Finance & Taxation | Quebec | Store Operations

Montreal retailers face their most challenging times after reopening. (Montreal Gazette)

July 2, 2020

Marc Fortin, president of the Retail Council of Canada-Quebec, said many retailers are facing cash flow issues. He said some retailers have had no revenue for three months, but were expected to pay rent and inventory, and are now fighting for survival.

“Most retailers, except for essential businesses, will not make money this year,” Fortin said. “Their target is how to keep their operations running and people working.”

Read more at Montreal Gazette

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