Monday, August 8, 2022

COVID-19: Economic recovery task force releases results of local business survey

- Advertisement -

Some stark findings from a recent online survey conducted by the new Lethbridge Region Economic Recovery Task Force.

The group came together a few weeks ago to come up with ways to help local businesses navigate through and after the COVID-19 pandemic.

A number of businesses in the region took part in the survey.

It shows 41% of businesses here say they can survive no more than three months in the current climate without additional support.

- Advertisement -   Article continues below ad

Trevor Lewington with Economic Development Lethbridge says these survey results are extremely helpful as they work to understand the impacts of COVID-19 and also to help plan the recovery going forward.

Other findings indicate 51% of Lethbridge area businesses have reduced staff during this time and what should come as no surprise, nearly 80% report a reduction in sales.

The Task Force is planning for another survey in a few weeks.

- Advertisement -
- Advertisement -

Now playing play

Now playing play

- Advertisement -
- Advertisement -