Businesses typically try to pay suppliers first to maintain operations so it is “disturbing to see consecutive quarterly increases in delinquencies on the supplier side as well,” he said.
The report says this is occurring mainly in trades located in British Columbia and Alberta, suggesting that businesses in these regions are particularly challenged.For the past two years, business starts have increased in the first three months of the year as the economy recovered from the pandemic, but this year there was a “noticeable dip” at the start of 2023. At the end of February, startups were down year over year by 16.5 per cent in Ontario, 14.2 per cent in British Columbia, 11.
. Credit card balances rose by 14.5 per cent year over year and missed payments were up almost 19 per cent.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:
Portugal Últimas Notícias, Portugal Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Posthaste: 'Using a credit card to keep the lights on': New report shows 'alarming' shift in business borrowingCredit card use is up 15% as financial stress forces more Canadian businesses to lean on revolving credit, says Equifax. Read more
Fonte: nationalpost - 🏆 10. / 80 Consulte Mais informação »
Posthaste: 'Using a credit card to keep the lights on' — New report shows 'alarming' shift in business borrowingCredit card use is up 15% as financial stress forces more Canadian businesses to lean on revolving credit, says Equifax. Read more
Fonte: financialpost - 🏆 7. / 85 Consulte Mais informação »
Posthaste: 'Using a credit card to keep the lights on' — New report shows 'alarming' shift in business borrowingCredit card use is up 15% as financial stress forces more Canadian businesses to lean on revolving credit, says Equifax. Read more
Fonte: fpinvesting - 🏆 43. / 63 Consulte Mais informação »
Posthaste: Canada's housing market rebound has defied expectations, but don't expect it to lastBank of Canada interest rate hikes will once again put a damper on housing market demand, say economists
Fonte: financialpost - 🏆 7. / 85 Consulte Mais informação »
Posthaste: Canada's housing market rebound has defied expectations, but don't expect it to lastBank of Canada interest rate hikes will once again put a damper on housing market demand, say economists
Fonte: nationalpost - 🏆 10. / 80 Consulte Mais informação »