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'Final Nail In The Coffin': Retail Industry Urges Ontario To Ease Lockdown Restr...


Publication Date:
2020-11-23
Description:
"For many struggling businesses, this could be the final nail in the coffin," a representative from the Canadian Federation of Independent Businesses (CFIB) said of Ontario's lockdown restrictions. Yahoo Finance Canada'Final nail in the coffin': Retail industry urges Ontario to ease lockdown restrictions Alicja Siekierska November 23, 2020, 2:28 p.m.�3 min read Retail industry representatives are urging the Ontario government to reconsider newly implemented lockdown measures in Toronto and Peel regions, and allow non-essential retailers to reopen for the critical holiday season. The province announced last week that starting Monday all non-essential retail stores in Toronto and Peel will be limited to curbside pick-up only for at least 28-days. Some retailers, including grocery, hardware and big box stores, are allowed to remain open with reduced capacity. The Retail Council of Canada (RCC) and the Canadian Federation of Independent Business (CFIB) are pushing the government to allow non-essential retailers to open, saying the lockdown threatens the survival of many small businesses that depend on the busy holiday shopping season. "For many struggling businesses, this could be the final nail in the coffin," Julie Kwiecinski, CFIB's Ontario director of provincial affairs, said in an interview. "They were hoping that their sales would go up in this make-or-break holiday season. With the policies now in place in Toronto and Peel, they clearly won't see sales go up, so ...
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