COVID-19 Update | Tuesday, March 31
March 31, 2020 / Really Old Microsites
Administration The Treasury Department issued “Guidelines and Application Procedures for Payroll Support to Air Carriers and Contractors and Procedures and Minimum Requirements for Loans to Air Carriers and Eligible Businesses and National Security Businesses” with respect to the $58 billion ($25 billion in grants and $25 billion in loans for passenger air carriers and $4 […]
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Canadian COVID-19 Update | Tuesday, March 31
March 31, 2020 / Really Old Microsites
TIAC’s Work Today, TIAC welcomed news that the government is implementing a key recommendation from the Canadian Airports Council, supported by TIAC in its letter to Minister Morneau, dated March 16: government will be waiving rents for a number of airport authorities across the country. The announcement will apply to 21 airport authorities, with comparable […]
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COVID-19 Update | Monday, March 30 (PM)
March 30, 2020 / Really Old Microsites
Administration The President mentioned during tonight’s press conference that U.S. companies have developed 20 emergency testing options, including Abbot’s new 5-minute test. President Trump also referenced a new process that has been developed by Battelle that is now in use in New York that allows masks to be sterilized and reused. The President did not […]
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COVID-19 Update | Monday, March 30 (AM)
March 30, 2020 / Really Old Microsites
Administration The President last night extended social distancing guidelines through the end of April, a change from the President’s stated desire to reopen the country by Easter Sunday (April 12). The announcement suggests that Americans should continue to avoid all nonessential travel, including going to work (unless essential), eating at bars and restaurants, and gathering […]
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COVID-19 Update | Monday, March 30 (Canada)
March 30, 2020 / Really Old Microsites
TIAC’s Work TIAC continues to work with government officials in the Ministers of Finance and Economic Development offices to ensure that tourism businesses are covered by the 75% wage subsidy announced on Friday (with more detail today from the Prime Minister), as well as other measures addressing credit through the CERB and other credit facilities. We understand that […]
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COVID-19 Update | Friday, March 27 (Canada – PM)
March 27, 2020 / Really Old Microsites
TIAC’s Work Today’s official announcements “to help small businesses keep more employees on payroll” represent a significant win for the industry, with new measures responding in large part, to the ongoing push TIAC has been making to Government seeking support for our members. We also launched a joint campaign with our partners at Restaurants Canada […]
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COVID-19 Update | Friday, March 27 (PM)
March 27, 2020 / Really Old Microsites
Administration The President has signed H.R. 748, the CARES Act, late this afternoon. The bill is now law, meaning many provisions take effect. We will follow up with a document early next week outlining the most important effective dates to note. The President has invoked the Defense Production Act to require General Motors to produce […]
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COVID-19 Update | Friday, March 27
March 27, 2020 / Really Old Microsites
Today, the Prime Minister announced several positive measures to help Canadian businesses in the face of the COVID-19 health crisis. First and foremost, we are pleased that the federal government is responding to measures put forward in our joint proposal with Restaurants Canada and the Hotel Association of Canada over the past week and following […]
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COVID-19 Update | Friday, March 27 (AM)
March 27, 2020 / Really Old Microsites
Congress The House convened at 9am this morning to begin considering the CARES Act, which passed the Senate Wednesday night. General COVID-19 Relief Final Aviation Summary Unemployment Benefit Summary Liquidity Summary SBA Loan Program Overview House leaders continue to worry that one or more members may decide to demand a quorum call or a roll […]
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COVID-19 Update | Thursday, March 26 (PM)
March 26, 2020 / Really Old Microsites
Congress We expect the House to consider the CARES Act as soon as tomorrow morning by voice vote. Speaker Pelosi indicated during a press conference that she predicts a “strong bipartisan vote” when the House takes up the $2 trillion rescue package. We expect the bill to be signed by the President shortly after it […]
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