Survey reveals COVID-19 impact on Sylvan Lake businesses
New survey results indicate a large majority of businesses in Sylvan Lake are experiencing negative impacts from the COVID-19 pandemic.
The survey, conducted by the Town of Sylvan Lake’s economic development department, Sylvan Lake Tourism and the Sylvan Lake Chamber of Commerce, ran from April 14-30 and yielded 133 responses. It revealed roughly 85 per cent of local businesses were experiencing a negative impact from the crisis.
The results also show nearly 78 per cent of Sylvan Lake businesses point to a sudden loss in revenue as being the biggest impact COVID-19 has had on their business.
Nearly half admitted their current business model is unable to adapt to serving customers without physically being open.


