DOI: 10.5716/978-981-08-9493-1_IE58
Authors: Dr Siva Prasad Ravi
Abstract:
The current recession that originated in US turned into a Global recession. Like all other sectors of Canadian Economy, SMEs in Canada also suffered due to the effects of recession. While a few of them have gone bankrupt, a number of SMEs endured the recession. Canadian SMEs in general have adopted a number of strategies to overcome the effect of recession.
Keywords: SMEs, Recession, Economy, and Bankruptcy
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