Despite the debate on who is really reaping the benefits of Etsy's massive success, there is no denying that the move toward supporting entrepreneurship and small businesses is the way forward.
It’s unclear how long the pandemic will last or how many shutdowns the country will see. Canadian retailers can use these methods to continue operations.
A “grim” situation is emerging as debts mount and thousands more businesses are expected to fail amid a third provincial lockdown due to the COVID-19 pandemic.
While retail stores in the GTA will be permitted to operate at lower capacities on February 22, restaurants, personal care, and gyms will remain shut with no end in sight.
The CFIB and several prominent retail experts say that the industry will struggle amid further restrictions, necessitating significant changes to business models.