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More businesses have been closing than opening in Canada – it’s time to admit it: We’re in an entrepreneurial drought

High costs, red tape, labour challenges and never-ending uncertainty discouraging the next generation of entrepreneurs More businesses in Canada have closed than opened for six consecutive quarters, and more than half (55 per cent) of small business owners say they would not recommend starting a business right now, according to new research by the Canadian […]
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Port Hawkesbury Reporter broke the news on Friday, April 24, 2026.
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