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CME calls for additional support for manufacturers and suppliers
- March 26, 2020
- News Release
- Health & Safety
Canadian Manufacturers & Exporters (CME) is calling on the government of Ontario to provide clarity on the 14-day non-essential business shut-down. Although the organization accepts the necessity of the shut-down, it stressed concern about the impact it will have on manufacturers, employees, and the supply chain.
Dennis Darby, president and CEO of CME, called on the provincial government to provide clarity on what is the definition of an essential business and establish key inputs across the supply chain to allow operations to continue effectively.
Although the measures are a good first step, CME believes that additional support measures will be necessary for businesses to make it through this difficult time. It suggests direct financial grants, partial wage subsidies, and deferrals of all government taxes and fees are critical measures that will help businesses of all sizes weather this crisis.
“Canadian businesses are facing dark days ahead and the manufacturing sector will not escape unscathed," said Darby. “While this decision is necessary from a public health standpoint, it must be balanced by immediate support for industry. More must be done and soon.”
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