The Globe and Mail: Half of businesses say their costs are rising, and many plan to pass them on to consumers: survey

Gig workers boon for businesses in labour shortage.

Employers across the country are increasing wages and projecting future salary bumps into their budgets amid inflationary pressure and a continuing talent shortage that shows little sign of easing in the near future.

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.