Almost half of temporarily closed B.C. business unsure about ability to reopen

83 per cent of Cariboo respondents report decreased sales volumes

Results from a survey conducted by the BC Chamber of Commerce released on April 21 show a bleak economic picture for Cariboo businesses with 83 per cent (24) reporting decreased sales volumes and 59 per cent (17) reporting having closed temporarily. Of those 17 temporarily closed, one (six per cent) said they would not reopen once restrictions are eased on workplace conditions with eight being unsure and eight saying they would reopen.

That’s worse than the province overall, according to the survey which had 1,284 total participants, where 78 per cent reported decreased sales volumes and 45 per cent reported being temporarily closed. Four in ten (43 per cent) said they could only continue to operate for up to three months under current conditions. Among B.C. businesses temporarily closed 53 per cent expect to reopen when restrictions are lifted while 38 per cent are unsure and eight per cent will not reopen.

In the Cariboo, 15 out of 29 respondents (52 per cent) said they’ve laid-off employees.

According to the survey, B.C. businesses are positive about government measures for employees and ensuring supply chains remain open but they are concerned about the speed and scope of programs that support cash flow. A third of businesses say federal programs weren’t helpful because they either didn’t qualify or provided enough/timely cash flow relief. That was particularly applicable to small businesses (under five employees) who were least likely to find federal programs helpful, primarily because they do not qualify.

“Government programs are helping businesses but more supports are still needed. Entrepreneurs are saying ‘there’s a survival runway here’ and ‘this is exactly what I need to get through this crisis’. How government listens and responds to the business community in the coming weeks will be the game-changer in terms of economic recovery,” said Val Litwin, President and CEO of the BC Chamber of Commerce

The survey was conducted from April 9 to 17.

Like us on Facebook and follow us on Twitter.


Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

School District 27 will be hosting a virtual town hall with Interior Health Authority on Wednesday, Oct. 28. (Monica Lamb-Yorski photo - Williams Lake Tribune)
SD27, Interior Health hosting virtual town hall

It will be the second session to give parents an update

Up to 10 centimetres of snow were expected on Highway 97 from Clinton to Begbie Summit and in 100 Mile House on Oct.24. (Kelly Sinoski photo, 100 Mile Free Press)
More sand, plow trucks coming to region

More plows and brine trucks will be operating on the Highway 97 corridor this winter.

FILE – Provincial Health Officer Dr. Bonnie Henry provides the latest update on the COVID-19 pandemic in the province during a press conference in the press theatre at Legislature in Victoria, B.C., on Thursday, October 22, 2020. THE CANADIAN PRESS/Chad Hipolito
B.C. shatters COVID-19 records with 817 weekend cases; masks now expected indoors

Three people have died over the past three reporting periods

A nurse performs a test on a patient at a drive-in COVID-19 clinic in Montreal, on Wednesday, October 21, 2020. THE CANADIAN PRESS/Paul Chiasson
Interior Health sees 31 new cases of COVID-19 over record-breaking weekend

Eighty-six cases remain active and one person is hospitalized with the virus

RCMP have released more details regarding what led up to an arrest caught on video in Williams Lake Sunday, Oct. 26. (Facebook video screenshot)
Review launched after ‘high-risk, multi-jurisdictional’ chase, arrest in Williams Lake

RCMP launching a full review and code of conduct investigation

Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

B.C. limits events in private homes to household, plus ‘safe six’ amid COVID-19 surge

Henry issued a public health order limiting private gatherings to one household, plus a group of ‘safe six’ only

B.C. Liberal Leader Andrew Wilkinson speaks during a drive-in car rally campaign stop at a tour bus operator, in Delta, Saturday, Oct. 17, 2020. THE CANADIAN PRESS/Darryl Dyck
Andrew Wilkinson stepping down as B.C. Liberal leader

Will stay on until the next party leader is chosen

VicPD and B.C. Conservation Officer Service teamed up to free two bucks who were entangled in a fishing net and dragging a wheelbarrow sized piece of driftwood behind them. (VicPD)
VIDEO: Police, B.C. Conservation help two bucks caught in one fishing net

Bucks were also dragging a wheelbarrow sized piece of driftwood behind them

Most Read