And fewer consumers plan to shop on Black Friday and Boxing Day this year, according to Accenture survey
Environmentally friendly products will account for about one-third of Canadians’ spending this holiday season, according to the eighth annual Holiday Shopping Survey from Accenture. But they will be spending a little less money this year on average. “With increased awareness about the climate crisis, it’s no surprise that responsible retail matters now more than ever,…
Business confidence has been in a prolonged slump that shows no signs of clearing, survey suggests
Business sentiment in Canada remains in its long slump, according to a report by the Conference Board of Canada. The results of board’s latest survey of business leaders show that businesses remain deeply pessimistic about the economy. The Index of Business Confidence fell by 1.5 points to 86.0 in the third quarter of 2019. The…
The scorecard is part of a Canada-wide database on energy efficiency policy, compiled by Efficiency Canada
British Columbia nabbed first place in Canada's first-ever Provincial Energy Efficiency Scorecard, released Tuesday. Alberta ranked sixth and Saskatchewan was ninth. The scorecard is part of a Canada-wide database on energy efficiency policy, compiled by the Carleton University-based energy efficiency advocacy organization Efficiency Canada. "Imagine thinking of all that energy waste from our homes, businesses…
Industry blames ‘punitive’ federal policies and regulations for its struggles
Following the federal election in October, the sentiment toward Canadian oil and gas is nearing all-time lows, says a report by the Canadian Association of Oilwell Drilling Contractors. The association says that since 2017 the industry has lost an estimated $30 billion in foreign capital, and companies continue layoffs and relocation efforts. It says its…
CFIB urges government to make policy changes that support entrepreneurs
More than nine in 10 Canadians say that small businesses are vital to their communities, according to a public opinion poll released on Wednesday by the Canadian Federation of Independent Business (CFIB). “Canadians value entrepreneurs and the contributions they make to their communities. One in two are even considering starting a business one day,” said…
Move still requires shareholder, stock exchange and court approval but it is expected to take place in early 2020
Energy giant Encana Corporation announced Thursday it intends to move its corporate headquarters to the United States and change its name to Ovintiv Inc. The Calgary-based company said the move still requires shareholder, stock exchange and court approval but it is expected to take place in early 2020. "We are excited about our strategic transformation.…
About 578,000 Canadians reported trying cannabis for the first time in the past three months: StatsCan
By Troy Media A report released on Wednesday by Statistics Canada says cannabis use is less common among seniors than it is in other age groups but consumption has been accelerating at a much faster pace than it has among other age groups. The report said seniors use is seven per cent compared with 10…
Nearly 84% of Internet users bought goods or services online in 2018, spending $57.4 billion, up from $18.9 billion in 2012: StatsCan
By Troy Media More Canadians are using the Internet, with people in Alberta and British Columbia leading the way. A report released on Tuesday by Statistics Canada said the share of Canadians aged 15 and older who used the Internet was 91 per cent in 2018, with more seniors reporting Internet use (71 per cent).…
In the first quarter of 2019, nearly two-thirds of residential mortgages in arrears over 90 days were uninsured: StatsCan
By Troy Media A report released on Monday by Statistics Canada says more than half of outstanding residential mortgages in Canada are uninsured. The total number of outstanding residential mortgages from non-bank lenders at the end of the first quarter of 2019 was 1.7 million, at a total value of $324.9 billion. The average value…
Workers whose main job is in health care and social assistance have the highest incidence of multiple jobholding: StatsCan
By Troy Media Over the last 20 years, the proportion of Canadian workers holding more than one job has been relatively stable. And women are more likely than men to be multiple jobholders, says a report released on Monday by Statistics Canada. “Workers whose main job is in health care and social assistance have the…
Environmentally friendly products will account for about one-third of Canadians’ spending this holiday season, according to the eighth annual Holiday Shopping Survey from Accenture. But they will be spending a little less money this year on average. “With increased awareness about the climate crisis, it’s no surprise that responsible retail matters now more than ever,…
