Charlottetown, PE (January 24, 2022) – PEI’s business community is facing financial hardships as a result of the recent public health restrictions and is in need of further support. A recent poll conducted by the Greater Charlottetown Area Chamber of Commerce of its membership shows gaps in business and employee support programs and a growing sentiment of concern among owners and operators.
“While the Chamber is understanding of the latest enhanced public health measures, our members are becoming increasingly concerned,” said CEO of the Chamber Robert Godfrey. “Many of these businesses are on their final string and the business support programs in place are not helping bridge the gap throughout this partial lockdown.”
Of those who responded, the poll found that:
- 40% of our members are severely impacted by these restrictions (fully closed, reduced hours, or take-out only).
- One quarter of members were required to lay-off staff as a result of these restrictions.
- Two thirds said current business supports programs were not adequate given the circumstances.
- 45% said they were in favour of a fixed expense grant which would help pay fixed expenses such as electricity, heat, etc.
- One in eight members said their top priority is re-opening their business instead of more support programs.
“The reality is that many in the business community are bleeding and running out of options as we face this wave of COVID-19,” said Godfrey. “Businesses have adhered to public health guidelines throughout the pandemic and need the government to enhance the level of support today and help bolster public confidence that our businesses are safe places to be, so they can stay afloat during this frustrating and challenging time.”
The poll was conducted between January 19 and 20 and was open to one respondent per GCACC member business.
About The Chamber:
The Greater Charlottetown Area Chamber of Commerce connects business and community and is PEI’s largest business advocacy organization with more than 1,100 members. For more information on the Chamber visit www.charlottetownchamber.com.
Policy and Communications Manager
(902) 628-2000 x 224