More than four in 10 B.C. businesses say they’ll need ongoing federal and provincial help to survive the COVID-19 pandemic, according to a new survey.
The survey of 1,300 businesses was conducted by the BC Chamber of Commerce, Greater Vancouver Board of Trade and the Business Council of British Columbia, and highlights a number of areas where companies are struggling, as B.C.’s seeks reboot the economy.
Just 26 per cent of respondents said they thought they could generate a profit during Phase 2 of B.C.’s restart plan, with a majority saying they’d take at least two months to reopen.
Michael Gayman, owner of Hook Seabar in English Bay, is one of those entrepreneurs worried about viability. “It’s hard to say,” he said. “We’re operating at