COVID-19 Upate | Tuesday, April 7
April 7, 2020 / Really Old Microsites
Congress Today, Senate Majority Leader Mitch McConnell said that he would work with Minority Leader Chuck Schumer on a deal to increase funding for the Paycheck Protection Program (PPP), which has been massively oversubscribed since it opened last week, by $250 billion, adding to the initial $350 billion in funding. His goal is to pass this […]
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Canadian COVID-19 Update | Tuesday, April 7
April 7, 2020 / Really Old Microsites
TIAC’s Work TIAC’s President and CEO, Charlotte Bell, is preparing for tomorrow’s appearance at the Parliamentary Finance Committee (FINA). This committee studies and reports on all matters relating to the management and operation of federal departments and agencies, including the Department of Finance, and conducts consultations with selected industry experts. This appearance will provide TIAC […]
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COVID-19 Update | Monday, April 6
April 6, 2020 / Really Old Microsites
Congress Consensus continues to build around the need to extend and expand provisions contained in CARES Act to continue to provide relief to individuals and businesses impacted by COVID-19. House Speaker Nancy Pelosi announced today that the House will allow Members to file bills, resolutions and other legislative documents electronically for the first time starting […]
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Canadian COVID-19 Update | Monday, April 6
April 6, 2020 / Really Old Microsites
TIAC’s Work TIAC’s President and CEO, Charlotte Bell, has been invited to speak to the Parliamentary Finance Committee (FINA) on Wednesday April 8 from 4:00-6:00 pm EST to discuss the impact of COVID-19 on the tourism sector. To build on the ongoing feedback we are getting from members through the survey and direct communications, we […]
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COVID-19 Update | Monday, April 6 (Weekend Update)
April 6, 2020 / Really Old Microsites
Congress Top Congressional Democrats wrote the Administration over the weekend requesting that grants provided to air carriers and other industries not be tied to overly restrictive terms – the letter states that “assistance must not come with unreasonable conditions that would force an employer to choose bankruptcy instead of providing payroll grants to its workers.” […]
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COVID-19 Update | Friday, April 3
April 3, 2020 / Really Old Microsites
Congress Speaker of the House Nancy Pelosi indicated on Friday that she was in favor of a more focused fourth COVID-19 relief package. Pelosi indicated that the bill should be an expansion of the CARES Act to include additional funds for states, expanded payroll protection for small businesses, and additional help for the unemployed, in […]
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Canadian COVID-19 Update | Friday, April 3
April 3, 2020 / Really Old Microsites
TIAC’s Work TIAC has continued to collect feedback from the industry on the impact of COVID 19 and recent government relief measures to address the crisis. We continue to share this information with government officials. Your feedback is invaluable to us and we encourage members to continue to provide this information. Today TIAC, Restaurants Canada and […]
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COVID-19 Update | Thursday, April 2
April 2, 2020 / Really Old Microsites
Administration Further guidance for COVID-19-Related Tax Credits for Required Paid Leave Provided by Small and Midsize Businesses has been released by the Treasury Department and can be found here. The Treasury Department issued a statement stating that Social Security beneficiaries who are not typically required to file tax returns will not need to file an […]
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COVID-19 Update | Wednesday, April 1
April 2, 2020 / Really Old Microsites
Administration The Trump Administration remains likely to delay tariff payments for some goods for up to 90 days, despite publicly stating this was not under consideration. July 1st has become the earliest that the United States-Mexico-Canada trade agreement could go into effect, as the signatory nations failed to meet a deadline on Tuesday to replace […]
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Canadian COVID-19 Update | Thursday, April 2
April 2, 2020 / Really Old Microsites
TIAC’s Work Building on the ongoing feedback we are receiving from members through our survey and direct communications, we are analyzing and segmenting priority topics that help us inform our relief requests and recommendations to Government, as such, we will be reaching out to members that can provide additional input on the following topics: liquidity […]
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