Wakeham Outlines Actions Needed Now to

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Wakeham Outlines Actions Needed Now to Ensure the Survival of NL Businesses
It is imperative that Government act now to help businesses survive in the short-term so that the jobs will be there for people to go back to work.
Monday, May 11, 2020

Office of the Official Opposition
For Immediate Release

 

St. John’s, NL (May 11, 2020) – PC Official Opposition Finance critic and MHA for Stephenville-Port au Port, Tony Wakeham, is outlining immediate actions needed to address the financial crisis facing businesses in this province.

Wakeham says measures are needed to address short-term cash flow challenges, ensure the safe return to operations and help businesses adapt to new conditions. While some measures have been put in place, alarm bells are being raised by many businesses that further inaction will be fatal to them. Some specific actions needed include:

 

· Supports to acquire personal protective equipment so operations can safely resume;

· Changes to the rental relief program to allow tenants to apply rather than landlords;

· Refund and/or waive of worker’s compensation premiums and other fees;

· Changes to provide for more time to recall employees laid off as a result of COVID-19;

· E-commerce program to help NL business move to online operations, where feasible;

· A “Buy Local” Campaign and other incentives to support businesses including the tourism sector.

 

“With the loss of 29,000 jobs, the goal must be to get these people back to work. Businesses are the backbone of our economy and the job creators. It is imperative that Government act now to help businesses survive in the short-term so that the jobs will be there for people to go back to work. How many job creators are we going to let die before we take action? The recent hiring of Paul Mills, an individual with ties to the Liberal Government, does nothing to address the immediate concerns of businesses. It means more time reviewing and studying rather than listening to businesses and acting,” Wakeham said.
 

Contacts:

Bradley Russell

Director of Policy and Research

(p) 1.709.729.3668

BradleyRussell@gov.nl.ca

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