3 million workers at risk of losing their jobs in Canada – English-BanglaNewsUs
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3 million workers at risk of losing their jobs in Canada

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Published February 4, 2021
3 million workers at risk of losing their jobs in Canada

News desk: Since the outbreak of the Corona epidemic, the Government of Canada has played one important role after another in the health and economic development of its citizens. Despite government incentives and hundreds of attempts, the new lockdown could permanently shut down more than 200,000 small businesses. As a result, 3 million workers in the private sector are at risk of losing their jobs.

According to a recent survey, 1 lakh 61 thousand small entrepreneurs are thinking of closing down their businesses due to the new lockdown imposed by the government. In addition, 57,000 active businesses have become inactive in 2020.

According to the CFIB, 61,000 to 222,000 or 8 to 22 percent of businesses could close. As a result, 9 lakh 72 thousand to 29 lakh 51 thousand jobs will be at risk. But it depends on how much the situation changes. In addition, 25 percent of businesses that become inactive in 2020 could be at risk of permanent closure.

The CFIB’s forecast for small and medium-sized companies indicates a worse situation than last summer. In the previous survey, CFIB had predicted the closure of 1.56 lakh businesses.

According to the latest data, the number of people infected with coronavirus in Canada is 6 lakh 8 thousand 420 people, 20 thousand 213 people have died and 6 lakh 18 thousand 648 people have recovered.

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