Ottawa is struggling with the issue of small business owners needing small business help.
In a report released Monday, the Small Business and Entrepreneurship Association said Ottawa has the third highest percentage of small businesses that are in need of assistance.
Small businesses that have a combined revenue of more than $200,000 are among the most vulnerable to economic downturns, according to the study.
The study looked at the number of businesses in Canada that have been closed down, closed since mid-2015, or have shut down for reasons related to insolvency or insolvencies.
The data was gathered from the National Small Business Statistics Centre, which is part of the Canadian Centre for Policy Alternatives.
It says there are 2.8 million small business closures in Canada each year.
The small business community says it’s a big issue and they’ve asked for help.
“We are still seeing more small businesses struggling to survive, struggling to thrive, and we have a huge impact on small businesses and our economy,” said Dan Grosjean, who runs the Ontario Small Business Association.
“Small businesses that don’t have the same level of support, and are not receiving the level of help that they need, are a huge part of our economy and we need that support.”
The Small Business Assistance Program is meant to help small businesses survive.
It offers financial assistance to those who need it, including those who have to pay for other necessities like rent or electricity.
In Ontario, some of the largest cities have an unemployment rate of 30 per cent or more.
And for those struggling to make ends meet, the government offers help for small businesses with income under $25,000.
But in Ottawa, there are still more than 1,800 businesses with unemployment insurance benefits.
That includes more than 600 small businesses, according the government.
The small business association says the government should consider helping those businesses that can’t survive on their own.
“I think it is important for government to help those businesses, and to also make sure that people understand the scope of the situation,” said Grosjean.
“You have to understand that there is not one small business in the city that is going to be out of business in 10 days.”
“The small businesses in the province of Ontario have a lot of difficulties, but they are also a huge asset for the province and our country,” said Sarah Rizzo, the chief operating officer of the Ontario Business Alliance.
“And we need to be making sure that we are supporting them as well.”