|COVID-19 Wrap UpThursday, April 9, 2020|
This Week’s Situation Report
The Ontario government made the following announcements:
April 9: A new Ontario Jobs and Recovery Committee which will focus on getting businesses up and running and people back to work after the COVID-19 pandemic is over.
April 7: A commitment of $37 million to support outbreak planning, prevention and mitigation to ensure the health and well-being of Indigenous people and communities.
April 6: One-time financial assistance to families during school and child care closures.
April 4: An investment of up to $40 million to support organizations that provide residential services for children and youth, people with developmental disabilities and emergency shelters for women and families fleeing domestic violence.
On April 6, Public Health Ontario issued an updated technical brief: IPAC Recommendations for Use of Personal Protective Equipment for Care of Individuals with Suspect or Confirmed COVID-19.
Update to Federal Wage Subsidy Program
Yesterday, the Federal government relaxed the parameters to qualify for the federal wage subsidy program. Companies can now compare their lost revenue to the average of what they made in January and February of 2020 and will only need to show a 15 per cent decline in March. For the months of April and May, businesses will need to demonstrate 30 per cent losses once again. More details can be found here.
Canada Emergency Business Account
To ensure that small businesses have access to the capital they need to see them through the COVID-19 pandemic, the Government of Canada launched the Canada Emergency Business Account, which is currently being implemented through eligible financial institutions. This program will provide interest-free loans of up to $40,000 to small businesses and not-for-profits that can demonstrate they paid between $50,000 to $1 million in total payroll in 2019.
Small businesses owners should contact their financial institution. For more information on all the Government of Canada’s new programs and loans for businesses impacted by the COVID-19 pandemic, click here.
New FAQ Resource for Fed Programs
In an important new document, Emond Harnden LLP addresses common questions we have received from members about the Canada Emergency Response Benefit and Canada Emergency Wage Subsidy. The firm also send a letter to the Minister of Labour urging action on measures which could relieve impending financial challenges for employers and the employees who depend on them. Access both documents from the COVID-19 Employment & Financial Resources section of the member website.
Moneris is working with members to assist with their changing business needs and requirements to help them through the COVID-19 crisis. Contact the Moneris Support Centre at 1-800-319-7450 – have your Moneris merchant number ready so the support team can easily access your account information.
Banks Offering Financial Assistance
The ODA has collected links to financial assistance support the top banks are offering to their clients during the pandemic. Find them here. We hope this information will be helpful to you. However, we recommend that you contact your accountant and/or banking institution directly for advice and guidance that would apply to your specific individual situation.
Ontario Government Health-Care Worker Recruitment
The Ontario government is actively recruiting health-care workers to increase the frontline capacity of hospitals, clinics, and assessment centres through an online tool that will help match skilled frontline workers with employers. The ODA is reviewing the tool and is working to coordinate efforts with the Ministry to maximize the impact of dentists who wish to volunteer.
Call for Ventilators and Other Medical Equipment
As efforts to manage and contain the outbreak of COVID19 continue, the Ministry of Health is requesting your support. It reports that the demand for ventilators is urgent and increasing the availability of standard ventilators, emergency transport ventilators, anesthesia gas machines capable of providing controlled ventilation or assisted ventilation, or other appropriate equipment is a high priority.
The Ministry has committed to working with owners to catalogue the equipment and to ensure it is properly returned. The ODA is working with the Ministry of Health to inform template agreements to this end. Offers may be sent directly to the ministry at RegulatoryProjects@ontario.ca.
ASM20 Registration Refunds
The ODA is now ready to process full refunds to ASM attendees starting the week of April 13. With the large volume of refunds that need to be processed, and the need for the ODA to be reimbursed by our event suppliers, it may take up to 45 days to complete this process for everyone. More details can be found here.
|Ontario Dental Association|
4 New Street, Toronto, Ontario M5R 1P6
416-922-3900 | 1-800-387-1393