Peace Bridge duty-free shop enters receivership, owing millions in rent and debt due to declining cross-border travel.

The Peace Bridge duty-free shop, located at Canada's second-busiest border crossing, has been ordered into receivership due to millions of dollars in debt and overdue rent. The shop owes up to $17 million in unpaid rent and $3.3 million in debt. The financial struggles coincide with a significant decline in cross-border travel, leading to falling sales for duty-free shops across Canada.