Financial Post: Cost inflation inescapable as $400-million Sagard private equity fund eyes targets

Ottawa lags behind most cities in Canada when it comes to public transit ridership and employees returning to their workplaces downtown during the pandemic, according to new data.

With record high inflation and rising inflation rates, economist Stephen Tapp isn’t anticipating a painless solution to 2023’s likely recession.

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.