Canada’s consumer price index has risen steadily over the past year, reaching 6.7% in March – it’s highest point in three decades. But most businesses are experiencing much higher cost increases.
There are many options your business can take to offset rising inflation, such as raising prices or altering your product offerings. In the recent article How businesses can mitigate inflation risk BDO experts discuss a variety of strategic initiatives your business can implement now to manage soaring costs.
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