Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Given a 4% rate of delivery on the Recovery Grant program, will Premier Horgan’s government be able to do any better with this one?

The failure of the BC NDP government’s Small and Medium Business

Recovery Grant can only be described as a Large failure.

 

Here in BC, according to the Province newspaper ... the Small and Medium Business Recovery Grant program, which was launched in October, provides non-repayable grants of up to $30,000 for struggling businesses or up to $45,000 for tourism operators, but many businesses are struggling to qualify. Kahlon said Wednesday only $12 million of the $300 million earmarked for the grant program had actually been delivered to business owners...

 

Next door in Alberta however, it's a whole different story. There, the Small and Medium Enterprise Relaunch Grant, launched at the end of June 2020, was funded with a government commitment of half a billion dollars ($500 million).

 

AND it’s been successful – very successful.

 

As of the beginning of this month (February 1st) Alberta’s Conservative government had already delivered more than $327 million to over 47,000 businesses – two thirds of the total funds available.

 

So, the question must be asked, ‘Why is BCs NDP government, unlike Alberta, unable to provide desperately needed funding for business here?’

 

Why can’t BC NDP Jobs Minister Ravi Kahlon deliver the same kind of results?

Yesterday Kahlon announced another new financial package to business, the Launch Online Grant program, which he stated is to help over 1,500 eligible small- and medium-sized B.C. businesses adapt to changes in consumer behaviour and pivot to market their products online.  

 

While the Launch Online Grant program -- designed to provide funding for businesses to launch new online stores -- is being funded with $12 million, the fair question to ask is how much of that will get to BC’s struggling businesses?

 

Given a 4% rate of delivery on the Recovery Grant program, will Premier Horgan’s government be able to do any better with this one?  Only time will tell.

 

Meantime, how many more businesses will be hanging out signs saying CLOSED ... forever?

 

Care to share your thoughts?

Comments

  1. My contacts in the SME world say that the application process is too onerous and does not provide enough certainty. Owners are scrambling to survive, so creating and submitting business plans and many other documents is something no one has time to do - especially when there is not a lot of confidence that the person "approving" has any real idea how your business operates. I sense there is a gap between what well-intentioned bureaucrats (very few having any experience being an owner/operator) think is appropriate to "help" the owner (while avoiding wasted grants and fraud) on one hand, and what would really help all those owner in each SME's unique situation on the other.
    Although this may seem scandalous to some, I'd go with the pay-everyone model: send money to every SME, and tax back any profits. Get the money out ASAP - this literally could be a lifesaver for many small enterprises.

    ReplyDelete

Post a Comment

Popular posts from this blog

It seems the call for blood donors is being responded to, however ... “This effort is a marathon, not a sprint” says Canadian Blood Services

A week and a half ago I wrote the commentary ... “ While the national inventory is currently strong, an increase in blood donor cancellations is a warning sign of potential challenges to maintaining a health inventory of blood ” It was written as a result of talk about a potential blood shortage that would occur if people stopped donating due to the COVID-19 virus. It seems the call to Canadians was responded to, however, as I was told this afternoon ... “ T his effort is a marathon, not a sprint ”. As it now stands now, donors are able to attend clinics which are held in Vancouver (2), Victoria, Surrey, and in Kelowna, so I asked if there any plans to re-establish traveling clinics to others communities - for example in Kamloops, Prince George, Prince Rupert, Revelstoke or Cranbrook, and perhaps further north at perhaps Ft. St. John? According to Communications Lead Regional Public Affairs Specialist Marcelo Dominguez, Canadian Blood Services is still on

FEDLSTED -- Rules will have to relax-- the question is how and when

The media has created a fervour over the mathematical models that allegedly help governments predict the future of Coronavirus infections in the general population. Mathematical modelling has limited use and value. We need to understand is that the data available on Coronavirus (COVID-19) infections in Canada is far too small for statistical reliability. The data available for the whole world is useless due to variables in how nations responded to Coronavirus infections. There is no commonality in steps taken to combat virus spread and no similarity in the age demographics of world nations, so the numbers you see on the daily tracking of world infections are not useful in developing a model of infection rates that can be relied on. Mathematical models of the future spread of Coronavirus are better than nothing, but not a whole lot better.  Mathematical models must include assumptions on virus spreads, and various factors involved. As they are used in projections, a small erro

WUN FEATHER -- can we just put those two names to bed for a while? You can call me an ‘Indian’ and I won't mind. And let's not call the farmers and ranchers ‘Settlers’ anymore

Hey there # TeamCanada !   I can't take it any more! Well, I guess I can, but I don't want to. I want to talk about the names we call each other. My very best friends, and all my Elderly Aunts and Uncles call me an Indian. I have walked into the most magnificent dining hall at the Air Liquide Head office, Quai D'orsay in Paris, France, surrounded by the worlds top producing Cryogenics team, and Patrick Jozon, the President of Air Liquide, has seen me enter the room, and yelled: " Bonjour! There is Warren! He is my Indian friend from Canada! He and I chased Beavers together in Northern BC!" And over 400 people turned to look at me and then they all smiled, and nodded. To most European people, an Indian is an absolute ICON!   The ultimate symbol of North America. They love us. And then, one time I had just gotten married and took vacation days off to take my new wife to meet my Grandmother; I was so proud. But as soon a

Labels

Show more