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Published 2 years ago

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

Summary by Ground News
Statistics Canada data shows small business insolvencies have been on an upward trend since May 2021. The Canadian Federation of Independent Business says its own survey data indicates only 10 per cent of Canada's small business owners would file for bankruptcy if their business was no longer solvent. The lobby group wants government support to help Canada'ssmall business sector get through the next few months.

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