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Dr. Courtney Kennedy, owner and optometrist of Kennedy Eye Clinic in Saskatoon; and Laura Gustafson, Founder of ulivit, creator of sustainable, Canadian-made, plant-based foods. We are proud to recognize the many outstanding Saskatchewan women creating and operating businesses; they are driving our economic growth and supporting families and communities right across our province, Trade and Export Development Minister Jeremy Harrison said. Our government remains committed to supporting women entrepreneurs and the business community as we emerge from the pandemic together and through the economic recovery in the months ahead. As part of the economic recovery plan, the province has implemented various business support programs to provide immediate and ongoing assistance to those businesses who have had to fully or partially close during the global pandemic. These programs include the Re-Open Saskatchewan Training Subsidy, the Saskatchewan Small Business Emergency Payment
Sask. budget: Government says it will spend $1.5B on COVID-19 supports this year
The provincial government will spend $1.5 billion on direct COVID-19 supports in the coming fiscal year, according to budget estimates released Tuesday.
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As the province slowly starts to open up, there are serious questions about how many businesses in the hospitality and arts and recreation and information industries will be able to continue forward.
A study released this week by the Canadian Federation of Independent Business does a deep dive on debt levels for small businesses across the country.
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Try refreshing your browser, or ALDRICH: COVID has businesses struggling with debt, CFIB study shows Back to video
Not every business has had to take on debt, but the vast majority have had to dig a financial hole. Those in Manitoba and Saskatchewan that have had to go the route of loans to stay afloat have taken on $180,858 of COVID-related debt. It’s the third highest mark in Canada ($169,992 average) behind just Ontario ($207,611) and Alberta ($185,732).