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The top four obstacles for businesses in rural and small town areas over the next three months, compared with businesses in functional urban areas

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Inflation Rising cost of inputs Cost of insurance Interest rates and debt costs 0 10 20 30 40 50 % Rural and small town areaRural and small town area Functional urban areaFunctional urban area
Note(s):
Figures for businesses in functional urban areas are provided for comparison only. These businesses do not have the same top obstacles as those in rural and small town areas. The top obstacles for urban businesses included inflation (45.0%), the rising cost of inputs (37.1%), interest rates and debt costs (28.0%), the rising costs in real estate leasing or property taxes (28.0%) and the recruitment of skilled employees (28.0%).
Source(s):
Canadian Survey on Business Conditions (5318), fourth quarter of 2024.

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The top four obstacles for businesses in rural and small town areas over the next three months, compared with businesses in functional urban areas, %
  Rural and small town area Functional urban area
Inflation 44.3 45.0
Rising cost of inputs 39.8 37.1
Cost of insurance 36.4 25.1
Interest rates and debt costs 30.9 28.0
Note(s):
Figures for businesses in functional urban areas are provided for comparison only. These businesses do not have the same top obstacles as those in rural and small town areas. The top obstacles for urban businesses included inflation (45.0%), the rising cost of inputs (37.1%), interest rates and debt costs (28.0%), the rising costs in real estate leasing or property taxes (28.0%) and the recruitment of skilled employees (28.0%).
Source(s):
Canadian Survey on Business Conditions (5318), fourth quarter of 2024.
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