Federal Programs are Not Enough for Businesses to Survive

More than three-quarters of Canadian businesses say federal COVID-19 programs are helping, but fall short of the mark


TORONTO, May 14, 2020 (GLOBE NEWSWIRE) -- The latest findings from the late April Modus Business Monitor survey of over 950 Canadian managers and executives (April 20 to 30) show a lukewarm response to federal programs.

While the vast majority of Canadian businesses recognize a contribution from the federal government, fewer than 1 in 5 see it getting them across the finish line.

  • Enthusiasm is highest in Quebec (32% strong help) and lowest in Alberta (22% little or no help).

It is important to note that this question was asked after a series of in-depth questions about all the federal government’s assistance programs. In other words, government emergency assistance is baked into these projections.

About the Modus Business Monitor

The Modus Business Monitor is Canada’s only B2B omnibus service. For reliable and accurate results without the cost of a custom business survey, the Monitor offers our clients the flexibility they need. Results from the Monitor are based on a scientific sample of Canadian business leaders rather than the common and unrepresentative business surveys circulating today that rely on members of lobby groups or recruiting from the Twitterati.

About Modus Research

Established in 2012, Modus Research is a full-service research agency that provides clients with actionable feedback from Canadian enterprises based on scientifically representative samples. We offer our clients exclusive access to the Modus Business Panel – the gold standard of B2B research in Canada.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/807367c2-fb64-4754-8139-8eb06643d2fe


            
MBM April COVID-19 Series_Second Release Slide 1

Contact Data