Published: March 12, 2020
In today’s global world, systems are more interconnected than ever. It stands to reason then, if a pandemic strikes in one part of the world, the opportunities for it to spread are that much greater.
Should COVID-19 escalate in Canada, some of the things businesses need to plan for include:
- Staff absences due to several reasons (personal illness, ill family members, looking after children if schools close, feeling of safety being at home, etc.). In some cases employees may themselves elect to stay home; in other circumstances, the government may authorize or require them to do so.
- Disruption to essential services like information, telecommunications, financial services, energy supply, and logistics;
- Disruption to the supply of necessary materials or contractors;
- A major increase or decrease in demand for products and services;
- Cancellation or disruption of travel and cross-border movement of people and goods;
- Cancellation of public meetings or gatherings like sports events, concerts or religious services;
- Impact on the trade status of Canada, or of our trading partners; and
- The increased public fear that causes citizens to avoid public places, including front line retail and tourist-related attractions, restaurants, and leisure businesses.
To help businesses prepare for and manage through a potential COVID-19 escalation in Canada, the Canadian Chamber has developed a brief guide source from a number of best practice documents and designed to assist business planning and continuity efforts.
Source Canadian Chamber of Commerce
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