Lockdown de-escalation takes a toll on Nova Scotia businesses | CFIB
Halifax, June 15, 2021 – Nova Scotia’s lockdown de-escalation continues to take a toll on businesses according to the latest data on the Canadian Federation of Independent Business (CFIB)’s Small Business Recover Dashboard. Eighty per cent of Nova Scotia business owners say they are operating bellow pre-pandemic revenue levels with only one in two businesses being fully open.
“With so many businesses not fully open because of the continuing health restrictions, it’s no wonder almost half of our members (49 per cent) are concerned about their ability to pay their bills,” said CFIB Senior Director of Legislative Affairs in Atlantic Louis-Philippe Gauthier. “The slow pace of reopening is extremely frustrating for many business owners.”
32 per cent of business owners say the reopening plan of the Nova Scotia government is too slow.
CFIB is urging the Nova Scotia government to:
- Shorten the interval between further rounds of reopening.
- Update its reopening plan and bring in clear guidance on the lifting of travel restrictions to the rest of Canada.
“As it stands Nova Scotia’s reopening plan is incomplete. With 49 per cent of our members saying they are concerned about getting clear government information on the rules, knowing how and when the self-isolation provisions for travelers from the rest of Canada will be lifted is key for many operators,” said CFIB president Dan Kelly.
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Source for CFIB data
Preliminary results for Your Voice – June 2021 survey. The online survey started June 3, 2021, n = 2,989. For comparison purposes, a probability sample with the same number of respondents would have a margin of error of +/-1.8%, 19 times out of 20.
The Canadian Federation of Independent Business (CFIB) is Canada’s largest association of small- and medium-sized businesses with 95,000 members across every industry and region, including 3,900 in Nova Scotia. CFIB is dedicated to increasing business owners’ chances of success by driving policy change at all levels of government, providing expert advice and tools, and negotiating exclusive savings. Learn more at cfib.ca.