Canadian Manufacturing

38% of Canada’s small businesses now fully open: CFIB

New Brunswick and PEI have the largest share of local businesses fully open

May 26, 2020  by CM Staff

Businesses are slowly beginning to reopen amid
COVID-19. PHOTO: Wikimedia Commons

TORONTO – The share of businesses that are fully open continued to rise this week, with 38% of small firms reporting they are fully open in the latest survey by the Canadian Federation of Independent Business (CFIB).

New Brunswick and PEI now have the largest share of local businesses fully open at 54%, followed by Saskatchewan at 51%. Nova Scotia, Ontario and Newfoundland and Labrador remain as the least open economies.

% fully reopen by province:

BC

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AB

SK

MB

ON

QC

NB

PEI

NS

NL

36

47

51

46

34

43

54

54

29

20

“Importantly, the number of firms reporting they are fully closed has dropped to 17%, with 44% reporting they are partially open,” said Dan Kelly, CFIB president, in a prepared statement. “Sadly, many business sectors remain largely closed. Arts and recreation, social services and restaurants/hospitality were the least likely to be fully open.”

As restrictions lift and economies open, small businesses are concerned with maintaining safe social distancing for staff and customers (58%), making customers feel comfortable (51%), keeping up with cleaning/disinfecting requirements (51%), knowing what the rules are (49%), accessing personal protective equipment (39%) and having enough staff (29%).


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