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Finance committee  That's correct.

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  Sure. The survey we did, both of the hotel industry and the Coalition of Hardest Hit Businesses, revealed a very similar result. In our case, 70% of hotels would go out of business in this country permanently if there were not more support. That was prior to this program being in

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  Our workers are the lifeblood of this industry. To be clear, we have lost a lot of workers who have permanently moved on to other sectors, but we have maintained as many as we possibly could through the generous support of the government with the wage subsidy program. Those worke

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  Yes, we were consulted in the process. We've been working very closely with government and with officials on the creation of that list. Ultimately, it's the government's decision on who gets in there. We felt that list was generous at the end of the day, and we have no concerns o

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  It is helpful, but I will say that the timing is a bit misaligned with where we are today. That program will be more helpful to us in the spring. We do hope that the government will consider extending that program into the spring when we are hiring people back. We're in our off-s

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  The tax is included in fixed costs. It's anything that you have to pay on an every-month basis. That's your tax, insurance, maintenance and lights. If you are operating at a very low basis, that's your food that you have to bring in. They're the costs that are non-negotiable. The

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  That is correct.

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  Do you mean tax?

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  Municipal tax. I would have to come back to the committee with something more specific on that as a percentage of fixed costs. I will do that following this appointment.

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  Yes, absolutely.

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  The fixed costs also include mortgages.

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  It would be my pleasure. In the hotel industry—the hotels that would be in all of your ridings—there's a misconception that this is a franchise model. The brands that you might see on those hotels don't actually own those assets. If that asset is generating revenue, they would t

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  Thank you, Mr. Chair. Thank you for inviting me to appear before you today. My name is Susie Grynol. I'm the president and CEO of the Hotel Association of Canada. I am also the founder and co-chair of the Coalition of Hardest Hit Businesses, which represents over 120 different

December 9th, 2021Committee meeting

Susie Grynol

Finance committee  The details have not yet been released on who can access it and for what reasons, so we'll have to wait and see what the details are. I do hope that there is some benefit to our members, but when you do the math, it's a smaller investment. It's helpful, but it really doesn't so

May 18th, 2021Committee meeting

Susie Grynol

Finance committee  That's a great question that I don't have a one-minute answer to, but I would love to follow up with you directly on that because some of the details are still unknown as it relates to that program. We haven't had the opportunity to do an extensive consultation with our members t

May 18th, 2021Committee meeting

Susie Grynol