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Montreal plans $5,000 grant to businesses affected by construction

by The Novum Times
15 May 2023
in Canada
Reading Time: 7 mins read
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“These are concrete actions that may make a giant distinction for retailers who are sometimes distraught and deprived by the impacts of roadwork.”

Printed Might 15, 2023  •  Final up to date 7 minutes in the past  •  2 minute learn

Businesses in areas affected by municipal construction work or construction carried out by the Société de transport de Montréal would be able to apply for the new and old programs.
Companies in areas affected by municipal building work or building carried out by the Société de transport de Montréal would be capable to apply for the brand new and previous packages. Picture by Dave Sidaway /Montreal Gazette information

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Montreal metropolis corridor says it plans to simplify entry to monetary aid for companies affected by main municipal building work by launching a $5,000 lump-sum grant.

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The town govt committee will current the brand new grant program to metropolis council for approval on Monday, the town stated in an announcement.

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“This unprecedented transfer is being made as a way to assist a bigger variety of companies and to beat the constraints of the previous program,” the assertion stated. It didn’t say how a lot this system will value.

The manager committee authorized this system with a finances of $4.5 million at a particular assembly on Friday.

The brand new program is along with the town’s older assist program, which provides as much as $40,000 per eligible monetary 12 months.

Companies in areas affected by municipal building work or building carried out by the Société de transport de Montréal would be capable to apply for the brand new and previous packages.

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In contrast to the older program, the $5,000 grant will probably be accessible at the beginning of building and won’t be conditional on misplaced earnings.

Eligible companies should be tenants or house owners of their constructing and be situated in an space the place work blocks automobile site visitors for at the very least six months.

The town additionally plans to scale back the variety of paperwork required for the older program, and develop its eligibility by lowering the minimal period of building to 6 months.

If authorized by council, the town expects the brand new program to be accessible as of this summer time.

“Our administration is dedicated to supporting its retailers in the course of the works and that’s the reason it was important for our staff to discover a approach to do it higher,” metropolis govt committee member Luc Rabouin stated within the assertion.

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“The target is to simplify retailers’ lives, to supply companies a greater consumer expertise and to allow them to adapt their enterprise practices from the beginning of a challenge.”

The Canadian Federation of Impartial Enterprise (CFIB), the Quebec Retail Council and the Affiliation des sociétés de développement industrial de Montréal welcome the modifications, in line with the assertion.

“These are concrete actions that may make a giant distinction for retailers who are sometimes distraught and deprived by the impacts of roadwork,” François Vincent, CFIB’s vice-president for Quebec, stated, including that the brand new lump sum program will take away the paperwork whereas the modifications to the older program will streamline and widen entry.

“On this file, the town of Montreal represents a mannequin for giant Canadian cities and we hope that many will observe this instance.”

The former Hippodrome/Blue Bonnets racetrack site is seen in file photo.

Montreal names first housing developer for Hippodrome neighbourhood

Sonia Bélanger, Quebec's minister responsible for seniors.

CAQ ridings haven’t got inside observe on seniors housing building, authorities says

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Tags: affectedbusinessesConstructionGrantMontrealplans

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