March retail sales surge recorded with a modest 0.8% gain

Friday, May 23, 2025, 10:20 am more...

Statistics Canada reported that retail sales in March climbed by 0.8%, buoyed by robust vehicle and parts sales. The figures underscore a steady consumer spending environment amid market jitters, proving that even modest gains can spark optimism in an unpredictable economic climate.

financialpost.com / Retail sales increase puts another Bank of Canada rate cut back on the table

globalnews.ca / Canadian retailers saw a 0.8% boost in March led by vehicle and parts sales

citynews.ca / Statistics Canada reports retail sales up 0.8 per cent in March at $69.8 billion

permalink / 3 stories from sources in 5 hours ago #economy #finance #business +

Quebec judge sparks approval of Lion Electric deal for local investors

Thursday, May 22, 2025, 11:21 am more...

A Quebec Superior Court judge has approved the sale of electric vehicle manufacturer Lion Electric to a group of local investors. The decision electrifies the business community, raising both optimism and skeptical eyebrows over the accelerated deal amid a charged legal atmosphere.

thestar.com / Quebec judge approves sale of vehicle-maker Lion Electric to investor group

ledevoir.com / La vente de Lion Électrique peut aller de l’avant

permalink / 2 stories from sources in 28 hours ago #quebec #justice #business #autosector +

Canada Goose Thrives Despite Tariff Fears, Shares Climb Higher

Wednesday, May 21, 2025, 12:21 pm more...

Canada Goose reports that U.S. tariffs have barely ruffled its feathers, as its signature down coats remain unaffected. With share values soaring, investors find a frosty twist of irony in a market where tariff concerns fail to warm up to a crisis.

nationalpost.com / U.S. tariffs have had minimal impact on Canada Goose, company says

financialpost.com / Canada Goose shares soar as company sees 'minimal' impact from tariffs

permalink / 2 stories from sources in 2 days ago #finance #business #tariffs #canada +

Shopify powers up with new AI online store tools

Wednesday, May 21, 2025, 10:22 am more...

Shopify has unveiled a suite of AI-driven enhancements for creating and managing online stores and shopping assistants. These product updates, announced amid CEO Tobi Lütke’s emphasis on AI as a “fundamental expectation,” aim to boost merchant productivity and innovate the e-commerce experience.

globalnews.ca / Shopify to lean more on AI with tools to create online stores, shopping assistants

financialpost.com / Shopify doubles down on AI with tools to create stores, shopping assistants

citynews.ca / Shopify doubles down on AI with tools to create online stores, shopping assistants

permalink / 3 stories from sources in 2 days ago #economy #globaltrade #business +

Google launches new search mode with enhanced AI features

Tuesday, May 20, 2025, 4:21 pm more...

Google has officially expanded its testing phase of “AI Mode” to all U.S. users after an initial roll-out in its Labs division. The new mode promises more detailed reports and dynamic graphics, marking another bold step in Google’s quest to redefine the search experience with artificial intelligence.

globalnews.ca / Google rolling out ‘A.I. Mode’ in next phase of company’s journey to change search

ledevoir.com / Google lance un nouveau mode de recherche en ligne avec de l’IA renforcée

permalink / 2 stories from sources in 2 days ago #business +

Calgary Business Warns Economic Damage from Alberta Separation Referendum

Friday, May 16, 2025, 1:21 pm more...

Leaders from Calgary’s business community have sharply criticized the proposed Alberta separation referendum. They warn that such a move would inflict lasting economic harm on both Alberta and Canada, undermining investor confidence and destabilizing regional markets, no matter the eventual outcome.

globalnews.ca / Stockwell Day supports Alberta vote on separation, doesn’t think referendum would get 50% support

globalnews.ca / Alberta separation referendum would be ‘bad for the country’: Calgary Chamber of Commerce

thestar.com / Separation referendum would be 'bad for the country': Calgary Chamber of Commerce

permalink / 3 stories from sources in 7 days ago #provincial #economy #business #albert +

Hudson’s Bay brand sale lands $30M deal with Canadian Tire

Thursday, May 15, 2025, 6:21 pm more...

In a nostalgic yet bold move, Hudson’s Bay has sold its iconic name and brands to Canadian Tire for $30 million. The deal marks the end of an era for the historic retailer and kick-starts a new chapter under a very different corporate banner.

theglobeandmail.com / Canadian Tire to buy Hudson’s Bay name, stripes, brands for $30-million

financialpost.com / Canadian Tire buying Hudson's Bay stripes and brand name for $30M: 'Meant to stay Canadian'

ledevoir.com / La Baie d’Hudson vend son nom et ses marques à Canadian Tire

cp24.com/ / Hudson’s Bay to sell name, stripes, brands to Canadian Tire for $30 million - CP24

citynews.ca / Hudson’s Bay to sell name, stripes, brands to Canadian Tire for $30 million

permalink / 6 stories from sources in 7 days ago #finance #trade #business #canada +

Record-breaking BC lottery jackpot spurs life change move

Thursday, May 15, 2025, 4:21 pm more...

Two stories report the same jaw-dropping lottery win in British Columbia—an $80-million jackpot that has not only upended lives but also inspired the winner to quit his job in favor of giving back. Clearly, lady luck has a humorous way of rewriting life plans.

theglobeandmail.com / B.C. man wins record $80-million lottery jackpot

theglobeandmail.com / B.C. winner of record $80-million lottery jackpot quits job, vows to give back to community

cbc.ca / B.C. winner of record $80M lottery jackpot quits job, vows to give back to community

globalnews.ca / Winner of Canada’s largest lottery was buying buns before spontaneous ticket purchase

thestar.com / B.C. winner of record $80M lottery jackpot quits job, vows to give back to community

permalink / 5 stories from sources in 7 days ago #business #bc #canada #vancouver +

National home sales show nearly 10% decline in April

Thursday, May 15, 2025, 11:21 am more...

New figures from the Canadian Real Estate Association reveal that home sales fell by almost 10% in April compared to last year, a drop attributed to lingering tariff uncertainties. The market slowdown underscores buyer hesitancy and injects a dose of economic skepticism into an already cautious outlook.

ledevoir.com / Les ventes résidentielles au Canada ont reculé de près de 10 % en avril

calgaryherald.com / A more balanced Calgary resale market sees prices decline in April

calgaryherald.com / Home sales dampen in areas near Calgary

nationalpost.com / Home sales down almost 10% annually last month

citynews.ca / Home sales down almost 10% annually last month: Canadian Real Estate Association

permalink / 5 stories from sources in 8 days ago #economy #finance #housing #business +

Poilievre criticizes no federal budget on investor confidence

Thursday, May 15, 2025, 11:21 am more...

Conservative leader Pierre Poilievre lambasted the government for its failure to present a federal budget, warning that this fiscal oversight sends a dismal signal to investors and rating agencies. His remarks cut through the political gloss, reflecting a broader market impatience for clear fiscal direction.

theglobeandmail.com / How Carney's Liberal government can function without a tabling a budget this year

globalnews.ca / Poilievre says lack of budget tabling sends ‘bad signal’

ledevoir.com / Poilievre veut un changement de cap sur le budget

theglobeandmail.com / Poilievre says the lack of a federal budget sends a ‘bad signal’ to investors

citynews.ca / Poilievre says the lack of a federal budget sends a ‘bad signal’ to investors

permalink / 5 stories from sources in 8 days ago #budget #business #poilievre #canada +