During an April 2020 study, 81 percent of small business owners in Canada stated that COVID-19 has had a negative impact on their business. In response the to this impact, the owners made significant changes to their businesses such as laying of staff members which 25 percent of the respondents said they had to do.
Ways in which small business owners adapted in response to the coronavirus outbreak in Canada as of April 2020
Characteristic
Share of respondents
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Canadian Imperial Bank of Commerce. (April 5, 2020). Ways in which small business owners adapted in response to the coronavirus outbreak in Canada as of April 2020 [Graph]. In Statista. Retrieved September 09, 2024, from https://www.statista.com/statistics/1129488/canada-ways-small-business-owners-adapted-to-covid-19/
Canadian Imperial Bank of Commerce. "Ways in which small business owners adapted in response to the coronavirus outbreak in Canada as of April 2020." Chart. April 5, 2020. Statista. Accessed September 09, 2024. https://www.statista.com/statistics/1129488/canada-ways-small-business-owners-adapted-to-covid-19/
Canadian Imperial Bank of Commerce. (2020). Ways in which small business owners adapted in response to the coronavirus outbreak in Canada as of April 2020. Statista. Statista Inc.. Accessed: September 09, 2024. https://www.statista.com/statistics/1129488/canada-ways-small-business-owners-adapted-to-covid-19/
Canadian Imperial Bank of Commerce. "Ways in Which Small Business Owners Adapted in Response to The Coronavirus Outbreak in Canada as of April 2020." Statista, Statista Inc., 5 Apr 2020, https://www.statista.com/statistics/1129488/canada-ways-small-business-owners-adapted-to-covid-19/
Canadian Imperial Bank of Commerce, Ways in which small business owners adapted in response to the coronavirus outbreak in Canada as of April 2020 Statista, https://www.statista.com/statistics/1129488/canada-ways-small-business-owners-adapted-to-covid-19/ (last visited September 09, 2024)
Ways in which small business owners adapted in response to the coronavirus outbreak in Canada as of April 2020 [Graph], Canadian Imperial Bank of Commerce, April 5, 2020. [Online]. Available: https://www.statista.com/statistics/1129488/canada-ways-small-business-owners-adapted-to-covid-19/
