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Finance committee It would be my pleasure.
May 18th, 2021Committee meeting
Susie Grynol
Finance committee This will be really helpful. You have to choose between the CEWS and the rehiring program, but it will be really helpful for any hotels out there that think they're going to see movement this summer, so probably some of the resort and maybe rural properties, if we end up seeing s
May 18th, 2021Committee meeting
Susie Grynol
Finance committee As they relate to the international border?
May 18th, 2021Committee meeting
Susie Grynol
May 18th, 2021Committee meeting
Susie Grynol
Finance committee As it relates to our sector specifically...?
May 18th, 2021Committee meeting
Susie Grynol
Finance committee No. In fairness to the government, we were in the middle of a third wave at that point in time, but no, we did not see that plan.
May 18th, 2021Committee meeting
Susie Grynol
Finance committee Yes, as a matter of fact, there was record spending on support for tourism, for Destination Canada, for marketing and for supporting some of the larger events to get back to business. There was a relief fund for tourism—not a large fund but a smaller amount of $500 million—that w
May 18th, 2021Committee meeting
Susie Grynol
Finance committee It's only for the businesses that are sitting in the downtown cores—there are many of them—who will not see anybody through their doors this summer and who are going to be facing a fall, and frankly another really difficult eight-month period of time, with absolutely no governmen
May 18th, 2021Committee meeting
Susie Grynol
Finance committee Yes, we had many discussions with government leading up to this point. I will say that our industry has been one of the largest recipients of the funding to date because of the way the programs have been built. They are scaled so that the hardest-hit businesses do get the lion's
May 18th, 2021Committee meeting
Susie Grynol
Finance committee Because we're a seasonal industry, the majority of the revenue that we would make comes from this season, and it supports the businesses through the back half. The back half of the year will be incredibly difficult because we will have missed this revenue opportunity. Certainly t
May 18th, 2021Committee meeting
Susie Grynol
Finance committee Yes.
May 18th, 2021Committee meeting
Susie Grynol
Finance committee It gives certainty. Right now we have all of these cancellations sitting on the books—all of these international conferences or local domestic conferences, or weddings. They all want to know whether they can book their wedding in the fall or plan an international event—is that go
May 18th, 2021Committee meeting
Susie Grynol
Finance committee Yes, because a program designed for our sector would give us the predictability we need to plan, and it would also give us flexibility around when the support programs end. I would also just say that we're not recommending that everybody get support if they don't need it. Built
May 18th, 2021Committee meeting
Susie Grynol
Finance committee Speaking on behalf of the coalition, because it's a much bigger number, we're talking about two million jobs here if we lose the critical infrastructure that supports these businesses. Think about all of the IT systems, the HR, the training, all of the employees. Think about clos
May 18th, 2021Committee meeting
Susie Grynol
Finance committee I will say that it made sense. The programs to date have made sense and the slashing, as you refer to it, the wind-down, makes sense probably for 90% of the economy, assuming that we don't have a fourth wave. It just doesn't make sense for this one sector. It's been clearly docum
May 18th, 2021Committee meeting
Susie Grynol