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

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

Data from the Office of the Superintendent of Bankruptcy Canada 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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It's just 'transitory' bankruptcy...

Hopefully every business that implemented discriminatory vaccine passports goes bankrupt and eventually charged with hate crimes.

And never forget this piece of trash 👉🏻 CFIB

Poll: Should Canada provide wage subsidy for small businesses?

A stagnate economy mixed with mass third world migration mixed with automation will make for quite the futures for this country lol

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