This morning the Canadian Chamber of Commerce launched the Canadian Business Resilience Network (CBRN) in partnership with the Government of Canada to help the business community. The CBRN is a coordinated, business-led, inclusive campaign that will focus on providing businesses the tools they need to mitigate the impact of the pandemic, and includes resources on containment measures, business continuity, how to support a business, and planning for economic recovery.
The CBRN will:
- Give tools and supports to businesses in their continuity efforts – from development to implementation;
- Provide a consistent and reliable flow of accurate and up-to-date information;
- Work closely with federal government and within the business community to ensure the right supports are in place, and to be a conduit for information from the government to the private sector (and vice versa);
- Aim to instill confidence in Canadian business and the economy.
The Canadian Business Resilience Network brings together the Canadian Chamber’s vast network of over 450 local chambers of commerce and boards of trade, along with over 100 of Canada’s leading business and industry associations, including the Business Council of Canada, the Canadian Council for Aboriginal Business, the Canadian Federation of Independent Business, and Canadian Manufacturers and Exporters.
To better measure the impact of COVID-19, businesses are being encouraged to fill out this survey from Statistics Canada, and local chambers are holding webinars and keeping track of what’s open for business. The BC Chamber of Commerce has compiled a list of resources, and you can find your local or nearest chamber on their membership directory.
As many business and personal tasks and transactions have moved online, it is a good time to check in with your bank to ensure you have access to CERB — the Canadian Emergency Response Benefit — through direct deposit for individuals, as applications have now opened, and as a business, look for updates from your bank on the new Canada Business Emergency Accounts, and other loan options. The Business Development Bank of Canada has a short summary.
NEXT UPDATE, WEDNESDAY, APRIL 8