Sign up for our newsletter and get a curated list of the top trending stories and exclusive rewards every day.

Trending Topics

Get the MTL Blog app

Download on the App StoreGet it on Google Play

45% Of Montreal Businesses Reportedly Lose Money For Every Day They're Open Right Now

The second wave is causing a major hit on small businesses in the city.
Contributing Writer
45% Of Montreal Businesses Reportedly Lose Money For Every Day They're Open Right Now

The second wave of COVID-19 in Quebec, which in turn has led to the second lockdown in various regions, has taken a major toll on Montreal businesses.

According to the latest survey conducted by the Canadian Federation of Independent Business (CFIB), 57% of Montreal businesses have seen a decline in sales as a consequence of the second wave.

And if that wasn't bad enough, 45% of businesses in the city apparently lose money for every day they're open during this time.

Editor's Choice: Santé Montréal Is Hiring For Over 150 Positions Right Now & Students Can Apply

Small businesses still haven't recovered from the first wave of COVID-19 lockdown measures.

Dan Kelly, CFIB President

It's not just Montreal that's feeling the hit, either.

According to the CFIB's survey, 46% of Quebec City businesses lose money for every day they're open, and 44% for Gatineau enterprises.

Businesses in both Toronto and Winnipeg seem to have felt the largest punch in Canadian cities recently, with 70% reportedly seeing a decrease in sales as "a result/fear of the second wave."

"An alarming 71 per cent of small business owners say that governments need to do a better job at reporting COVID-19 related health statistics in order to support consumer confidence," the president of CFIB shared in a press release.

"This needs to change."

This article's cover photo was used for illustrative purposes only.

More from MTL Blog

Comments 💬

Our comment section is a place to promote self-expression, freedom of speech and positivity. We encourage discussion and debate, but our pages must remain a safe space where everyone feels comfortable and the environment is respectful.

In order to make this possible, we monitor comments to keep spam, hate speech, violence, and vulgarity off our pages. Comments are moderated according to our Community Guidelines.

Please note that Narcity Media does not endorse the opinions expressed in the comment section of an article. Narcity Media has the right to remove comments, ban or suspend any user without notice, or close a story’s comment section at any time.

First and last names will appear with each comment and the use of pseudonyms is prohibited. By commenting, you acknowledge that Narcity Media has the right to use & distribute your content across our properties.

Loading...