There was a lot of economic optimism and excitement when Canada became the first large, developed country in the world to legalize recreational cannabis for adult use in 2018. While this new industry and governments alike have accomplished an incredible amount in the two years since, it was anything but smooth sailing for cannabis businesses even before the COVID-19 pandemic added even more challenges. So as 2020 (finally) comes to a close, here are some New Years resolutions for the industry looking ahead to 2021.
With a major overshoot of inflation now confirmed, the Bank of Canada sees the economy running into a period of persistent excess demand. Even with today’s aggressive move, the Bank’s policy rate remains stimulative, and the broadening of price and wage pressures means medium-term inflation risks are rising.
Remember the days where important working files were saved on a floppy disc, not the cloud? Or bills were paid […]
In anticipation of the federal election, we launched our What It Takes to Grow: Priorities for Canada’s Next Parliament platform […]
