A lone person walks past closed businesses in Kensington Market in Toronto on Wednesday, April 15, 2020. As the federal government begins accepting applications for the Canada Emergency Wage Subsidy to soften the economic blow of the COVID-19 outbreak, many business owners wonder if their own wages are covered.
It says the number of business closures in across Canada in June was down 5.6 per cent compared with May. The trend observed in June was observed in every province and territory except Quebec, which had a two per cent increase in business closures compared with the previous month.There were also 52,723 business openings nationally in June, 33 per cent more than Statistics Canada recorded in May,
But the agency says only about one-fifth of all businesses that closed in March or April had reopened by June.This report by The Canadian Press was first published Sept. 28, 2020
It's the end of September....