News Formal

Ottawa small business owners say revenues are worse than pre-pandemic

  • 📰 ctvottawa
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 67%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

The pandemic pain may be over for many, but small business owners saddled with debt are still hurting.

Revenue is lower than pre-pandemic. And now, government relief loans issued during lockdown are coming due.“The pandemic has destroyed my business, and my life,” he said.

“We’re at a point now where the debts are coming due, and the money is just not coming in the way it did pre-pandemic. Yet, they expect those things to be paid off quickly, and it’s just not a possibility - we’re going to see a lot of businesses close this year,” he said. He’s not the only one in this situation. OCOBIA, the Ottawa Coalition Of Business Improvement Areas conducted a survey of small businesses that sheds light on how small businesses are faring.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 29. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Sue the politician who made the choices that caused financial ruin. Bankrupt them.

Sue them PERSONALLY though

Sue the government for the impact of their terrible decision marking.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

B.C. premier wants Ottawa to stop clean-energy investment from flowing into the U.S. - Terrace StandardDavid Eby’s first international trip to Washington State also touched on housing, environment
Bron: TerraceStandard - 🏆 24. / 68 Lees verder »