Financial Post: Businesses expect slower sales in short term as cost, labour issues persist: survey
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A new report from the Canadian Chamber of Commerce shows that more than 60 per cent of urban centres across Canada are likely facing recession — or “city-cession” — but Ottawa is one of the few major municipalities bucking the trend.
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Canadian business insolvencies in the second quarter hit their highest level in a decade, suggesting high inflation and interest rates are starting to bite into bottom lines.
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