Financial Post: Bank of Canada raises rate 75 bps and signals more hikes to come
The Bank of Canada delivered another supersized hike on Wednesday, raising the policy interest rate by 75 basis points to 3.25 per cent, the highest since the global financial crisis.
Yahoo! Finance: Small businesses face triple threat of inflation, recession and looming pandemic loan deadline
The cost of doing business has gotten more expensive, with everything from wages, materials and debt repayment to overhead expenses now pricier than before the pandemic. At the same time, companies are still trying to recover from lost sales from COVID-19 restrictions.
The Globe and Mail: Businesses are beginning to pay down sales-tax debt accumulated during pandemic, Canada Revenue Agency says
Businesses are beginning to pay down the record sales-tax debt they have accumulated during the pandemic, new Canada Revenue Agency data show.