Lockdown Support Program loss bar will be lowered

Published décembre 22, 2021

At a press conference at 12p.m. today, December 22, 2021, Prime Minister Trudeau and various Cabinet Ministers reported on the country’s current COVID-19 situation.

Restaurants Canada has been working with the federal government to expand eligibility for financial support programs. In particular, we asked that the 40% threshold on current losses and for the last 12 months of the Tourism and Hospitality Recovery Program be lowered. We also asked for the Lockdown Support Program to apply when restaurant capacity is limited to percentages by the provinces, and not only when restaurants are forced to be completely closed.

Mr. Trudeau and Ms. Freeland have listened our demands, since today they confirmed that the Lockdown Support Program 40% loss bar will be lowered to 25%, and that it will only apply for the current month, and not for the past 12 months. This measure will be in place from December 19 to February 12, covering two wage and rent subsidies periods, covering salaries and rents at a one-to-one ratio, up to 75%.

Moreover, the Lockdown Support Program will now apply when capacity restrictions are 50% or more, not just when the restaurant is fully closed.

Links to the announcement backgrounders:

Restaurants Canada welcomes this news. A significant number of our members will now be able to apply for these programs and will thus be able to get through the restrictions that have been put in place.

We continue to work closely with all levels of government in order to ensure we get through this crisis together.

Restaurants Canada Digital

Nam dapibus nisl vitae elit fringilla rutrum. Aenean sollicitudin, erat a elementum rutrum, neque sem pretium metus, quis mollis nisl nunc et massa. Vestibulum sed metus in lorem tristique ullamcorper id vitae erat.

More from Restaurants Canada Digital
Sysco