Many Canadian companies are taking proactive steps to brace for a recession including exploring insurance solutions such as trade credit insurance to protect them from non-payment. A recent article from Canadian Underwriter outlines why now is a good time for brokers to check in with clients to support them as they investigate solutions to provide business resilience as many are worried about inventory buildup, payment for goods delivered and delayed payments due to tariffs. Read: What a recession could mean for Canada’s commercial brokers.
