Small business owners' poor mental health has gotten even worse, BDC says

Marsolais said BDC will launch a mental health program sometime in the fall, likely October, for the 65,000 Canadian entrepreneurs who have direct relationships with the bank.

“The cost increases have gone through the roof and so that puts many of them into a loss rather than a profit,” Kelly said.Article content The Bank of Canada raised interest rates in response, and inflation now is hovering around four per cent. But that improvement came after the central bank increased the benchmark rate by 4.25 percentage points in the span of a year, and policymakers say they have no intention of lowering rates anytime soon.

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Small business owners' poor mental health has gotten even worse, BDC saysAlmost half of small business owners are experiencing mental health challenges, BDC says, prompting it to launch a therapy program. Read on.
Source: financialpost - 🏆 7. / 85 Read more »

Small business owners' poor mental health has gotten even worse, BDC saysAlmost half of small business owners are experiencing mental health challenges, BDC says, prompting it to launch a therapy program. Read on.
Source: financialpost - 🏆 7. / 85 Read more »