The sharp pullback in openings, which is also down by almost 49 per cent compared to the same quarter in 2019, marks a shift from the sense of optimism last year among consumers and business owners as vaccines were rolled out and restrictions eased, said Jeff Brown, Equifax's head of commercial solutions.
There is normally a large uptick in business openings in the second quarter of the year as businesses gear up for the summer, said Brown, a combination of new businesses registering and existing ones becoming financially active.
Source: News Formal (newsformal.com)
NdPLib collab 2025!!
Yeah, don’t blame it on Trudeau’s massive taxation that’s been underway since 2015.
covid controls can cause mini downturns that prevent larger downturns from your workforce being infected over and over, so without covid mitigations, we have nothing mitigating the covids effects in the people, so nothing mitigating the covids effects on the economy?
The recession isnt “looming”, it’s HERE. But of course the MSM will wait for the government talking points before they tell us.
I've been going to confession since I voted for Trudeau.
WELL DUH!
Business closings? No.....they identify as open successful businesses. CTV are bigots!!