“Businesses in customer facing sectors that have made it to today, so close to reopening and herd immunity, face two grim realities: lower revenues for up to two years and an inability to take on more debt. We are very worried about a wave of business closures through 2022 as they face a tipping point of continued revenue loss and maximum indebtedness. The situation is untenable with the current one-size-fits-all approach to government support programs,” said Perrin Beatty, President and CEO, Canadian Chamber of Commerce.