Retail Council of Canada presented our pre-budget submission on behalf of retailers to the federal finance committee. In the economic recovery plan, Supporting retailers through the pandemic and its aftermath, RCC has advocated for continued support from government to help retailers in Canada through the ongoing COVID-19 crisis and beyond.
The government must assist retailers during this time and provide the necessary conditions required to adjust to the new reality and bounce back stronger than before. As The Voice of Retail™, Retail Council of Canada recommends the following initiatives be prioritized and adopted in the government’s economic recovery plan:
- Introduce tax credits for enhanced safety measures
- Eliminate tariffs on essential items
- Support consistent and accurate health messaging for consumers
- Reduce credit card swipe fees
- Introduce a new Visitor Rebate Program
As we all work through the long-term impacts brought on by COVID-19, the five key retail measures outlined here will help ensure the recovery of Canada’s retail industry, boosting Canada’s economic growth and making life more affordable for Canadian families.