75% of Canadian businesses hit by rising costs, primarily energy, due to extreme weather and geopolitics, report says.

A Business Development Bank of Canada report reveals that 75% of businesses are impacted by rising costs, particularly in energy, driven by extreme weather and geopolitical issues. The report advises companies to streamline processes before investing in new technologies. It also emphasizes adapting to the environmentally conscious "Zoomer" generation and addressing labor shortages, highlighting the need for businesses to leverage technological advancements to navigate these challenges.

October 21, 2024
8 Articles