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A sign on a store window in Ottawa on March 23, 2020. Most economists agree that many small businesses will not survive the shutdown to prevent the spread of COVID-19. The Canadian Press/Adrian Wyld
Most economists agree that a large number of small businesses will not survive the government-mandated shutdown to prevent the spread of COVID-19, and predict that businesses—and people—who do make it through the crisis will live with permanently higher taxes due to record-high government deficits.