Businesses across Canada that navigated the pandemic storm and thought they were in the clear soon faced another major challenge: widespread inflation. Rising prices have impacted the cost of everything from labour and materials to machinery and services across sectors. The latest Statistics Canada data puts the official inflation rate at 5.7 per cent year […]
Ontario’s Fall Economic Statement, released late last week, was clearly drafted with the province’s upcoming spring election in mind. With a focus on infrastructure and economic development, the statement is aimed at positioning the Progressive Conservatives as the party focused on economic growth, which is their traditional political wheelhouse. But it was also a decidedly […]
When former Ontario Premier Kathleen Wynne’s Liberal government tabled and eventually passed Bill 148, the Fair Workplaces, Better Jobs Act, 2017, employers were stunned by the scope of the employment standards changes contained in the legislation. The bill would not only increase the minimum wage by 30 per cent in just two years. The sweeping […]
The early days of any new business are the most exciting. That’s when entrepreneurial hope springs eternal, when innovation and ideation are most important and when unbounded growth seems just a few sales away. It’s a fun—if somewhat terrifying—time. Many business owners will develop detailed business plans as they launch a new company, often with […]
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