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Business insolvencies reach new highs, ending pandemic’s era of low closures

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Business insolvencies reach new highs, ending pandemic’s era of low closures
Sverige Senaste nytt,Sverige Rubriker

Bankruptcies and proposals are now higher than they were before the pandemic began, ending an era when fewer Canadian businesses were closing shop

business insolvencies has come to an end, and a new epoch of business closures may have just begun, new data suggest.

“There is a lot of damage from COVID that we’re catching up on now,” said David Lewis, a licensed insolvency trustee and a spokesperson for the Canadian Association of Insolvency and Restructuring Professionals.

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globeandmail /  🏆 5. in SE
 

Tough to stay in business these days if you’re not big enough to afford those WEF dues.

Of course, shutting businesses down using up all their excess savings and resources and then watching their infrastructure costs go through the roof it's going to crush them. And The business emergency loan is another burden an added debt

like it was planned.

Sverige Senaste nytt, Sverige Rubriker

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