Attachment B - Recovery Plan

* You may complete the Recovery Plan template on a separate sheet or use the Word version provided.

Word Version, 47 KB, 3 pages

Company Name:
Address:

A. General Business History

This section should include information on the following:

• type of goods produced and/or services provided; 
• number of years in business; 
• location of head office and other office locations; 
• description of business 
• number of employees and branches; 
• unionized or non-unionized employees; 
• typical clients;  
• Work-Sharing/Service Canada Program history; 
• etc.

B. Production History

Provide a detailed comparison of the company’s sales/business/production/operating costs over the past two years and this year-to-date.

C. Cause of Work Shortage

Provide a detailed explanation for the cause of the work shortage specific to the business and/or the economic downturn. For example:

• reliance/influence of domestic and/or international market performance;
• impacts for the specific industrial sector and/or local labour market;
• linkages attributable to financing/financial sector (e.g. difficulty accessing financing/credit);
• impact on related businesses and any actions planned or taken, if applicable (e.g. parent companies, other branches, franchise outlets, etc)

D. Measures to Remain Viable (Prior to Applying for Work-Sharing)

Provide a description of all measures taken before applying for the Work-Sharing Program to remain viable during the downturn in business. This section should also include information on future sales/business projections and alternatives to Work-Sharing.

E. Continued Business Viability

Provide a detailed list of planned activities that are considered important to the continued viability of the business and to ensuring the projected maximum reduction in work activity does not exceed 60% or 3 days on average over the timeframe of the agreement (e.g. cost-cutting measures, plans for generating new business, development of new technologies, scheduled trade shows, incentives for clients, etc.)

F. Utilization Rate/Expected Work Reduction

What is the expected reduction (%) in work activity?
The employees’ regular weekly hours of work must be reduced by at least 20% but not more than 60%.
The percentage indicated must be maintained as the average reduction in work activity over the duration of the agreement.

G. Resuming Normal Production

Are you planning to resume normal production in the future? When is the business expected to recover?
This section should also include risks to recovery and plans to mitigate these risks.

H. Employee Skills Enhancement/Upgrading

Provide a description of employee skills enhancement/upgrading (if applicable) to take place during the period of the agreement.