FleishmanHillard HighRoad for RSM Canada, fhr.rsm@FHhighroad.com, 416.508.8430
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RSM Canada ("RSM"), a leading global provider of audit, tax and consulting services focused on middle market businesses, today launched its first 2022 edition of “The Real Economy, Canada” – a quarterly report that provides Canadian businesses with economic analysis and insights into factors driving growth, or economic headwinds, in Canada's middle market.
With supply chain and labour market constraints further complicating Canada’s uneven economic recovery, the first edition of this year’s ‘The Real Economy: Canada’ report examines to what extent inflation will hit the wallets of Canadians in 2022, and what looks like to be a strong year of economic growth as demand at home and aboard remain robust.
The report also shines a light on how Canada’s food supply chain has been impacted by – and can transition from – the COVID-19 pandemic, as well as what’s in store for priority industries such as energy, real estate, and telecommunications.
“Canada’s economy has had a bumpy ride over the past year, as the promise of mass vaccinations was followed by supply chain disruptions, a global energy crisis and rising inflation,” says Tu Nguyen, economist and ESG director with RSM Canada. “Looking ahead, we see a Canadian economy continuing to recover, even as businesses and consumers contend with challenges like the omicron variant of the coronavirus.”
Nguyen continues: “The resolution of supply chain disruptions will depend on many factors, including increasing energy production, mass vaccinations in global manufacturing hubs like Vietnam and India, resolving logistics, and addressing the shortages of important workers—like truck drivers—in the supply chain. Resolving these issues will be an important step in combating inflation both at home and abroad.”
For more information on RSM Canada’s ‘The Real Economy: Canada’, or to download the report, please visit their webpage.
About RSM Canada
RSM’s purpose is to deliver the power of being understood to our clients, colleagues and communities through world-class audit, tax and consulting services focused on middle market businesses. The clients we serve are the engine of global commerce and economic growth, and we are focused on developing leading professionals and services to meet their evolving needs in today’s ever-changing business environment.
RSM Canada LLP provides public accounting services and is the Canadian member firm of RSM International, a global network of independent audit, tax and consulting firms with 51,000 people across 123 countries. RSM Alberta LLP is a limited liability partnership and independent legal entity that provides public accounting services. RSM Canada Consulting LP provides consulting services and is an affiliate of RSM US LLP, a member firm of RSM International. For more information visit rsmcanada.com, like us on Facebook, follow us on Twitter and/or connect with us on LinkedIn.