Posted Thursday May 14, 2020

Reality Check

Federal Programs are Not Enough for Businesses to Survive

More than three-quarters of Canadian businesses say federal COVID-19 programs are helping, but fall short of the mark

The latest findings from the late April Modus Business Monitor survey of over 950 Canadian managers and executives (April 20 to 30) show a lukewarm response to federal programs.

While the vast majority of Canadian businesses recognize a contribution from the federal government, fewer than 1 in 5 see it getting them across the finish line.

Enthusiasm is highest in Quebec (32% strong help) and lowest in Alberta (22% little or no help).

It is important to note that this question was asked after a series of in-depth questions about all the federal government’s assistance programs. In other words, government emergency assistance is baked into these projections.

Source Modus
 is distributed twice weekly; Tuesday and Thursday

Not a Subscriber? Receive more articles on business issues
Sent directly to your email in-box.

contact us

Publisher is Exchange Business Communication Inc.
Email Publisher

ISSN 0824-45
Copyright, 2020

Share Your Story: pressrelease @
Expand Your Reach:
advertise @
Publisher: Exchange Business Communication Inc., PO Box 248, Waterloo, Ontario, Canada
Email Editor

Content published on this site represents the opinion of the individual, organization and/or source provider. is a online daily journal of Exchange Business Communication Inc. (1997) Publishers of Exchange Magazine est. 1983. Privacy Policy. Copyright of Exchange produced editorial is the copyright of Exchange Business Communications Inc. 2020. Submitted editorials, comments and releases are copyright of respective source(s).