Home / Investment / How to Make Your Business Inflation-Proof + MORE Oct 17th

How to Make Your Business Inflation-Proof + MORE Oct 17th

How to go about securing the best return for your investment in Canada.
Latest News

Lisa Hannam on measuring time and money, and more + MORE Nov 1st

Money isn’t just about paycheques, belongings, savings, real estate and investing—it’s all these things and more. With the goal to keep MoneySense.ca an accessible resource to Canadians at all levels of financial literacy, editor-in-chief Lisa Hannam has grown the editorial team, publishing mo.... More »

7 First Nations sign nuclear reactor ownership deal with Ottawa, Ontario - CBC Jun 23rd

7 First Nations sign nuclear reactor ownership deal with Ottawa, Ontario  CBCOttawa, Ontario to announce joint Indigenous loan guarantee for new Darlington nuclear reactors  The Globe and MailSeveral First Nations sign deal with Ottawa, Ontario to own part of a nuclear reactor&nb.... More »
wealth

The return of The Wealthy Barber Nov 11th

The original version of The Wealthy Barber was released in 1989, and has since become one of the best-selling books of all-time in Canada with over 2 million copies sold. Its cultural impact rivals that of Canadian literary classics like Margaret Atwood’s The Handmaid’s Tale and L.M. Montgomeryâ.... More »

The best 5-year fixed mortgage rates in Canada May 22nd

Mortgage rate comparison tool Customize the filters to compare rate types and terms. powered by Why trust us MoneySense is an award-winning magazine, helping Canadians navigate money matters since 1999. Our editorial team of trained journalists works closely with leading personal finance .... More »

The best GIC rates in Canada for 2024 + MORE Dec 30th

GIC comparison tool Find the best and most up-to-date GIC rates in Canada using the comparison tool below. Plus, use the filters to assess your estimated rate of return based on the size of your balance. Why trust us MoneySense is an award-winning magazine, helping Canadians navigat.... More »
Stock market news live updates: Stocks rally ahead of big Q3 earnings week  Yahoo Canada FinanceU.S. stock futures signal S&P 500 will bounce from rout  BNN BloombergUS futures higher but key technicals are being questioned  ForexLiveStocks Kick Off the Week With Rally After Selloff: Markets Wrap  Yahoo Canada FinanceU.S. stocks kick off the week with rally after selloff  BNN BloombergView Full coverage on Google News

Continue Reading On Articles »

How to Make Your Business Inflation-ProofPivoting through the economic challenges brought on by the pandemic, businesses have shown a great deal of creativity and resilience over the last two years. As Canada’s road to recovery continues, entrepreneurs and larger businesses alike must now confront the latest challenge—inflation.

In the same way many Canadians are seeing price hikes at the grocery checkout and gas pumps, businesses are experiencing a spike in manufacturing costs, labour shortages and global supply chain issues. In August, Canada’s inflation rate dipped slightly to seven per cent, down from 7.6 per cent in July. BMO’s Chief Economist, Doug Porter, says we’re facing one of the steepest rises in interest rates in a single year since the mid-1990s. For businesses that were already navigating labour shortages and supply chain issues, global inflation now poses a threat to their cash flow management and investment returns.

In honour of small business month this October, here are three key practices to help businesses get ahead and stay ahead during tough economic times…

Continue Reading On canadianbusiness.com »

Getting a return on your investment within Canada can be tricky – let us help! Visit our Investment page for the latest advice and articles.

Share

PinIt
Compare insurance quotes through Kanetix.ca - save time and money!