CANADA CLOSED For Business.. This Is Why

And on top of all of that, they spend

768 million hours a year just dealing

with regulation. That's basically

394,000 full-time jobs just doing

paperwork. And you're probably like,

"How much does that cost them?" Right?

We got to know. It costs them about $18

billion a year. If this is not a sign of

the times, I don't know what is. So,

they're predicting over 4,000

restaurants are going to close down in

Canada. And it's not just restaurants,

but this is a great indicator of what's

happening in our economy. And let's talk

about why.

>> In 2026, more businesses are closing in

Canada than there's new businesses

opening. That's where we're at right

now. And it's no surprise because of the

cost of living, lower wages, and

inflation is leading to a very stagnant

economy. And we're going to discuss that

today with a bunch of videos on this

very topic. But before we get into

things here, I want to let you know that

about 60 to 70% of you who come back to

the channel are not yet subscribed. So

if you find yourself coming back, hit

that subscribe button. And with that

being said, let's dive into it. Wait to

hear this. So today, I thought I'd go

out and do a little bit of price

comparison, you know, like shopping and

stuff. And I'm looking around the store

and uh I was thinking about getting some

salmon for dinner tonight, right? And it

was a little piece of salmon like this.

And um it's just my husband and I and it

was um $33. Yeah, I'm not getting

salmon. It's guys are interested in my

content, you should give me a follow and

a share because I'm starting to look

into something something else to sort of

combat these prices and and and what I

can do and um to help our myself out and

you know cuz we're on pensions and it's

just it's we just can't be paying these

kind of prices. It's just insanity.

Yeah. Salmon prices in general for a

country that's has a ton of salmon

supply apparently is ridiculously high.

In fact, at Costco, most of the salmon

that we find is between $35 to $50. And

my wife loves salmon from time to time.

We actually make our own poke bowls

every once in a while, but I don't know

if we're going to be doing that anymore

if salmon is pretty much the same price

as ribeye or tenderloin.

>> Hello. Good morning, Canadian living in

the United States. Your comment piqu my

interest and I wanted to know more. So,

I did what any normal and sane person

does when they want to know more about

something is you read the comment and

then you research it and you come to

your own conclusions. and I take notes.

So, you said that business is dying in

Canada, and I'm not one to do feelings,

so let's talk facts. Okay, we're going

to talk numbers. Canada has had more

businesses closing than opening for six

straight quarters. 55% of all small

business owners say, "Don't even bother

starting one right now." Stats can shows

closures are literally outpacing

openings. Let's talk insolvenies really

quickly. They accepted 143,864

insolveny filings, which is actually up

7.6%. The economy, it actually

contracted 0.6%, which is the slowest

growth since 2020. And here's the part

that nobody talks about about uh

Canadian small businesses are less tax

competitive than United States

businesses. And on top of all of that,

they spend 768 million hours a year just

dealing with regulation. That's

basically 394,000 full-time jobs just

doing paperwork. And you're probably

like, "How much does that cost them?"

Right? We got to know. It costs them

about $18 billion a year per business.

That's 735 hours or 92 full working days

gone. Fuel costs are also a real

problem. They are crushing nearly three

in four businesses. And the investment

per worker has been declining since

2013, which means less productivity,

less growth, less competitiveness. Now,

I am sure that this is just one big old

coincidence. Am I right? It has

absolutely nothing to do with taxes,

regulation, or policy. Right? All right.

Anyway,

>> it's almost as if they don't want

businesses to open in Canada. Unless

you're already a mega corporation and

you're going to collude with the

government. This is why a lot of

businesses are closing down because they

realize there is no way upwards at all.

You're either going to be stagnant or

your business is going down. And a lot

of businesses have went down in the last

few years and have went bankrupt. How's

it going everybody? Welcome back. So,

this is a news that should be bothering

everyone right here. Canada is now

losing businesses faster than the ones

that are opening essentially. Uh, it's

an article that I saw in a post on

Instagram and I decided to share it with

you guys here on Tik Tok. The reason why

I'm sharing this is because as of late,

I've been having hundreds of

conversations, I kid you not, uh, on

distressed companies. And the reason for

their distress mostly is due to tax debt

also mismanagement of capital and

circumstantial right certain times uh I

guess payes were bad um bad credit

clients and so on so forth whatever the

case this is a serious issue so if

you're a Canadian business owner the

biggest thing here on this channel that

we're trying to emphasize on is a debt

defense against the CRA you know that's

what we prioritize and the reason being

is because here at Thaddius Capital you

know our company especially uh our

objective was to provide financing,

right? As a small multif family office,

we provide financing. We help your

business scale, grow, and eventually

exit to make it profitable for

everybody. Unfortunately, every time we

came across a company or portfolio

companies and we're analyzing them, a

common trend in the balance sheet was

CRA debt. Uh so what ended up happening

is we kind of had to review and declined

a lot of the transactions for funding

simply because this debt capacity was

not serviceable. Uh so if you're looking

at ways to first and foremost um try to

find a defense mechanism for your CRA

debt specifically if you source

deductions GST HST PSD along the sides

of the trust accounts for the CRA uh

that's one thing that we can absolutely

help you with. But if you're a business

owner that's kind of struggling and you

want to kind of move into a platform

where you're able to be successful, um

find ways to leverage capital, uh the

best way to do that regardless of the

situation is to clear that CRA debt to

be able to be in a position to say that

you don't owe the government anything at

the same time create infrastructure to

be able to obtain financing to do the

business that you always want to do, not

be stuck in the limbo and have a hard

time getting essentially capital for

your business. Right? So, if you're

interested in this, if you're interested

in removing any type of specific issues

with the CRA that you have as a business

owner all across Canada.

>> That's crazy that a lot of businesses

close mostly because of tax debt. Tax

debt.

Like, don't you want businesses to open

in your country? If you were running a

country, don't you want more

productivity, more businesses open, more

employees at these businesses? Why are

you burdening all these companies and

these small businesses with all of these

taxes and regulations? It's maddening.

>> Can I read you these two emails I got

today? My name is blank and I'm planning

a destination bachelorette weekend in

Colona, BC from blank to blank with a

group of six women who are celebrating

when

>> Canada is now.

>> Can I read you these two emails I got

today? My name is blank and I'm planning