Voice of Business: Government Loan Repayment Post Cabinet Shuffle

Repaying loans is creating another financial challenge for our local business community.

According to the Canadian Broadcasting Corporation (CBC), The Bank of Canada recently increased interest rates and now the Canada Emergency Business Account (CEBA) repayment deadline is looming. Many small business owners are facing more debt and more barriers to the long road of recovery from the pandemic. As we previously stated in our March Voice of Business column, it cannot be stressed enough that CEBA loan repayment is still a challenge for many small businesses. Recently, the Canadian Chamber of Commerce and 280 industry associations penned a letter to Minister Freeland highlighting the number of businesses that may not survive in the long term due to ever-growing debt. According to the letter, 49 per cent of small businesses’ revenues are still below normal, and approximately half of tourism-based businesses may not survive in the next few years.

“…not all businesses have their heads above water yet: they’re facing extreme inflation, unreliable supply chains, and the tightest hiring market in a generation. They’re just asking for more time to pay the government back.”

- Matthew Holmes, Senior Vice President of Policy and Government Relations, Canadian Chamber of Commerce

In another turn of events, the federal government announced a cabinet shuffle on July 26. In this change, there will be a new Minister of Small Business, MP Rechie Valdez. Valdez is a former small business owner herself. We look forward to seeing what she can bring to the table. In the swearing-in ceremony, she stated she would like to make the small business its own portfolio.

The need for an extension has already come up in the past. In 2021, the Peterborough and the Kawarthas Chamber of Commerce authored a Policy Resolution for the Canadian Chamber of Commerce calling on the federal government to:

  1. Extend the deadlines for repayment of the Canada Emergency Business Account program by two years.

  2. Make the forgivable portion of the loan available to all businesses that continue to have operations impacted by ongoing COVID-19 public health restrictions throughout 2021.

  3. Allow businesses that continue to have operations impacted by ongoing COVID-19 public health restrictions in 2021 to be exempt from incurring interest prior to the balance of their loan being due.

With the deadline to receive partial loan forgiveness approaching in approximately 5 months, it is imperative that those who can repay their loans do so and return those funds back to government coffers. We can ease the decision for the government to extend the loan repayment windows for the businesses that are struggling the most. We have a new Minister of Small Business, which means now is the time to remind the government that not all businesses have recovered and are in a position to pay back their debts.

While most of the restrictions and challenges of the pandemic are over, we are still seeing the lasting impacts for the small business community. Peterborough and the Kawarthas’ economy depends on tourism and hospitality businesses, so let’s continue to work together to climb the ladder out of the pandemic slump still facing us today, hopefully with continued support from the federal government.

Content provided by the Peterborough and the Kawarthas Chamber of Commerce.

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City of Peterborough Invites All To Participate In Celebration 40th Anniversary of Heritage Hunt

The Peterborough Architectural Conservation Advisory Committee (PACAC) is launching its 40th annual Heritage Hunt contest running from Aug. 1 to Sept. 16, announced on Tuesday.

“Since 1983, PACAC has been organizing the Heritage Hunt as a way to explore and celebrate our city’s collection of heritage buildings,” said Stewart Hamilton, PACAC Chair. “We are proud to be continuing this tradition 40 years on.”

PACAC invites everyone to test their knowledge of Peterborough’s architectural heritage for the chance to win a prize. Participants must identify 35 architectural details on buildings in a defined area of the city. All details are visible from the sidewalk and both sides of the street are in play.

This year’s hunt takes place in downtown Peterborough and East City.

A fillable form and map can be found online.

Booklets can also be picked up at the reception desk at City Hall, located at 500 George St. N., during regular business hours.

Prizes will be awarded in both individual and group categories for the correct identification of the most architectural elements. This year, there is also a bonus riddle for the chance to earn extra points.

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GoFundMe Created For Local Teen Struggling With Mental Health To Get Therapy Dog

Local teen Payge Creasy has community support behind her to get a therapy dog for her mental health as donors are contributing to cover the costs in a GoFundMe created last Thursday.

GoFundMe photo.

The GoFundMe was created by her aunt Candice Williamson with a goal of $4,500 to pay for the therapy dog named Kyle. He is supposed to help Creasy during her panic attacks and other episodes when she is suffering from her mental health according to the Williamson on the GoFundMe. It continues to say that Creasy has suffered from mental health issues for the past few years including a six-week inpatient stay.

Alternatively, another fundraising effort on Sipology was created by Krystal C Daskewich, another one of Creasey’s aunts, entitled, ‘Paws For Payge.’ Roughly 40 per cent of the proceeds from the tea and tea accessory sales go towards Cresey’s campaign.

