Tight labour markets and resilient consumer demand contributed to upward pressure on the policy rate, increasing 100 basis points in the fourth quarter. Consequently, higher interest costs, along with elevated inflation, continued to concern Canadian enterprises in the quarter. Consult the Quarterly Survey of Financial Statistics: Visualization Tool for a comprehensive overview of the quarterly changes in the financial performance of enterprises. In the non-financial sector, net income before taxes (NIBT) increased $6.2 billion (+6.5%) from the third quarter to $101.8 billion in the fourth quarter. Overall, NIBT was ... (full story)