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Whither Direct Physical Loss or Damage in Canada

April 19, 2021

The level of disruption unleashed by the COVID-19 pandemic on commerce worldwide has been, indisputably, unprecedented. Canada is no exception. The Canadian Federation of Independent Businesses recently estimated that more than “200,000 Canadian Business could close permanently during the COVID-19 crisis”, a figure which could grow in the event that restrictive shutdown orders continue to be issued by Canada’s provincial and municipal governments.

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