Ottawa business groups call on governments to provide financial support amid disruptive protests

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 92%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

A coalition of business improvement areas in central Ottawa said it surveyed more than 200 owners in the city’s core, and found that 75 per cent have lost revenue because of the protest, and 48 per cent have closed owing to safety concerns

“The businesses and citizens of Ottawa need immediate action and support due to this protest,” read a letter to local MPs from Michelle Groulx, executive director of the Ottawa Coalition of Business Improvement Areas.

Police continue to warn people to stay away from the downtown core, where commercial trucks blare horns and cause gridlock in central Ottawa. Ottawa’s Chief Financial Officer, Wendy Stephanson, said in a brief statement Sunday that the city is looking into providing support. Ian Lee, an associate professor with Carleton University’s Sprott School of Business, said it’s unlikely that businesses could make a claim with their insurers in the current situation.

“It just opens up the door to such a wide open precedent … the cost would be so great, the insurance companies would stop offering that insurance.” While the coalition is still looking into how much financial support is needed, Mr. McHale suggested rent and utility bills could be one metric that could inform remuneration amounts.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

getvaccinated...

Call in The Emergency Act JustinTrudeau and The Armed Forces and clear the streets has to be done

I CAN TASTE THE IRON

Yes! Make it cost them. This should have been shut down a week ago. We are a laughingstock internationally.

Singapore Singapore Latest News, Singapore Singapore Headlines