Atlantic Canada’s tourism, oil and mining, construction, manufacturing, retail, and restaurant industries have lost over $12 billion in combined revenue in 2020 due to COVID-19.
Businesses in these industries need to develop a robust plan to make it through the next 2-4 years, taking account of changes in consumer demand and in their supply chain.
Many firms will need assistance and advice to transition to a more digital future. Training and retraining workers to support innovation and full labour force participation should be a priority.