A report released by the Canadian Federation of Independent Business on Jan. 21 suggests over 200,000 businesses could close permanently during the COVID-19 crisis. As Bindu Suri reports, one in six small business owners are now seriously contemplating shutting down.
- Canada’s big banks likely to give insight on economic recovery this week: analysts
- Retail sales fell 3.4% in December, marking biggest decline since April
- More than 200K small businesses could close permanently amid pandemic: CFIB