I started up a small event company and registered it but it failed due to covid - how to I close it and can I claim any loss on personal tax return?

I spent a fair amount getting it started, marketing, etc. but it was just starting bookings and COVID hit - it has failed to get off the ground

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I started up a small event company and registered it but it failed due to covid - how to I close it and can I claim any loss on personal tax return?

The following links will guide you through what you need to understand and how to claim this business loss:

TurboTax - Understanding Business Investment Losses
TurboTax - Losses From Investing in a Failed Business
TurboTax - Tax Obligations After Closing Your Business

CRA - What happens when you incur an ABIL?
CRA - How to claim an allowable business investment loss
CRA - Closing CRA program accounts