Protecting your receivables during the pandemic
By Canadian Underwriter
On March 11th, 2020, the World Health Organization declared COVID-19 to be a global pandemic. Businesses were forced to shut down and where possible employees were told to work from home. The unemployment rate hit 13.7% in May. In short Canada was in a recession. With people having no money the topic in this course is how are we to protect receivables in this environment?