A single grant and a Sophie’s choice: Shane Johnson had to decide which of his two restaurants to save and which to let fail - News Summed Up

A single grant and a Sophie’s choice: Shane Johnson had to decide which of his two restaurants to save and which to let fail


Instead, Johnson, 46, got a single grant and a Sophie’s choice: He had to decide which of his Cora eateries to save and which to let fail. While the province has billed its now-defunct Ontario Small Business Support Grant and its new Ontario Travel and Tourism Small Business Support grant as balm for businesses, this financial relief is not given to each company that meets the criteria. To most entrepreneurs, an “affiliated” business implies that one business was established to help another. To date, more than $2.9 billion in grants has been distributed to 111,000 small businesses across the province, the Ministry of Finance said. Kwiecinski said there are thousands of small business that have suffered the same revenue losses even though they were allowed to remain open with capacity restrictions.


Source: thestar July 08, 2021 00:11 UTC



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