Ontario Will Now Reimburse Some Bills For Restos & Gyms While They Are Closed

Other businesses at 50% capacity can also cash in.

Toronto Staff Writer
Ontario Will Now Reimburse Some Bills For Restos & Gyms While They Are Closed

Restaurant owners, gym owners, and businesses were impacted by the new restrictions that were announced on Monday, but the Ontario government is trying to sweeten the deal with cash or, more accurately, rebate money.

The Ontario government announced that the province will return to a modified version of step 2 this week.

Indoor dining for restaurants and gyms will close on January 5 at 12:01 a.m until January 26 or longer, along with other capacity and gathering limits and new restrictions.

On December 22, 2021, the government announced a new Business Cost Rebate Program along with a six-month tax delay for certain provincial taxes to help unbutton cash flow for businesses impacted by restrictions.

As of January 3, the government has announced an expansion for the program, which means more cash if your business is closed or impacted by capacity limits under the new restrictions.

Restaurants, gyms and other unidentified businesses that have had to shut their doors will be able to claim a 100% rebate on energy bills and property tax for the duration they are closed under new restrictions.

Businesses such as retail stores, which will be required to run at a 50% capacity, will be able to claim 50% of their costs for energy and property tax once the portal for applications is open.

The program application and official list of eligible businesses are to come later this month, according to a government handout.

The update will keep the "six-month interest- and penalty-free period for Ontario businesses to make payments for most provincially administered taxes" for as much as $7.5 billion to allow for the "flexibility they will need for long-term planning."

The Ontario government is also looking into providing additional support for employees and businesses such as grants as the province heads back to an altered step 2.

This article’s cover image was used for illustrative purposes only.

Narcity Surveys 📋

Comments 💬

Our comment section is a place to promote self-expression, freedom of speech and positivity. We encourage discussion and debate, but our pages must remain a safe space where everyone feels comfortable and the environment is respectful.

In order to make this possible, we monitor comments to keep spam, hate speech, violence, and vulgarity off our pages. Comments are moderated according to our Community Guidelines.

Please note that Narcity Media does not endorse the opinions expressed in the comment section of an article. Narcity Media has the right to remove comments, ban or suspend any user without notice, or close a story’s comment section at any time.

First and last names will appear with each comment and the use of pseudonyms is prohibited. By commenting, you acknowledge that Narcity Media has the right to use & distribute your content across our properties.

Ontario Nurses Say Ford's Reopening Plan Is 'Premature' & Call For Stricter Measures

"We’ve already experienced the consequences of reopening too soon."

Ontario nurses are speaking out following Doug Ford's latest reopening plan, which allows both indoor dining and gyms to resume operations on January 31 at 50% capacity.

In a statement on Thursday, the Registered Nurses' Association of Ontario called the decision "premature" and claims that it will "prolong the current health system crisis."

Keep Reading Show less

NDP Leader Andrea Horwath is calling for the Ontario government to change its vaccine certificate program to keep cases of COVID-19 from rising and lockout anti-vaxxers.

Horwarth outlined additional steps she believes the province needs to take during a press conference on Thursday.

Keep Reading Show less

Outdoor dining is a slippery, wet and cold slope these days.

Two Toronto restaurants reported that their patios have been shut down by the City of Toronto due to "government regulations" and for being "too covered."

Keep Reading Show less

Future brides, grooms and partners across Ontario may want to give their wedding plan a second look-over because the rules have changed once again.

Under the province's new three-step reopening plan, the rules for social gatherings and ceremonies will continue to change, so depending on when you plan on tying the knot, you may need to edit your guest list and call the caterers.

Keep Reading Show less