So the inevitable has happened.
Strained gun businesses have reached the breaking point. Excessive regulations, bans destroying product lines and rampant inflation ruining the import power of the Canadian dollar are all to blame. And, of course, these things can be attributed squarely and directly on failed economic and safety policy by ideological idiots.
2 firearm related businesses folded in Alberta in the last 14 days. One is a small hobby sized business selling accessories and the other is a medium sized one with employees and a storefront.
I always pay attention to what other businesses are doing. This weeks survivors (including myself) are struggling. They are offering sale after sale to keep cash flowing taking often an unsustainable 2 to 5 percent profit. Even with sales, no one is buying. People are starved for cash as their food and mortgage bills have exploded; they can't buy guns.
The industry is in dire shape. These last 2 weeks combined with the other gun business failures over the last year show, very clearly, that the collapse has begun.
