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Canadian Small Biz Struggles Deepen | Toronto News
Canadian small business owners are in crisis, with confidence at a three-year low and nearly half considering permanent closure. Cash reserves are dangerously thin, and rising costs—fuel, inflation, and operating expenses—are crushing profits. Alarmingly, 61% operate without insurance, convinced they don’t need it or face covered risks. Top fears? Customer nonpayment, cyberattacks, and theft. The “Buy Canadian” push barely helps, while regional pain points vary: Atlantic Canada struggles with gas, Ontario with inflation, and BC leads in shutdown intentions. Listen in comfort:Get a discount on…
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