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Canadian business closures outpace new startups amid high costs and red tape.
A new report by the Canadian Federation of Independent Business reveals that Canada is experiencing a prolonged "entrepreneurial drought" with business closures outpacing new startups for six consecutive quarters.
High costs, complex regulations, and economic uncertainty are deterring entrepreneurs, prompting the CFIB to urge governments to reduce red tape and taxes to support the economy.
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Los cierres de negocios canadienses superan a las nuevas startups en medio de altos costos y burocracia.