As the COVID-19 pandemic rages on, so does the impact Canadians are feeling due to economic changes, job loss, and major disruptions across all sectors of the economy.

This point was further driven home on October 14, 2020, when BDO released their Annual Affordability Index, with data collected and analyzed by Angus Reid.What is striking for the business community is the number of self-employed individuals, many of home run small businesses, who have seen their personal finances deteriorate. The study indicates 60 percent of self-employed individuals are in a more tenuous situation.If a business relied on a store-front and had a minimal online presence before covid-19, they’ve probably had a hard year.Read more here and find links and resources to adopt digital solutions: https://loom.ly/swwPDlk

Other Articles

Business
5 Min Read

The Cornwall and Area Chamber of Commerce 37th Business Excellence Awards & 53rd Citizen of the Year Award

April 1, 2025

Read More
Advocacy
2 Min Read

Press Release - Cornwall and Area Chamber of Commerce Responds to Tariff Implementation

March 4, 2025

Read More
Education
8 Min Read

Navigating Tariffs: A Guide for Cornwall & Area Businesses

March 4, 2025

Read More