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Statistics suggest that small and medium businesses lost about $ 60 billion in the first year of Canada Statistics, Gov -19 -related locking and travel barriers Blacklock reporter.
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The number received from companies that have applied for 000 60,000 loans under the Canada Emergency Business Account Scheme, which has been calculated by any federal corporation on the impact of the infection.
Researchers wrote, “Approximately 47%of all small and medium businesses from 2019 to 2020, the annual salary costs less than $ 1.5 million, and the total profit, nearly $ 60 billion.”
In the meantime, the Canadian Independent Business Federation made the private sector loss in 2021 and died of $ 139 billion.
The results of the Emergency Business Account Scheme of Canada’s Emergency Business Account Scheme say that the revenue of the Canada Emergency Business Account Scheme has fallen “30 to 60%”.
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“This was the reason for the continuous waves of health restrictions,” it said.
Meanwhile, retailers, builders and manufacturers reported a “about 20 to 25%” decline and they were healed quickly.
“There are many businesses that have applied and received for financial assistance,” researchers wrote.
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Of the 898,271 borrowers, only 6,343 were filed for bankruptcy, but the number was deceived as the loans were not repaid until December 31, 2026.
“One -fifth or 19.9% of businesses are not aware of cash flow or credit access to repay the loan,” said repayment and bankruptcy.
Still, another 14.5% said that there is certainly no money to repay 5% charged loans.
Loan Scheme.2 49.2 billion.
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