5% of businesses closed in just a 1 month? That’s crazy
seeker-of-truthiness on
“Construction and retail” are cited repeatedly as worst hit. Aka yet another $25 burger place and McMansion contractor. Well it’s an economic downturn, consumer spending is at an all time low. Add to that the compounding effects of the carbon tax going through the economy. Not hard to see why folks are holding onto their wallets.
konathegreat on
Can’t have anything to do with the current federal government and their policies.
Nope.
Businesses must be experiencing things differently.
NoGrape104 on
I own a painting company, primarily commercial/industrial. I use various websites and am in contact with several general contractors to source projects for me to bid on. Across the board, bidding opportunities have been 1/3 of normal, this year. It’s very slow for everyone, at least in southern Ontario.
5 Comments
Oh No! Anyway….
5% of businesses closed in just a 1 month? That’s crazy
“Construction and retail” are cited repeatedly as worst hit. Aka yet another $25 burger place and McMansion contractor. Well it’s an economic downturn, consumer spending is at an all time low. Add to that the compounding effects of the carbon tax going through the economy. Not hard to see why folks are holding onto their wallets.
Can’t have anything to do with the current federal government and their policies.
Nope.
Businesses must be experiencing things differently.
I own a painting company, primarily commercial/industrial. I use various websites and am in contact with several general contractors to source projects for me to bid on. Across the board, bidding opportunities have been 1/3 of normal, this year. It’s very slow for everyone, at least in southern Ontario.