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CFIB Survey Finds N.B. Leading The Way For Reopening Business

It is going to be a long road back for many businesses after COVID-19, but a recent survey by the Canadian Federation of Independent Business finds New Brunswick is leading the way for small businesses.

Forty-four per cent of Canada’s small businesses are now fully open, up from 38 per cent two weeks ago.

In New Brunswick alone, that percentage stands at 59 per cent.

The concern is, only 17 per cent have returned to normal sales level.

CFIB president Dan Kelly says he is very worried about sectors like transportation, health and social services, arts and recreation and restaurants/hospitality.

Across Canada, only 13 per cent of of hospitality and restaurant businesses have reopened with the new COVID-19 restrictions.

Agricultural and Construction has the highest percentage.

Newfoundland has the lowest number of small businesses that have reopened at only 24 per cent.

Kelly adds for many recovery is another question as just opening your doors does not guarantee your customers will return.

% fully open and sales by province

NB

AB

SK

MB

QC

NS

BC

ON

NL

% fully open

59

54

51

50

49

47

47

37

24

% normal sales

17

15

25

20

16

21

17

12

5

% fully open and sales by sector

% open

% normal sales

Agriculture

73

36

Construction

73

20

Manufacturing

63

16

Professional services (e.g. law firms)

62

26

Wholesale

56

17

Enterprise management

56

18

Finance, Insurance, Real Estate

52

27

Transportation

50

4

Retail

44

22

Personal services (e.g. hair salons)

44

13

Social services (e.g. chiropractors)

29

5

Arts and recreation (e.g. gyms)

21

3

Hospitality (e.g. restaurants)

13

5

  • Tara Clow is a multi-award-winning news anchor and reporter with more than 30 years of experience at radio stations across Canada. She is a graduate of the Radio and TV Arts program at Toronto Metropolitan University and the Humber College radio broadcasting program. She is based in Moncton and covers stories across Canada. Contact Tara at clow.tara@radioabl.ca.

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