Join Member Login

August 31 2020

Calgary Chamber welcomes extension of liquidity support programs; urges overhaul on rent relief

The following statement is attributable to Murray Sigler, interim CEO, Calgary Chamber of Commerce

Calgary, August 31, 2020 – “Support for business is vital to a sustainable economic recovery and we urge all governments to provide certainty through their support and relief programs.

“Today, we welcome the extension of the Canada Emergency Business Account (CEBA) to October 31, 2020, and the intention to expand the program to businesses with personal banking accounts. We also welcome the extension of the Business Credit Availability Program (BCAP) to June 2021. Both programs are critical to maintaining liquidity and access to credit.

“At the same time, businesses need urgent and immediate action on rent relief. We call on the federal government to provide certainty on the future of the Canada Emergency Commercial Rent Assistance (CECRA) program and urge an overhaul to improve accessibility and uptake. Our recommendations are to:

“The road to recovery will be slow and uneven across sectors, therefore providing timely, accessible, and flexible fixed-cost relief for businesses remains vital.”

Media Inquiries

For all media inquiries, please contact or (403) 750-0401.

About the Calgary Chamber

The Calgary Chamber is an independent non-profit, non-partisan business organization. For 129 years the Chamber has worked to build a business community that nourishes, powers and inspires the world.

Read all releases