Who is going to survive? Many businesses are re-opening and time will tell if they are going to do well with the restriction of social distancing. The road to recovery is going to be paved with many obstacles but many business experts believe in an eventual recovery with government program and determination of business owners. Government Programs are going to be needed to help pale out many types of services.
Owners are going to have a focus on what is possible and use imagination to recover. Flexibility and reinvention are going to be the main tools of those businesses who find immunity to Covid19. Government on all levels are going to have work hand in hand with business from the very small to the extremely large enterprises. Even with this all being said many businesses have decided to fold and toss in their hands.
Announces through this process over the last few weeks Arm Navy, Nandos, Reitmans and Pier 1 Imports are closing all locations. With some large employers leaving the market place what will our Government Official do to support people in this time of need long term? A program like the CERB is short term which also means that budgets are going to have to be re-thought because bandaid actions may not be enough