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Michelle Auger

More businesses have been closing than opening in Canada: CFIB

The entrepreneurial drought, a sustained period of four or more quarters where business exits outpace new business entries, has been ongoing since early 2024.

One year into the trade war, half of Canadian small businesses no longer feel the U.S. is a reliable trading partner: CFIB

Three-quarters (75%) of small businesses say the tariff fight has strained their relationships with U.S. partners or clients, up sharply from 49% in March 2025.
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