The Canadian Federation of Independent Business says half of Canada’s small firms report already seeing sales drop because of COVID-19. Four in 10 say the drop has been greater than 25 per cent. President Dan Kelly says, “Even more alarming is our finding that a full quarter of small firms would not be able to survive for more than a month with a drop in business income of more than 50 per cent.” The sectors most negatively affected are hospitality, arts/recreation, retail and personal services. The average cost has been highest for Saskatchewan small business owners at $119 thousand. Nationally it’s about $66 thousand. 43 per cent of businesses have reduced hours for staff and 20 per cent have started temporary layoffs. 38 per cent have experienced supply chain issues. 42 per cent said they will have zero sales if face-to-face contact becomes impossible.

The CFIB is concerned with calls to mandate 14 sick leave days at a time when they are experiencing cost pressures and decreases in revenue. Marilyn Braun-Pollon, vice-president, Western Canada and Agri-business says, “Governments need to step in and offer direct cash support to employees and the self-employed who are forced to self-isolate.” 91 per cent of small businesses also feel the governments should offer direct financial support for firms experiencing a significant drop in sales.