56,296 Canadian Businesses Closed In June

The vast majority of previously closed businesses remain shuttered.

According to Stats Canada, 56,296 businesses closed in June, as the economic damage from the CCP Virus Lockdowns continues to spread.

The number of businesses closures was down slightly (5.6%) from May.

However, the number of business closures is still far above normal, with the amount of shuttered businesses up 44% compared to February of 2020.

At the same time, 52,723 businesses opened in June, up 1/3rd from May.

However, the long-term problem is far worse.

Out of all the business that were shuttered in March and April, just 20% have re-opened.

And this year, Canada has lost about 14.1% of all active businesses.

This shows the damage the virus has caused to our economy, and is also evidence that – despite gigantic government spending – support for Canadian businesses hasn’t gotten to those who need it.

This also shows the danger of further lockdowns. The destruction of businesses can lead to suicides, poverty, and declining health, all of which will cause death as well.

For example, fentanyl overdoses are increasing, and more people have died of overdoses in Alberta than have died of the CCP Virus this year.

At some point, Canada must come to the realization that families, communities, and individuals are now well aware of what we need to do to stay safe, and that personal responsibility – rather than more government shutdowns – is how we need to get through this.

Spencer Fernando

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Garlet Farlett

The cure is worse than the disease.

Barry Bateman

Sad. While Trudeau Liberals focus only on an economy and business killing shut in, they have ignored the actual causes of Covid-19 deaths. Late to the 80% of deaths in senior care homes. And with no plan to make the immune compromised less vulnerable. This will not be the last virus. Canadians must continue to focus on making our health better. https://www.academia.edu/44171348/COVID_19_is_not_a_pandemic_CDC_only_6_of_deaths_are_solely_from_COVID_19_It_is_a_SYNDEMIC_we_are_taking_a_far_too_narrow_approach_to_manage_the_outbreak_?email_work_card=abstract-read-more

NancyW

I think it was Switzerland that refused any lock downs or closes of businesses when it started in Europe and they had somewhat higher numbers of the CCPvirus and deaths at first, and it continued a little longer but abated also, the rest of Europe is now on a second wave and in Switzerland it has very low numbers and very few deaths now, their businesses are still running fine and their medical system is still well supplied and functioning normally I read. They do not think they will have a second wave, makes sense as they stayed open.

Leslie Ross

Sweden

Arie Intveld

It is fair to say that small business owners represent a good chunk of the “middle class”. Well, so much for Trudeau’s claim to be “helping the middle class and those who hope to join it”.

Privately-owned enterprise is the enemy of Marxism.

In other breaking news, Catherine McKenna would love to take your dog for a wok.

Moe S.

We are witnessing the destruction of small & medium independent businesses. A monumental wealth transfer from middle class mom& pops businesses to multinational conglomerates i.e., Amazon; Google; Walmart; Lowes; Target; Apple; Facebook etc.
These conglomerates are worth a trillion dollars to date due to the record high profits as a result of the pandemic. They don’t give a damn about the independent business closures.

Arie Intveld

Annihilation of the Middle Class, plain and simple.. Are you a part of (or hoping to join) the Middle Class? Whatcha goin’ to do?

Douglas Robilliard

the joke of kanada keeps up its destruction, Jesus Christ what next??? ccp party to take over parliament? how about a civil revolt against the lib liars of Kasikstanada!