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Tag: Toronto Active Businesses

Canada | Toronto

Toronto Business Closures Hit Highest Level Since 2020 Lockdowns

August 5, 2026

Toronto’s entrepreneurial spirit is alive and well—but so is the region’s crushing reality. Statistics Canada (StatCan) data shows Toronto CMA saw the most April business openings in at least 11 years. At the same time, it also saw the second-most April business closures on record—only behind 2020. The combination has driven the number of active […]

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