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Business & Economics

The pandemic bubble burst — but not for these Canadian companies

CityNews
Summary
Nutrition label

71% Informative

Canadian businesses saw the pandemic deepen their relationship with existing customers and court new ones who have stuck around even as the health crisis has dissipated.

They are now hoping their customers will hang on, so they don’t wind up like the wave of businesses whose brush with see-sawing demand pushed them to close during or in the wake of the crisis.

The pandemic beneficiaries unexpectedly saw sports gear, baking ware, crafting materials and even sweatsuits and pyjamas fly off the shelves.

Growing animosity between Canada and the U.S. pummels each countries’ economy and stands to make the cost of goods on both sides of the border more expensive, thus squeezing budgets for the discretionary goods pandemic beneficiaries sell.

Sidesaddle Bikes will soon be among the casualties.

Scores of other companies didn't make it out of the pandemic and even many of those that did are still struggling to pay off debt.

VR Score

69

Informative language

64

Neutral language

66

Article tone

informal

Language

English

Language complexity

47

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

Affiliate links

no affiliate links