The federal government’s announcement on Wednesday that additional economic measures will be put in place to help Canadian workers and businesses amid the novel coronavirus pandemic may come as welcome news to struggling business owners.
Prime Minister Justin Trudeau said the government will spend up to $82 billion, including $27 billion in direct support for Canadian workers and businesses, and that the money will be disseminated through a combination of direct supports for workers and businesses and tax deferrals.
According to research by the Canadian Federation of Independent Business (CFIB), half of Canada’s small firms have seen a drop in sales due to the economic effects of COVID-19, the disease caused by the novel coronavirus, with
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