38% of Canada’s small businesses now fully open: CFIB
New Brunswick and PEI have the largest share of local businesses fully open
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:
“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%).