December 14, 2020
Millions Of Small Businesses Will Go Bankrupt In 2021 Due To Phase 2 Of COVID
Prior to the second wave of infections, the CFIB estimated 160,000 businesses in Canada would fail before the pandemic ends. Kelly raised that number to 225,000, or more than one-in-seven.
https://www.bnnbloomberg.ca/up-to-225-000-canadian-firms-could-close-because-of-covid-cfib-ceo-1.1520974
The Canadian Federation of Independent Business has increased it’s prediction by 37.5%
Canada has spent by far & away the most of any G-20 country to try to insulate the general populace.
Canada has 37m people & global equivalents are :
USA – 2.2m SMBS bankrupt in 2021 UK – 412k SMBs France – 396k Netherlands – 104k Australia – 155k New Zealand – 29k Singapore – 36k
The reaction to what we can do to help SMB’s save money & help their employees was incredible.
You’ll want to check out this video : https://www.linkedin.com/feed/update/urn:li:activity:6739180994953379840
Millions Of Small Businesses Will Go Bankrupt In 2021 Due To Phase 2 Of COVID
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