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As pandemic bills come due, are Canada's small businesses in danger?

As pandemic bills come due, are Canada's small businesses in danger?

FromThe Big Story


As pandemic bills come due, are Canada's small businesses in danger?

FromThe Big Story

ratings:
Length:
25 minutes
Released:
Feb 12, 2024
Format:
Podcast episode

Description

Last year, small business insolvencies hit a level not seen in more than a decade. And that was before this January's deadline to repay pandemic relief loans in order to have some portion of them forgiven. Most businesses haven't seen pre-pandemic levels of business return—and inflation coupled with high interest rates mean consumers have less and less money to spend.How precarious are the independent businesses in your neighbourhood right now? If they close up shop, will anything replace them? Why has the government declined to extend loan repayment further? And what happens to our neighbourhoods if these businesses keep vanishing?GUEST: Ryan Mallough, Ontario vice president with the Canadian Federation of Independent Business
We love feedback at The Big Story, as well as suggestions for future episodes. You can find us:Through email at hello@thebigstorypodcast.ca Or by calling 416-935-5935 and leaving us a voicemailOr @thebigstoryfpn on Twitter
Released:
Feb 12, 2024
Format:
Podcast episode

Titles in the series (100)

An in-depth look at the issues, culture and personalities shaping Canada today.