This past weekend not only marked Canada Day, the end of the school year and beginning of summer holidays but, for those in the business world, it also saw the start of Q3.
Yes, we are halfway through 2022 and July 1is like a yellow sticky note reminding us to check on our progress to budget since we have only half the year to get back on track or, better yet, surpass the goals we set late last year.
As we address any mid-course corrections that may be required, there are a lot of big picture things to consider.
First there’s inflation and rising interest rates designed to dampen price increases. Then there’s the war in Eastern Europe which is showing no signs of letting up. This is one that can actually be something of a booster for Saskatchewan as global markets look to us as a replacement for Ukrainian or Russian goods, such as grain or potash.
And there are signs that supply chains are getting fixed as some shipping prices are beginning to soften.