors. Extend…
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January 26, 2021 (OTTAWA, ON) – The Hotel Association of Canada (HAC) is pleased to see the launch of the Highly Affected Sectors Credit Availability Program (HASCAP). Announced by the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, HASCAP will provide financial support to businesses that have been hardest hit by the pandemic. The industry applauds other government support programs such as the C…
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The Hotel Association of Canada (HAC) is applauding today’s measures announced in the Fall Economic Update, presented by the Hon. Chrystia Freeland, Deputy Prime Minister and Minister of Finance. “The hotel industry is one of the hardest hit by COVID-19,” said Susie Grynol, HAC President & CEO. “The government is taking action to keep our sector alive. Today’s plan will help hotels continue employing hundreds of thousands of …
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