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As the code red lockdown continues past the holiday season, the pulse of Winnipeg small business is growing weak despite injections of government survival cash.
Jonathan Alward, director of provincial affairs for the Manitoba branch of the Canadian Federation of Independent Business (CFIB) told the
Winnipeg Sun on Tuesday that many Winnipeg small businesses are considering bankruptcy.
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He said the city’s COVID-19 Economic Support Grant Program, which offers a one-time $1,500 grant to small businesses that have been forced to close due to the lockdown, won’t be enough to resuscitate small businesses in terms of the high number of applicants and the finite amount of cash available.