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flag Canadian law offers Vancouver businesses creditor protection, saving jobs and aiding restructuring.

flag The Companies' Creditors Arrangement Act (CCAA) in Canada is helping Vancouver businesses survive by offering protection from creditors, allowing restructuring and job preservation. flag Under the CCAA, companies gain a temporary reprieve from creditor actions, enabling negotiations for sales, debt relief, and liability clarification. flag This process, while complex and potentially lengthy, has saved jobs and kept businesses like Mountain Equipment Co. operational.

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