It’s been a rough start to the year for small business. It’s tough enough making a business work in good times, but when you’re getting hit by repeated uncontrollable external forces, things can start feeling pretty grim. First came the rail blockades, affecting one in four businesses, with an average cost of $60,000 for those hit hardest.
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Canadian supply chains scramble to avoid coronavirus shutdowns
March 11, 2020
North American manufacturers and retailers haven't yet experienced widespread disruptions from the coronavirus outbreak. But contingency plans are in effect for industries that use Chinese suppliers — which, these days, means a lot of different businesses.
Canadian international merchandise trade, January 2020
March 10, 2020
Canada's merchandise exports fell 2.0% in January, in part due to lower exports of motor vehicles, while imports were down 0.5% mostly on lower imports of pharmaceutical products. As a result, Canada's merchandise trade deficit with the world widened from $732 million in December 2019 to $1.5 billion in January.
Exports of motor vehicles decrease
Canadian supply chains scramble to avoid coronavirus shutdowns
March 9, 2020
North American manufacturers and retailers haven't yet experienced widespread disruptions from the coronavirus outbreak. But contingency plans are in effect for industries that use Chinese suppliers — which, these days, means a lot of different businesses.
Excise Duty Rates Increase as of April 1, 2020
March 9, 2020
As of April 1, 2020 the excise duty rates will increase on spirits, wine, beer, tobacco products and cannabis products based on changes to the Consumer Price Index.