94% of business leaders consider the housing crisis as the top economic risk in Canada, causing wage increases, inflation, and high interest rates, per KPMG Canada's survey.
94% of business leaders see the housing crisis as the biggest risk to Canada's economy, according to a KPMG Canada survey of 534 businesses. The survey also reveals that housing issues are forcing businesses to increase wages to attract and retain talent, and that this is further fueling inflation and high interest rates. The business leaders believe that addressing the housing crisis should be a priority in the upcoming federal budget.
March 27, 2024
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