Edmonton Update: Phase One Of Relaunch Includes Relaxed Restrictions And Economic Recovery Program Announcement

On May 27, 2020, the City of Edmonton announced an economic recovery program for businesses. The five-pronged initiative includes a reduction in business license fees and the ability for businesses and organizations to access grants of up to $75,000.

The five prongs of the Economic Recovery Plan include:

1. Businesses will have the option to reduce business licence fee payment by 50 per cent (upon request) until December 31, 2020;
2. The Edmonton Economic Recovery Grant will provide funding to support business during the initial relaunch and recovery phase;
3. Continued One-on-One Support Program;
4. Process improvements and red tape reduction; and
5. Nimble responses to specific business needs for relaunch and recovery.