In accordance with Statistics Canada, small companies symbolize 98 per cent of all employer companies in Canada and have been extra prone to expertise a lower in income within the present financial surroundings
Hydro One has introduced a Small Enterprise Pandemic Reduction Program to supply monetary help and adaptability to its small enterprise clients.
Because the pandemic started, the corporate has seen the excellent balances of enterprise clients enhance by 51 per cent. Mixed with the Authorities of Ontario’s COVID-19 Vitality Help Program (CEAP) for Small Enterprise, Hydro One’s new reduction program will assist join clients with as much as $3,000 in monetary help in keeping with a information launch.
“Small companies are the guts of a group and they’re dealing with severe challenges throughout this unprecedented time,” stated Mark Poweska, President and CEO, Hydro One. “As a customer-driven group, we consider we’ve an essential duty to assist native economies and assist small companies with monetary reduction and adaptability. Our Buyer Care Staff is able to shortly join clients with as much as $3,000 of economic help, authorities reduction and versatile cost plans to permit enterprise house owners to give attention to what issues – staying secure and making it via this difficult time.”
“As drivers of financial progress throughout Ontario, small companies want our assist now greater than ever,” stated Rocco Rossi, President and CEO, Ontario Chamber of Commerce. “By means of Hydro One’s new Small Enterprise Pandemic Reduction Program, small companies throughout the province will get entry to helps they want and deserve.”
In accordance with Statistics Canada, small companies symbolize 98 per cent of all employer companies in Canada and have been extra prone to expertise a lower in income within the present financial surroundings.
Along with Hydro One’s Small Enterprise Pandemic Reduction Program, residential clients behind on their funds can contact Hydro One to entry its Pandemic Reduction Program, which has been offering residential clients with monetary assist and cost flexibility since March.