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Rainy day fund claims are all wet
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Record rainy day fund withdrawal
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The hard-hit hospitality industry got a boost on Tuesday with the announcement of a new $8-million fund that will provide an offset to costs incurred during the COVID-19 pandemic.
Administered by the Manitoba Hotel Association and the Manitoba Lodges and Outfitters Association, the fund will send money to hotels and licensed resource tourism operators for fixed costs that haven’t been covered by previous relief programs.
The Blue Crescent Hotel in Rivers, which opened in January 2020, has been at 90 to 100 per cent capacity for several months now, according to general manager Tracy Mansell. (File)
The costs covered by this program include property insurance, mortgage interest, property taxes, land leases, service fees, maintenance of camps and resource retention costs.
WINNIPEG From capacity limits to VLTs, Manitoba restaurants have mixed feelings about the loosened restrictions announced by the province. After serving only take-out for weeks, Pasquale s Italian Ristorante is now reopening. Joe Loschiavo, the owner, was waiting for the province to announce the restaurant could open at 50 per cent capacity. While it happened on Tuesday, it isn t all smiles. A little bit of everything. Happy, disappointed, frustrated, because again, for us to open at 50 percent capacity with single households, we will not fill up, said Loschiavo. The Manitoba Restaurant and Foodservices Association claims the province isn t addressing the root problem plaguing the industry.
Bridge grant extension pleases business community
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