Canadian small businesses on brink as pandemic aid disappears ...Middle East

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WION Video Team  | Updated: Feb 02, 2024, 12:20 PM IST The lifeblood of the Canadian economy, small businesses, face a precarious tightrope walk. Pandemic support has ended, leaving thousands struggling with loan repayments. Nearly two-thirds of the private sector workforce falls within these small firms, making their fate crucial to national prosperity. As of last month, a significant portion of the government loans remain unpaid, with some estimates reaching a quarter of recipients missing the deadline. Watch to know more! The post Canadian small businesses on brink as pandemic aid disappears appeared first on Bloomberg News Today.

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