Downtown Retailers and Businesses Struggle in Canada Amid Lack of Office Workers and Tourists
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A staggering decline in foot traffic in some downtowns will severely impact businesses, many of which will not survive.
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Majority of Retailers & Businesses Not Able to Pay Rent as Costs Accrue Amid Reopenings
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Nearly 80% of businesses say they will not be able to pay rent in July and a high percentage are doomed to fail. Reopening poses its own challenges and expenses and BIA groups are trying to come up with solutions.
Read MoreCity of Toronto and Digital Main Street Launch Free Website Initiative for Small Businesses
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The goal is to build and launch 4,000 online stores over the next three months.
Read MoreOnline Donation Platform Launches in Toronto to Support Small Businesses
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The initiative aims to save small retailers and other businesses that are struggling, and is supported by many including Mayor John Tory.
Read MoreMain Street Retailers Must Get Online to Survive Amid Pandemic: Experts
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As many physical stores have been mandated to close, associations are stepping up to help retailers get online at a critical time.
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