Many restaurants have closed in response to COVID-19. (Ashley Wadhwani/Black Press Media)

Businesses tepid toward B.C. COVID recovery plan, seek bold response: survey

Only 16 per cent of businesses were confident in B.C.’s restart plan and 47 per cent were not

The latest survey of businesses in British Columbia reveals few are confident the province’s $1.5-billion recovery plan will help them survive or succeed.

The survey of 1,401 member businesses from groups including the BC Chamber of Commerce, Greater Vancouver Board of Trade and Business Council of B.C. indicates owners want a bold, long-term recovery plan.

Only 16 per cent of businesses were confident in B.C.’s restart plan and 47 per cent were not.

Two-thirds of those surveyed were relying on some form of government support and owners were braced for a “second wave” of shutdowns or other problems if programs expire too quickly.

Some 28 per cent believed they’ll return to normal once programs end, 32 per cent expected to cut workers’ hours, 27 per cent anticipated layoffs, and one business in every 10 forecast either temporary or permanent closure.

Owners say payroll and wage supports must remain key components of B.C.’s recovery plan, along with fee and tax cuts.

The survey also identified expectations that the province must create better investment conditions.

Bridgitte Anderson, president and CEO of the Greater Vancouver Board of Trade, says business viability hinges on those measures.

Val Litwin with the BC Chamber of Commerce urges policy-makers to ”stay sensitive” to the vulnerability of the business sector.

“A bold economic recovery plan that helps small businesses compete is non-negotiable for a prosperous B.C., and when small businesses thrive so do communities and people,” Litwin said in a statement.

“Governments must keep focused on delivering their recovery plans swiftly.”

The survey, conducted with the Mustel Group, is the fourth in a series examining the effects on B.C. businesses since the pandemic flared in March.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

Coronavirus

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

McDougall-Percillier gets top Rugby Canada honour

“I’m really stoked about getting this award”

Business notes: WINGS set to close on Aug. 29

A few of the things going on in Cowichan’s business community

Collision knocks over fire hydrant on Ypres Street

Duncan firefighters quick to get situation under control

Pumps not needed on the Cowichan River this year

Wet year so far has resulted in higher water levels

‘Don’t kill my mom’: Ryan Reynolds calls on young British Columbians to be COVID-smart

‘Deadpool’ celebrity responds to premier’s call for social influence support

Captain Horvat’s OT marker lifts Canucks to 4-3 win over Blues

Vancouver takes 2-0 lead in best-of-7 NHL playoff series with St. Louis

Widow of slain Red Deer doctor thanks community for support ahead of vigil

Fellow doctors, members of the public will gather for a physically-distanced vigil in central Alberta

Protesters showcase massive old yellow cedar as Port Renfrew area forest blockade continues

9.5-foot-wide yellow cedar measured by Ancient Forest Alliance campaigners in Fairy Creek watershed

Taking dog feces and a jackhammer to neighbourhood dispute costs B.C. man $16,000

‘Pellegrin’s actions were motivated by malice …a vindictive, pointless, dangerous and unlawful act’

Racist stickers at Keremeos pub leaves group uneasy and angry

The ‘OK’ hand gesture is a known hate-symbol

VIDEO: World responds to B.C. girl after pandemic cancels birthday party

Dozens of cards and numerous packages were delivered to six-year-old Charlie Manning

Expected fall peak of COVID-19 in Canada could overwhelm health systems: Tam

National modelling projections released Friday show an expected peak in cases this fall

Most Read