COVID-19 has destroyed countless small businesses. But entrepreneurship has always been about rebirth [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
Coronavirus has decimated small business. But entrepreneurship has always been about rebirth A 'closed' sign hangs in the door of a vintage clothing store in London on April 14, during Britain's ongoing nationwide lockdown to stop the spread of COVID-19. Similar measures have shuttered businesses in Canada. JUSTIN TALLIS/AFP via Getty Images Author David Sax. Christopher Farber A masked statue of a dog sits outside Search and Rescue clothing store in Toronto's Kensington Market in March, soon after provincewide quarantine measures left the usually busy neighbourhood eerily quiet. Melissa Tait/The Globe and Mail Fast-forward a month. The federal government has authorized loans for small businesses, but many say they're not eligible for the Canada Emergency Business Account because they need 2019 tax records proving a payroll of a certain size. This sign in the front window of Frances Watson, a Toronto clothing store, voices that skepticism on April 15, a day before Ottawa low
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