The teen was also an entrepreneur, selling handmade bath products with her company ‘Payge’s Paradise’ which began back in April 2019. Her handmade, chemical-free bath products include body butter, body scrubs, shower steamers, bath salts and candles.

Both fundraisers say that only money is holding the teen back from being able to get Kyle and help her cope with her mental health better.

The GoFundMe has already raised $855 of its $4,500 goal since the publication of this article.

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Kawartha Downs to Host Inaugural Three-Day Kawartha County Fair This Weekend

Kawartha Downs is going to add fun to the Civic long weekend as they are hosting the inaugural Kawartha County Fair running from Friday to Sunday.

Photo courtesy of Kawartha Downs.

The fair says it will deliver a classic midway experience including a variety of rides and games. In addition to the midway, there will be a vendor-village area, big events every day, and fireworks every night of the fair.

Friday showcases a Truck and Tractor Pull competition starting at 7 p.m. The Ontario Truck and Tractor Pull Association has been Kawartha Downs’ promoter for the tractor pulls since the new track last year.

Saturday features a demolition derby by Impact Motorsports at 5 p.m. The Kawartha County Fair demo derby competition currently has over 50 pre-registered vehicles.

Sunday includes Juno-award-winning singer and songwriter Serena Ryder to perform live in concert in the evening.

“It’s always special coming back to Peterborough to perform there,” she said. “Kawartha Downs is not far from where I lived in Millbrook. I always passed by it and I can’t wait to perform there.”

The Peterborough-based Gunslingers band will open the concert from 6:30 p.m. to 7:20 p.m. and Ryder will headline the stage at 8 p.m.

“I always had memories of going to the farmer’s markets with my dad in Fraserville,” said Ryder. “I haven’t performed in Fraserville yet so this is going to be new and exciting for me. All my family and friends are going to be there.”

Every evening has the Downs’s signature fireworks shows to cap off each night. There will be food trucks and vendors, such as Nomad Striking Academy, Happy Fun Zone, The Candy Lady, Shop Beauty by Bree, Gemonyx Designs, Foodland, The Twisted Fork and more. A special addition to the fair festivities will be horse-drawn wagon rides, by Earl Cochrane.

Admission for adults is $25 and $15 for kids (Ages 6-18) and children five and under enter free. These prices are inclusive of fees/taxes as well as parking. Only single-day admission tickets are available for purchase and the admission ticket includes entry to the main event (Tractor Pull, Demo Derby, and Serena Ryder concert).

Admission tickets can be purchased in advance online or at the gate in person. Prices are now the same for both online and gate purchases.

Ride tickets are sold separately and must be purchased in person at the fair:

  • Single ticket - $1.50

  • Sheet of 20 tickets - $25

  • Sheet of 50 Tickets - $50

  • All day Rides bracelet - $30

  • Games are cash only ($2 - $10)

Kawartha County Fair hours of operation:

  • Friday: 2 p.m. - 11 p.m.

  • Saturday: Noon - 11 p.m.

  • Sunday: Noon - 11 p.m.

There is no harness racing scheduled for this week due to events with the next harness race on August 11.

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Peterborough Roller Derby Home Finale 'sPARDacus' Double-Header Set For Aug. 12

Peterborough Area Roller Derby (PARD) is rounding out their final home game of the season with their double-header event ‘sPARDacus!,’ set for Aug. 12 at the Douro Arena, announced on Tuesday.

File photo.

PARD is taking on the South Simcoe Roller Rebels with the second game of the double-header featuring the Durham Region Roller Derby vs. Nipissing Roller Derby. 

Doors open at 3:30 p.m. with the first game starting at 4 p.m. with the second game at 6:30 p.m. Tickets are $10 in advance by sending an e-transfer to ptboareard@gmail.com or $15 at the door. Kids under 12 are free and is a family-friendly event.

PARD is seeking volunteers, and officials (skating or non-skating) and has space available for vendors.

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Peterborough Police Seeking Information On Missing 11-Year-Old Girl

UPDATE: 1/08/23 11:23 a.m.

MISSING PERSON HAS BEEN FOUND

A Peterborough 11-year-old girl Emma Wheeler is considered missing and Peterborough Police Service is asking for the public’s assistance in locating her, announced on Tuesday morning.

Wheeler was last seen about 1 a.m. on Monday at her home in the Crawford Drive and Johnston Drive area. Officers searched several areas but could not find her. Her family is concerned for her well-being.

