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ALDRICH: COVID has businesses struggling with debt
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Small businesses in Prairies taking on $180K in debt on average, new report says
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Author of the article: Josh Aldrich
Publishing date: Feb 19, 2021 • February 19, 2021 • 3 minute read • Month-to-month from November to December, the Canadian retail sector numbers fell by 3.4% with much of the country entering some form of lockdown during the month. In Manitoba, where all non-essential business had been shuttered since Nov. 12, the sector fell by 7.2%. Photo by Stock photo /Getty Images
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The cost of the COVID-19 pandemic will take years to tally up but the early returns on the impact to the economy are starting to ring in.
According to the latest report, Manitoba’s retail sector is among the hardest hit in the country.
Winnipeg Free Press
Province s announcement of reopenings not all roses and sunshine for local operators
Last Modified: 8:06 PM CST Tuesday, Feb. 9, 2021 | Updates
Dino Camiré is counting down the days before the province makes his business a pandemic scapegoat again.
He said it happened before when restrictions were loosened last fall, and believes it’ll happen again after updated public-health orders come into effect this Friday. It won’t be my fault or any other businesses included in these reopenings, said the operator of One Family Fitness Centre in Winnipeg. But what happens when COVID-19 cases start rising again? It’ll be so much easier to blame us, even though we’re the ones stuck following and trying to understand their confusing rules.
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