Canadian Federation of Independent Business estimates that a total of $117 billion of new debt has been loaded onto small businesses as a result of the COVID-19 pandemic.The national association based its estimates on an online survey of small business owners from June 26 to July 2.
Business advocates ask Alberta government to supply non-AHS doctors with PPE, according to CFIB survey About 2,100 of the survey’s 4,502 respondents agreed to reveal how much debt they’d incurred due to COVID-19.[ Sign up for our Health IQ newsletter for the latest coronavirus updates ]On average, the small businesses that provided information for the CFIB survey had $135,000 in debt for a total of nearly $285.4 million.The CFIB estimates that would result in.