Wheeler is described as:

  • Female, Caucasian

  • 4'10"

  • 90 lbs

  • Red-ish blonde shoulder-length hair 

  • Red and black t-shirt

  • Black shorts 

Anyone with information is asked to call Peterborough Police at 705-876-1122 x555 or Crime Stoppers at 1-800-222-8477 or online.

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Peterborough's Porter Martone and Team Canada Off to Rough Start at Hlinka-Gretzky Cup

Porter Martone and Team Canada are not having the start they envisioned as they lost 9-6 to Finland at the Hlinka-Gretzky Cup at the Zimny stadion Trencin in Trencin, Slovakia on Monday afternoon.

Porter Martone, Assistant captain (left); Berkly Catton, captain (middle) and Sam Dickinson, assistant captain (right) for Team Canada in this year’s Hlinka-Gretzky Cup. Photo courtesy of Hockey Canada.

Canada looked strong, scoring the first three of four goals in the first period. Finland scored with three minutes left to make it a one-goal game to make it 3-2 going into the second.

Finland surged with three straight goals to open the middle frame to have a 5-3 lead over Canada. Martone got himself involved in the score sheet, getting the secondary assist on a Berkly Catton power play goal. It was Canada’s only score of the frame going into the third, being down 5-4.

Canada seemingly got themselves back on track, scoring first in the third period but went downhill fast. Final scored four goals in less than four minutes to run away with the game. Canada scored a garbage-time goal but lost 9-6 in their opening game.

Canada will have to bounce back against Slovakia on Tuesday afternoon for their second preliminary game of the tournament. Puck drop is scheduled for 1 p.m.

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Photos: 'Williams Weekend' Memorial Golf Tournament Pays Tribute To Five-Year Old Boy Who Passed Away Last Year In Accident

There were 155 golfers who paid respects in a memorial golf tournament for five-year-old William Rock Gardner at the Bellmere Winds Golf Resort in Keene who passed away in an accident last year.

William passed away on Villiers Line just outside of the resort due to a golf cart malfunction. His parents and their friends sustained injuries while his sister Aurora was unharmed. The parents were admitted to the Peterborough Regional Health Centre (PRHC) following the accident and once they were released, visited William at Sick Kids Hospital. They opted to let him go due to the severe brain damage he suffered.

Despite heavy rain that started in the morning until mid-afternoon, golfers braved the weather to show their support for William.

“We're really grateful for all the support despite all the rain,” said Elizabeth Gardner, William’s mother. “Golfers continued to come in and they're playing through while smiling and laughing.”

Last year, a silent auction was held where the proceeds went toward the family. Saturday’s golf tournament had a raffle and auction in support of Sick Kids Hospital (where William passed away) and PRHC. Prizes such as Toronto Zoo tickets, hockey jerseys, a children’s wagon bundle and a golf and dinner getaway were some big-ticket items auctioned off.

Despite being overwhelmed with emotion, the family expressed their gratitude to all the supporters and hosts of William’s memory prior to the raffle draws.

“Despite everything, despite the sadness, we're so grateful for everyone who supports our family and can remember our funny, little sweet boy,” said Elizabeth.

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Peterborough Police CCTV Camera Program Operable In Downtown Peterborough

The Peterborough Police Service CCTV Camera Program is up and running in the downtown core of the City of Peterborough after an announcement made on late Monday morning.

Photo courtesy of the Peterborough Police Service.

There are 12 cameras with signage notifying the public that the area may be monitored by CCTV cameras.

“As a Service dedicated to public safety, we believe these cameras will be another tool in deterring and solving crime in our community. The video will be used to help solve crime after the fact,” said Chief Stuart Betts. “There is a procedure in place that limits who and when video can be accessed.”

The cameras were paid for through a grant from the Ontario government. 

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U10 Peterborough Wolverines Crowned Provincial Champions

The U10 Peterborough Wolverines of the Ontario Summer Football League are provincial champions, winning the Sandy Ruckstuhl Memorial Cup after defeating the Mississauga Huskies U10, 25-14, at the Western Alumni Stadium in London on Sunday afternoon.

Photo courtesy of the Peterborough Wolverines.

The game was a rubber match after both teams gave each other their only loss in the regular season, playing twice prior to the championship. Peterborough’s home opener resulted in a 40-24 win on May 27. The Huskies got revenge with a 36-22 win on June 17.

Peterborough went a perfect 3-0 in the playoffs after going 5-1 in the regular season. Their opening postseason game against the Guelph Jr. Gryphons U10 yielded their second shutout of the season in a 40-0 win on July 15. They followed up their perfect performance by beating the York Lions in a 75-20 rout to make the championship game.

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