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Canadian Businesses Struggle Amid Soaring Costs, Yet 89% Support Local

6/13/2025

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Summary

Story summary

Dan Kelly, president of the Canadian Federation of Independent Business, warns that Canadian businesses are grappling with soaring costs and sluggish consumer spending. While the trade war may spark a rise in local tourism, the shadow of COVID lingers, leaving many small businesses in significant debt. Yet, hope shines through, with 89% of Canadians rallying behind local enterprises.

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Story summary

Dan Kelly, president of the Canadian Federation of Independent Business, warns that Canadian businesses are grappling with soaring costs and sluggish consumer spending. While the trade war may spark a rise in local tourism, the shadow of COVID lingers, leaving many small businesses in significant debt. Yet, hope shines through, with 89% of Canadians rallying behind local enterprises.