Inflation and labour shortages are just some of the factors sapping businesses’ ability to get back to normal, according to the Canadian Federation of Independent Business, which release a report on the recovery.
In its report Thursday, CFIB said more than half of business owners they surveyed are yet to return to “normal” pre-pandemic revenue levels, while nearly two out of three are still carrying pandemic debt. It said only 10 per cent have been able to pay debt back in full.Article contentHe said a number of businesses stayed around during the pandemic thinking they would be able to live and fight another day but they’re quickly realizing that may not be possible.
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This Federal liberal government and NDP coalition are 100% to blame for rising costs for small business! rcmpgrcpolice they're not working in CANADIANS interests.
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Uptick in business bankruptcies just the tip of the iceberg: CFIB - BNN BloombergA small business lobby group says commercial bankruptcies are rising in Canada and even more small businesses are at risk of closure. CFIB Surely there’s a tax to fix that? CFIB Trudeau, of course, is overjoyed. His 7-year quest to eradicate pesky smallbiz by instituting massive administrative red tape, over-proportional payroll taxes, unfairtaxchanges for owners, which he impugned as “not paying their fair share”, is coming to fruition. cdnpoli We are over taxed and can not keep giving all our money to the government.
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Uptick in business bankruptcies just the tip of the iceberg: CFIBA small business lobby group says commercial bankruptcies are rising in Canada and even more small businesses are at risk of closure. Yeah...2 years of BS lockdowns by the government for a glorified COLD had NOTHING to do with it. Stores were depending on the opening up of the economy to help them out. For some it didn't. 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.
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