Alberta businesses declined millions in federal help during COVID-19′s first wave

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Alberta businesses declined millions in federal help during COVID-19′s first wave
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Amid the chaos of the first wave of COVID-19, some businesses found federal aid programs confusing, others had to determine whether they qualified – and if it was worth the hassle

A review of Alberta's response to the first wave of COVID-19 conducted by KPMG concluded Alberta business owners did not access a federal-provincial rent relief program to its full potential.Alberta businesses, many of which believed they were on the brink of financial failure as the coronavirus tanked the economy, left millions of dollars worth of government assistance on the table in the first wave of the pandemic, according to an external report.

“It was such an overwhelming time, with so many things being launched at the same time,” said Deborah Yedlin, the president of Calgary Chamber of Commerce. “People had to figure out what applied to them and where they should apply – and it just took a little longer for things to fall into place.” Many Albertans, Ms. Massie said, are also skeptical of government assistance, and worried the rules may change without notice, leaving them on the hook for money they don’t have.

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