Uptick in business bankruptcies just the tip of the iceberg: CFIB

  • 📰 TheTorontoSun
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 68%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

A small business lobby group says commercial bankruptcies are rising in Canada and even more small businesses are at risk of closure.

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.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

When you shut down small businesses but allow big box stores to stay open during the pandemic, this is the consequence. Corporate donors 1, mom & pop 0.

Stores were depending on the opening up of the economy to help them out. For some it didn't.

Yeah...2 years of BS lockdowns by the government for a glorified COLD had NOTHING to do with it.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 23. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines