Small business owners are suffering emotionally and mentally as the Canada Post strike drags on, according to a small business advocate.
Speaker and author Beverlee Rasmussen, the owner of a company in Langley, B.C., that provides business coaching services to small companies, said small business owners are suffering as the strike continues with no end in sight.
“This strike doesn’t look like it’s going to end anytime soon. I’ve been hearing for the last couple of weeks that it’s costing business owners more than just money. It’s really taking a toll on their mental health, and they’re exhausted. They’re frustrated,” she told The Epoch Times in a phone interview.
Rasmussen said the strike and its complications are compounding other challenges businesses have been facing for months.
“The strike on top of the port strike earlier, not being able to get goods in, the threat of tariffs, inflation, and still dealing with COVID,” she said, “Most small business owners are just kind of getting back on their feet now, and they’ve had enough.”
She said the mental health component came into focus when she was talking to a business owner she knew as they were both at a doctor’s office.
“Her face went red, and she started to tear up, and she said, ‘I’m getting medication. I can’t take it anymore. I can’t handle this stress on the cusp. I can’t get out of bed,’” Rasmussen recounted.
“It’s the most poignant example that just came up this week.”
The businesswoman is not alone. Recently, the Canadian Federation of Independent Business (CFIB) said owners from all parts of Canada are suffering during the critical holiday shopping season.
The CFIB also cited the example of a seed supplier in Prince Edward Island that can’t send out its catalogues. The company is now facing a revenue shortage, high storage costs for the 270,000 catalogues it had printed, and low Christmas orders anticipated.
Small firms missed Black Friday, the most important sales weekend of the year, and businesses coast to coast had lost over $1 billion by Dec. 4, CFIB said.