On behalf of the networks of local chambers of commerce and boards of trade serving communities affected by the past week’s flooding, today, the Canadian Chamber of Commerce and the Alberta Chambers of Commerce called on governments to respond swiftly and effectively to the needs of businesses—particularly small and medium-size businesses—to help ensure their survival and the ongoing prosperity of the communities they support.
The effects will be felt well beyond the flooded areas themselves. The disaster has damaged buildings and destroyed inventory and financial records. It continues to prevent many businesses from restoring operations. Our members employ tens of thousands of Canadians. While it is too early to assess the exact economic impact of the flooding, governments must address the needs of business in their assistance, recovery and reconstruction plans.
We call on all orders of governments to recognize the challenges businesses face in making payments, producing records and meeting filing deadlines as a result of the disaster. We request governments to direct all departments to actively seek ways to reduce the administrative burdens for all business during these very difficult times. Additionally, because many of the losses incurred will not be covered by insurance, any financial assistance for which businesses are eligible must be provided as rapidly as possible.
The chamber network will work both with its members and with governments to assist with the recovery in any way it can.
For additional information please contact Ken Kobly, CEO, Alberta Chambers of Commerce or Perrin Beatty, CEO, Canadian Chamber of Commerce.