User fees play an important role in how departments and agencies are funded. Like taxes, they affect the competitiveness of […]
ICC launches SOS (Save Our SMEs) website
The International Chamber of Commerce, of which the Canadian Chamber of Commerce is the lead organization for Canada, has launched a new website for the SOS (Save Our SMEs) campaign.
The website features key advocacy materials and is designed to help entrepreneurs find the insights and information they need to navigate through the COVID-19 crisis.
Earlier this year, the International Chamber of Commerce sounded the alarm about the impact of COVID-19 on micro, small and medium-sized enterprises (MSMEs). As a result of the pandemic, demand and cash-flow have dried up, jobs have been lost, and entrepreneurs have dramatically curtailed if not closed their businesses—at least temporarily.
ICC’s Save Our SMEs (SOS) campaign seeks to ensure that the impacts of COVID-19 on small businesses are clearly understood by policymakers and the media – while also providing tools and resources to help them weather and recover from the crisis. The importance of this agenda cannot be overstated: MSMEs account for two-thirds of the globe’s jobs and half of its GDP.