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Finance committee Thank you for your question. Demand being what it is, no matter how much promotion we do, what will make a difference is the money people will receive to take concrete action for the economy. Mechanisms must be put in place to stimulate tourism demand, whether for business or
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee As I explained earlier, one thing is certain: the difficulties with the wage subsidy are its comprehensibility and its application in the short and long term. The day this subsidy ends, there will be a problem, because our cash flow needs will still exist. So we have to get this
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee Everyone is looking for ideas. What has been proposed for us is twofold. First of all, it's about finding ways to support companies so that they can start holding meetings again for clients on business trips. This could be done through an investment fund or something else, to c
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee Thank you for your question. Indeed, we too must make our contribution as hotel operators. I congratulate the hotelier in your riding for doing that generously by offering his premises so people can be cared for. To answer your question, the eligibility requirements and the prog
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee In terms of the safety of our employees, taking in people in need, such as women who are experiencing violence or who need to protect themselves, is certainly less risky than taking in someone with COVID-19. So it is a possibility. In our case, regardless of where the clientele c
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee In terms of the small business loan program, yes, at the beginning everybody was caught off guard and reacted very strongly. Again today the Hotel Association of Canada has asked that we approach members of Parliament to find a way to facilitate access to the program, particularl
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee It will indeed be necessary to paint a portrait of the different sectors. Ours will be among the slowest to recover, as will air traffic, which will take longer to recover. We will live in step with people's sense of security. We will have to wait for people to go into hotels and
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee Thank you for your question. It's very relevant. Again today, there have been many exchanges on this subject with the Government of Quebec and the Department of Health. Indeed, this is an opportunity to contribute to the effort to resolve the pandemic and support the health care
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee In Quebec, the majority of operators, or 85% of the industry, also own one or a few hotel buildings. For us, the special fund is extremely important, because the hotel operator is often the owner, especially in the small hotel industry. Of course, large hotel companies own or m
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee I don't have precise data, but the Quebec data are certainly a little different. In Quebec, investors and independent owners occupy a larger share of the hotel pool than in the rest of Canada. I cannot give you specific percentages, but that model is not very popular in the hotel
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee Did I use up my five minutes?
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee Perfect, thank you very much. Good afternoon. We are privileged and pleased to be able to introduce ourselves to you today. The hotel industry in Quebec is quite unique. It is made up of 85% small and medium-sized businesses, 75% of which are owned by independent entrepreneur
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee Good morning, Mr. Chairman. Thank you for having us here.
April 3rd, 2020Committee meeting
Dany Thibault
Finance committee I'm from the Association Hôtellerie Québec.
April 3rd, 2020Committee meeting
Dany Thibault