On March 24, 2021, the 2021 provincial Ontario Budget was released, and it includes a number of measures pertinent to Ontario’s foodservice and hospitality industries. Notably, the Ontario budget announced the extension of an existing support grant for small businesses, as well as a new financial support specifically for tourism and hospitality. Ontario Small Business […]
The deadline for applications for the new Canada Emergency Business Account (CEBA) is being extended from March 31 to June 30, 2021. The federal government is now allowing eligible businesses to apply for the interest-free loan until the end of June. The program had previously been set to expire on March 31. “The extension will […]
The Fund aims to raise $5 million to help a minimum of 1,000 food and beverage establishments across the province in 2021 The Ontario Restaurant and Bar Support Fund has officially launched with the aim of offering financial support to the province’s struggling foodservice operations. The Fund is a registered not-for-profit organization intent on saving […]
Winners can use the COVID-19 Restaurant Relief Grants to help offset operating costs amid the ongoing pandemic. DoorDash has announced the Canadian winners of its COVID-19 Restaurant Relief Grants program through the company’s five-year, US$200 million Main Street Strong Pledge. The grants come as part of DoorDash providing C$1,125,000 to help eligible restaurants in Montreal, Toronto, […]
Calgary’s Blowers & Grafton has thrived during the pandemic thanks to painstaking planning and Merchant Growth’s solutions By Tom Nightingale Foodservice and hospitality is often a fine-margin business even at the best of times. There’s so much to juggle financially, from day-to-day product and operational expenses to salaries, from rent and insurance to health and […]
The Fifteen Group’s David Hopkins gives reason for Canadian foodservice to be optimistic in 2021, even if more help is still needed
Delivery service DoorDash has launched a new initiative to help Canadian restaurants that are navigating uncertainties during COVID-19. The delivery company has announced it will be providing $1,125,000 CAD in local grants that can be used by struggling restaurants in Toronto, Montreal, and Vancouver to offset costs as they continue to recover from the COVID-19 […]
The Small Business Support Grant provides $10,000 to $20,000 to eligible small businesses affected by the provincewide shutdown.
With 2020 in the rearview mirror, RestoBiz reviews ORHMA’s most-read news of the year, including announcements and advocacies.
For operators struggling to mitigate the continued financing impacts of COVID-19, debt consultants can provide relief and solutions.
