Join the movement: SaveHospitalityCA
The Food & Wine Industry Navigator has partnered with Ascari Hospitality group and #OneTable to create SaveHospitalityCA, a coalition of Canadian restauranteurs and suppliers who have united to demand more support from all levels of government.
To join the cause and read our detailed plan, visit: https://www.savehospitality.ca/
Among our detailed plan, some of the most important demands include:
• Cease the collection of commercial property taxes immediately for restaurants, bars, retail and hospitality-related businesses, and their suppliers. We asked that commercial property taxes related to all hospitality venues be waived for 18 months from March 1, 2020. A 60-day grace period has been provided for personal and business property taxes, along with water/sewer service and solid waste management, however, there has not yet been support offered with respect to electricity and natural gas utilities for businesses.
• Issue a government directive for rent and additional rent amounts to be paused temporarily from April 1st, until the government aid package outlined below can be finalized and implemented.
• Require insurance companies to cover business interruption during this time of mandated hospitality business closures. Currently, they are denying coverage for such claims.
• Require the abatement of all hospitality-related business loan payments from financial institutions. Most banks, including the BDC, are deferring the principal only and not the interest. All payments need to be deferred until the below recommended aid package can be implemented.
• Suspend all taxes owed to the federal and provincial governments including HST, EHT, source deduction obligations and corporate taxes, as well as remove any penalties and/or interest for current late payments. As long as returns for HST, EHT, and corporate taxes are filed on time, (but without payment) businesses should not be penalized or charged interest.
• Waive WSIB payments for February and March, 2020 (due March 31st and April 31st, 2020, respectively), without penalty and interest for 90 days.
• Require credit card companies to lower all interest charges on cards held by hospitality and hospitality-related businesses, including merchant services providers