Economic uncertainty often acts as a stress test for Canadian businesses. For some, it reveals opportunities to adapt and grow stronger. For others, it exposes vulnerabilities that were previously manageable in better times. For those on the edge, it can accelerate financial decline — especially when business leaders wait too long to respond.
Insolvency isn’t a failure of effort. It reflects how quickly a business can adapt to changing conditions. In a high-interest, post-pandemic economy, that ability is being tested daily.
When financial pressure mounts
One of the first red flags in a tightening economy is a squeeze on cash flow. Rising costs and slower sales can quickly outpace incoming revenue for businesses carrying…