Digital Program Launching to Support Small Businesses novascotia.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from novascotia.ca Daily Mail and Mail on Sunday newspapers.
Province Increases Support for Businesses
May 21, 2021 - 2:10 PM
The Nova Scotia government is investing $17.2 million more in the Small Business Impact Grant Part 3 program to support small businesses affected by the ongoing provincial COVID-19 restrictions.
The province will top up payments made to all small businesses that qualify under the program by $5,000.
“Through our ongoing consultations with the business community, we recognized the challenges many owners are facing as these necessary additional public health protocols remain in place,” said Inclusive Economic Growth Minister Labi Kousoulis. “Our businesses have been resilient, and our government will continue to be there to support them. By working together, we will slow the spread of COVID-19 so that we are best positioned for recovery.”
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Applications open today for one of the province’s assistance programs for businesses during the pandemic.
The Small Business Real Property Tax Rebate Program was announced in March.
It offers businesses a one-time rebate of a portion of their paid property taxes.
Qualified businesses can choose a rebate of a thousand dollars or 50 per cent of the commercial property taxes paid for the final six months of the 2020-21 tax year.
The province says nearly 3,300 businesses qualify for the rebate, including restaurants and bars, gyms, and hair salons and barber shops, as well as tattoo shops, spas, and nail salons.
Province Announces Support For Small Business » The Coast 89 7 FM coastalradio.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from coastalradio.ca Daily Mail and Mail on Sunday newspapers.