Recovery to be difficult for small businesses that survive COVID
CFIB shows only 26% of small businesses are reporting normal sales volumes, leaving the remainder at risk of insolvency.
Small business 12-month outlook holds at 59.2 on CFIB index
Three-month Business Barometer outlook considerably more pessimistic at 39.7 over the year-long outlook.
Quebecers who don’t follow COVID-19 mask guidelines to face fines
Dollar amount of the fines has not been decided, province-wide sanctions to begin Sept. 12.
Small business outlook points to sluggish recovery
Proportion of businesses in bad shape has dropped and is now on par with those who say they are in good shape.
Small business owners rank government aid programs
While CEBA, CEWS well used, CECRA continues to fall short, according to CFIB
Small business sales struggle after reopening: CFIB survey
More than three out of five business owners are worried that consumer spending will remain low, according to CFIB
Businesses could qualify for one more month of rent relief as program extended
About $613 million has been paid out to 63,000 tenants as of July 30
Canada could lose an additional 158K small businesses to COVID-19: CFIB
Government and consumer support are make-or-break for small business survival
CERB a top reason workers refuse to return to work: CFIB
Emergency benefit appears to be impeding small companies from staffing up as they reopen their businesses.
Manitoba offers more subsidies for businesses hit by COVID-19
Until now, the Back To Work program paid businesses who hired or brought back staff up to $5,000 per employee.
Small business confidence increases slightly in June: CFIB
Many fear future COVID-19 outbreaks could renew closures and interruptions.
Small businesses face troubling return to ‘normal’ from pandemic
Frustration over confusing messages, staggered deadlines for financial and rent support, and a lack of clarity around COVID-19 support systems.
Significant changes to wage subsidy and CERB programs required: CFIB
Small business owners face significant barriers hiring or recalling staff as they return to work.
44% of small firms now fully open, normal sales for only 15%: CFIB
Latest survey shows many regional and sectoral differences remain and some sectors.
Small business confidence flat in May: CFIB
Thirty-nine per cent of reporting manufacturing firms identified business health as bad.