Seventy-one percent of Canadian small businesses still missing revenue

In more evidence that the economic rebound has stalled in Canada, a new survey from the Canadian Federation of Independent Business finds that just one in three or 29% of small and medium-sized businesses said that they were back to “normal or better” sales as of September 16, a number largely unchanged since mid-July.  See Only 29% of Canada’s small businesses are back to full sales:

At the current pace, the average business won’t see sales return to normal levels for another 17 months, the CFIB said. That doesn’t bode well for country’s outlook, considering how important small firms are for the economy. As of June, 98% of companies employ fewer than 100 people, data from Statistics Canada show.

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Mark Z. Jacobson on using crisis spending for lasting benefit

Stanford Professor of Civil & Environmental Engineering and Cofounder of the Solutions Project, Mark Z Jacobson’s new book 100% Clean, Renewable Energy and Storage for Everything can be pre-ordered now on Amazon here.

Looking forward to my copy arriving soon.

Mark’s interview with Chris Engelbrecht of Extinction Rebellion on the feasibility of transitioning countries to clean, renewable energy is the Coles Notes.  We must use crisis ‘stimulus’ for a lasting benefit.  Here is a direct video link.

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Financial strain intensifying as deferrals and CERB wind down

Scott Terrio, manager of consumer insolvency at Hoyes, Michalos & Associates joins BNN Bloomberg to discuss personal finance issues that could come up as CERB comes to an end. Here is a direct video link.

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