A Fifth of Canada’s Small Businesses Face Closure: Business Federation

An empty store up for rent is seen in Montreal on June 8, 2020. Paul Chiasson/The Canadian Press

A majority of small businesses in Canada have not rebounded to pre-pandemic levels, a Senate national finance committee heard yesterday.

“Only half of small businesses are back to normal sales from pre-pandemic levels,” testified Dan Kelly, CEO of the Canadian Federation of Independent Business (CFIB), according to Blacklocks Reporter.