Financial Post: Bank of Canada raises rate 75 bps and signals more hikes to come
The Sudbury Star: Expect some pain in 2023, economist tells Sudbury chamber
With record high inflation and rising inflation rates, economist Stephen Tapp isn’t anticipating a painless solution to 2023’s likely recession.
Financial Post: Businesses expect slower sales in short term as cost, labour issues persist: survey
Businesses expect subdued sales in the short term as they face continued cost and labour pressures, despite slowing inflation, according to a survey by the Canadian Chamber of Commerce.
The Globe and Mail: Businesses are beginning to pay down sales-tax debt accumulated during pandemic, Canada Revenue Agency says