Statistics Canada data shows small business insolvencies have been on an upward trend since May 2021.
It said 46 per cent of business owners say they would simply stop operating rather than go through the bankruptcy process. “Our research provides a broader perspective on business insolvencies in Canada and shows that the rising number of small business bankruptcies is just the tip of the iceberg.”
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Tiff Macklem is waging Class Warfare. He has publicly advocated for employers to not raise wages to match inflation. He is bankrupting small business. He is increasing the unemployment. The rich are unaffected. firetiff