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Saturday, 12 December 2020 08:17

Business Survey Results & Data @ Wexford Heights

The Canadian Urban Institute has released the following report for Lawrence Ave/Wexford Heights

We conducted a survey of local businesses on this block to better understand the impacts of COVID on businesses and the street. Here is what we learned:

  • 88% of businesses reported having decreased revenues
  • 75% of businesses said supply chain issues have affected their business to some degree
  • 25% of businesses said that the expect to have to permanently scale down operations in 3-4 months if there are increased restrictions as a result of a second wave. 38% said they expect to have scaled down operations with a plan to get back to normal
  • 88% of businesses said they would like to see governments offer financial assistance and waive fees (e.g. utility costs, permits) to mitigate the costs of COVID
  • 88% of businesses said they would like to see governments and others encourage shopping at local/independently owned Canadian businesses

Full report with a LOT of insights here.