What investors should be buying during this ‘safety phase’ of the market recovery [Toronto Globe and Mail (Ontario, Canada)]
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Source: Toronto Globe and Mail
What investors should be buying during this ‘safety phase’ of the market recovery Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow CIBC economist Avery Shefeld believes Canadian governments must act now to address rent payments for small and medium sized businesses, “Many micro businesses, will unfortunately not survive the crisis … Given the aversion towards debt accumulation, the concept of borrowing money to pay for rent will be difficult to justify — especially if you are not sure how long that need will last … A rent solution is what’s needed to keep these businesses in place during the shutdown so that they are ready to unlock the door and reopen when that’s permitted. The inability to pay rent might force SMEs to lay people off and reduce their participation in the wage subsidy program … in the absence of a rent solution, the effectiveness of the wage subsidy program will be compromised.” “A Rent Solution for SMEs is Needed Now”
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AMZN
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AMZN
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