Article Date 30/07/2020

CFIB Predicts Thousands of Small Businesses Could Close in NL Due to COVID-19

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A new report by the Canadian Federation of Independent Business says nearly 3,000 small businesses are at risk in Newfoundland and Labrador, and Canada could lose another 158,000 due to the impact of COVID-19.

The CFIB warns one in seven businesses are at risk of going under due to the pandemic in addition to those that have already closed.

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