Construction has disrupted nearly 70% of small businesses: CFIB

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Construction has disrupted nearly 70% of small businesses: CFIB
ConstructionEconomy
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Nearly 70 per cent of Canadian small businesses say they’ve experienced disruptions in some form, including taking a financial hit, from construction projects within the last five years, a new report from the Canadian Federation of Independent Business says.

Daryl Ching, founder and managing partner at Vistance Capital Advisory, joins BNN Bloomberg to discuss the BoC rate cut impact on small businesses.

The most frequent disruptions that local construction causes are heavy traffic in the area, dust, debris and noise, the report said. CFIB says small business owners reported losing 22 per cent of revenues on average during the single most significant construction project that affected them within the past five years.

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