Krista Thompson - 6 October 2020 - 12:09pm
Atlantic First Nations firms and communities are facing unprecedented losses of revenues due to the Covid-19 pandemic and will continue to feel the economic effects for the next two to three years.
• Only 8% of Indigenous businesses can continue to operate for one year without support due to
COVID-19.
• 2 out of 5 Atlantic Indigenous businesses expect a 50% drop in revenues.
• Indigenous communities have less access to liquidity to finance deficits, these limit borrowing
ability for Indigenous communities.
