shockedcanadian
Diamond Member
- Aug 6, 2012
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The Creepy Ones are well fed though.
Decades of allowing crooked outfits to destroy a nation will do that. They cannot blame me, I'm just the Messenger.
globalnews.ca
Canada is facing an “entrepreneurial drought.”
That’s according to a new report from the Canadian Federation of Business (CFIB) released Wednesday that says more businesses have been closing than opening in Canada each quarter since early 2024.
The “drought” began in early 2024, the CFIB said, with the gap between openings and closures reaching a new high in the last quarter (October to December) of 2025.
“Canada’s economic foundation is crumbling. Governments need to stop just papering over the cracks and really refocus efforts on policies that improve the small business environment,” said Brianna Solberg, CFIB’s director for the Prairies and the North.
CFIB defines “entrepreneurial drought” as a “sustained period of four or more quarters where business exits outpace new business entries.”
In the second quarter of 2025, exit rates — or the number of businesses closing — reached 5.6 per cent of businesses while entry rates, the number of businesses opening, fell to 4.9 per cent, marking some of the highest closure rates and weakest startup activity outside of the pandemic.
In the fourth quarter of 2025, the entry rate fell to 4.8 per cent. The exit rate for the final two quarters of 2025 was not available, CFIB said.
Closure rates reached a high in 2020, when the pandemic forced many businesses to close down shop. There was a bounce back by 2021, data shows.
Decades of allowing crooked outfits to destroy a nation will do that. They cannot blame me, I'm just the Messenger.
More businesses are closing than opening in Canada, report finds - National | Globalnews.ca
Canada’s 'entrepreneurial drought' began in early 2024, with the gap between openings and closures reaching a new high in the last quarter of 2025, a new report says.
Canada is facing an “entrepreneurial drought.”
That’s according to a new report from the Canadian Federation of Business (CFIB) released Wednesday that says more businesses have been closing than opening in Canada each quarter since early 2024.
The “drought” began in early 2024, the CFIB said, with the gap between openings and closures reaching a new high in the last quarter (October to December) of 2025.
“Canada’s economic foundation is crumbling. Governments need to stop just papering over the cracks and really refocus efforts on policies that improve the small business environment,” said Brianna Solberg, CFIB’s director for the Prairies and the North.
CFIB defines “entrepreneurial drought” as a “sustained period of four or more quarters where business exits outpace new business entries.”
In the second quarter of 2025, exit rates — or the number of businesses closing — reached 5.6 per cent of businesses while entry rates, the number of businesses opening, fell to 4.9 per cent, marking some of the highest closure rates and weakest startup activity outside of the pandemic.
In the fourth quarter of 2025, the entry rate fell to 4.8 per cent. The exit rate for the final two quarters of 2025 was not available, CFIB said.
Closure rates reached a high in 2020, when the pandemic forced many businesses to close down shop. There was a bounce back by 2021, data shows.
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