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More than 200,000 Canadian small businesses could shut their doors permanently due to the novel coronavirus pandemic, jeopardizing close to three million private-sector jobs in the worst-case scenario, according to a recent survey by the Canadian Federation of Independent Business (CFIB).
The organization estimates 181,000 small entrepreneurs are seriously considering closing down their businesses after a spike in case counts prompted a new wave of government lockdowns and restrictions.
Read full story here: More Than 200K Small Businesses Could Close Permanently Amid Pandemic: CFIB | Global News