Nova Scotia offers extra $12 million to businesses hit by latest COVID-19 lockdown
by The Canadian Press
Last Updated May 4, 2021 at 12:44 pm EDT
Finance Minister Labi Kousoulis fields questions prior to tabling the Nova Scotia budget in Halifax on Thursday, March 25, 2021. THE CANADIAN PRESS/Andrew Vaughan
HALIFAX Nova Scotia is offering more than $12 million in additional support to businesses hit by the latest COVID-19 lockdown in the province.
Inclusive Economic Growth Minister Labi Kousoulis said today the new Small Impact Business Grant targets businesses directly affected by the provincewide lockdown that went into effect last Wednesday.
Eligible businesses will receive a one-time grant equalling 15 per cent of their sales revenue for April 2019 or February 2020, up to a maximum of $5,000.
The Rankin government is pumping more than $12 million in additional support for Nova Scotia businesses hit hard by the pandemic and facing province-wide restrictions as a result of a third wave.
Three programs – one new program and two previously announced – aim to help small business owners such as restaurants, spas, hotels, gyms and hair salons.
Businesses will be supported through rebates, with an immediate infusion of cash to hire staff, pay down debt or order supplies.
Fees for businesses will also be deferred to help owners and operators during this period.
“We are moving to help because we recognize these necessary additional public health protocols are difficult for many businesses,” said Inclusive Economic Growth Minister Labi Kousoulis. “This most recent shutdown is important to stopping the spread of the virus so our businesses can reopen safely as quickly as possible.”
Keith Doucette
Finance Minister Labi Kousoulis fields questions prior to tabling the Nova Scotia budget in Halifax on Thursday, March 25, 2021. THE CANADIAN PRESS/Andrew Vaughan May 04, 2021 - 11:41 AM
HALIFAX - Nova Scotia s Liberal government announced more than $12 million in additional support Tuesday for businesses hit by the latest COVID-19 lockdown in the province.
Labi Kousoulis, minister of inclusive economic growth, said the new grant targets businesses directly affected by the provincewide lockdown that went into effect last Wednesday. We recognize that these necessary additional public health protocols will be difficult for many businesses, and that is why we are moving quickly to help, Kousoulis said during a news conference.
Supports for Business Available Soon
May 4, 2021 - 11:31 AM
The Rankin government announced today, May 4, more than $12 million in additional support for Nova Scotia businesses hit hard by the pandemic and facing province-wide restrictions as a result of a third wave.
Three programs – one new program and two previously announced –aim to help small business owners such as restaurants, spas, hotels, gyms and hair salons. Businesses will be supported through rebates, with an immediate infusion of cash to hire staff, pay down debt or order supplies.
Fees for businesses will also be deferred to help owners and operators during this period.
Nova Scotia offers extra $12M to businesses hit by latest COVID-19 wave
Keith Doucette, The Canadian Press Nova Scotia , THE CANADIAN PRESS/Andrew Vaughan
HALIFAX Nova Scotia s Liberal government announced more than $12 million in additional support Tuesday for businesses hit by the latest COVID-19 lockdown in the province.
Labi Kousoulis, minister of inclusive economic growth, said the new grant targets businesses directly affected by the provincewide lockdown that went into effect last Wednesday. We recognize that these necessary additional public health protocols will be difficult for many businesses, and that is why we are moving quickly to help, Kousoulis said during a news conference.