Following the release of the Ontario Provincial Government's 2021 Budget, Ontario’s Action Plan: Protecting People’s Health and Our Economy, the Kingston Chamber of Commerce has also released the following statement:
Ontario’s 2021 Budget offers supports for the hardest-hit sectors and communities, much-needed aid for women, and key economic investments in tourism, training, and vital infrastructure such as broadband.
The government’s plans to create a task force for inclusive growth and create targeted supports for women, who have been disproportionately affected by the pandemic, are essential to our economic recovery and future prosperity.
The Ontario Tourism Recovery Program, the Ontario Tourism and Hospitality Small Business Support Grant, tax credits to encourage safe travel within Ontario, and other financial reliefs for tourism and hospitality companies are vital in cities like ours. When health experts can once again recommend travel, we look forward to welcoming Ontarians back to Kingston – and hope, with these supports, that our hospitality and tourism providers will be there to welcome them.
“The province’s commitments to continue capital and grant programs for small businesses and entrepreneurs, and in particular automatically renewing the Ontario Small Business Support Grant, will be an important lifeline for businesses struggling to survive.
“With a housing shortage and major infrastructure projects underway, investments in skilled trades education are timely and smart additions to the province’s other supports.
“While all these programs will support our economic recovery, the single most important priority for all Ontarians remains the roll-out of the COVID-19 vaccine. We’re encouraged by the additional measures announced to help widen access to the vaccine, and look forward to continued progress in vaccine distribution.”
Many of these programs have only just been announced and have not yet opened. We will provide further details as they become available through the Chamber newsletter, events, and other channels. Should you have questions or comments, please get in touch.
CEO, Greater Kingston Chamber of Commerce
Do you like this post?