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Canada on Edge as Businesses Brace for Potential Wave of Bankruptcies in 2024

"Profits have plummeted and we've seen the stresses of CEBA loan repayments due, and perhaps other stresses coming into play," said Pedro Antunes, Chief Economist at the Conference Board of Canada.

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Canada braces for possible wave of business bankruptcies

Thousands of Canadian small businesses face the risk of bankruptcy after the government ended pandemic-era support last month with the economy slowing at a time of high interest rates. Of the 900,000 who had taken the government support, a fifth have not yet repaid their loans, Finance Minister Chrystia Freeland said on Monday. The Canadian Federation of Independent Businesses (CFIB), a small-business lobby group, estimates a quarter missed the deadline.

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Lifelong Learner Holdings announces the sale of PSI Services

LLH tightens strategic focus on Talogy, the expert talent management solutions provider. 

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Lifelong Learner Holdings announces the sale of PSI Services

LLH tightens strategic focus on Talogy, the expert talent management solutions provider. GLENDALE, Calif., Jan. 29, 2024 /PRNewswire/ Lifelong Learner Holdings LLC (LLH) today announced the sale of PSI Services LLC (PSI), a leading provider of assessment solutions for the licensing and certification markets, to Educational Testing Services (ETS), the world's largest private educational testing and measurement.

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Lifelong Learner Holdings announces the sale of PSI Services

Lifelong Learner Holdings announces the sale of PSI Services
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