22 min listen
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
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)
What's up with these crazy gas prices?: These last few weeks, the war in Ukraine has been at the front of everyone’s mind, and rightfully so. And while we in Canada have so far been insulated from the conflict and its worst humanitarian and economic impacts, we are starting to feel its effects, at the pumps. Across Canada, gas prices have hit historic highs, and experts say they could, and likely will rise even more in the coming weeks and months. Even if you don’t drive to work every day, or even own a car for that matter, you will feel the rising cost of energy as it drives up the price of virtually all goods and services. So what’s really behind skyrocketing gas prices? How high could they go? And is there anything anyone can do to bring them back down? GUEST: Roger McKnight, Chief Petroleum Analyst at En-Pro International Inc. by The Big Story