June 24, 2010
The G20 is kind of like a hot potato. You want to pass it off to the next person as soon as you get it. This is especially true for downtown Toronto businesses who are worried their revenues are about to take a knock as TO’s entertainment and business district is shut down by the G20.
According to a Pittsburgh cafe owner who’s city hosted the G20 last year, the international economic gathering erases local business revenue while its in town. “Four days we lost. Wednesday, Thursday, Friday and again on Monday people didn’t come … I was awful. I don’t wish it on anybody.”
“If the G20 comes into your area, I wish you good luck because all the small businesses, they are going to be really hurt,” Naderi advised in a phone interview with CTV news.
“Some restaurants were open, but nobody was in them. Our business is built on the people working in the downtown … the problem was nobody was working in town to come to us,” he adds.
Personally, I don’t understand why the G20 is happening in downtown Toronto. If it were up to me I’d put the whole thing as far from the downtown core as possible, probably in Mississauga.