The Globe and Mail: Employers increasing salaries as talent shortage and inflation persist

Three experts say Ottawa is well positioned to come out of the pandemic and weather any economic downturns that are looming due to interest rate increases.

In the fall of 2021, Roman and Melanie Kremnev started their first business, a grocery store and takeout restaurant called Pasta Mercato in Hamilton’s west end.

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.