N.S. businesses worry province's financial relief measures won't save them - News Summed Up

N.S. businesses worry province's financial relief measures won't save them


Dozens of small business owners in Nova Scotia say the emergency measures put in place to help them weather the COVID-19 crisis will only drive them deeper into debt and eventually out of business for good. The province has announced a rent deferral program, but Lara Cusson of Café Lara on Halifax's Agricola Street is giving it a low rating. (CBC)On Friday the province announced a three-month rent deferral program. (CBC)"It really does seem that — for the small business owners — the only way out is to take a loan out from a bank. "[The rent deferral program] was to ensure that landlords walked in and treated their tenants with understanding," the premier said.


Source: CBC News March 30, 2020 21:11 UTC



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