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Hélène Bégin
Principal Economist
Weekly Commentary
Inflation Is Eating into the Profitability of a Growing Number of Canadian Businesses
May 20, 2022
Summary of the publication
Households and businesses are feeling the pinch of rapidly rising prices. Costs have been going up for businesses since last year. Everything from transportation to inputs and wages is costing more, eroding profitability. Many businesses are passing on these higher costs to consumers, fuelling inflation in the wider economy
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