According to a report from Statistics Canada, rising food costs are causing consumers to shift their shopping preferences from food and beverage stores to more affordable general merchandisers, such as large department or discount stores including warehouse clubs and supercentres. This trend is a result of changing consumer behavior driven by food inflation, which has …
In the realm of holiday films, you can expect charming small towns, enchanting snowflakes, and the sweet story of star-crossed lovers. However, this year’s lineup of beloved holiday movies may be disappointingly shorter due to the global shutdown of productions caused by ongoing strikes led by Hollywood writers and actors. Glitch SPFX, a specialized special …
Over the next few weeks, a multitude of Zellers pop-ups are set to emerge within Hudson’s Bay stores in five provinces by August 11th. HBC has announced that these 21 new pop-ups will be smaller than their previous retail locations and will serve as test spots for potential permanent Zellers stores. “Pop-ups play a vital …
According to a recent Leger poll, Canadians are altering their summer travel plans due to the increasing costs of flights and hotels. The poll revealed that one third of Canadians have either changed or cancelled their vacation plans because of these rising costs. Of those individuals, 43% are opting for more affordable accommodation, 41% are …
By Staff The Canadian Press Posted July 19, 2023 11:45 am Decrease article font size Increase article font size Industry watchers are optimistic about the continued decline in phone and internet prices in Canada, but acknowledge that there is still a long way to go in terms of telecom affordability in the country. Statistics Canada’s …
The latest report from Statistics Canada reveals that while overall inflation has eased, food prices are continuing to rise, causing frustration for Canadian consumers. The Consumer Price Index for June showed an annual inflation rate of 2.8%, with food prices increasing by 9.1% year-over-year. Sylvain Charlebois, director of the Agri-Food Analytics Lab at Dalhousie University, …
Nike has made the decision to permanently terminate its sponsorship of Hockey Canada due to the ongoing controversy surrounding sexual assault allegations and the organization’s handling of the situation. A spokesperson for Nike confirmed the news, stating that the company had dropped its ties with the sports body. This move comes after Nike had already …
On Sunday, the Turkish ship TQ Samsun departed from the port of Odesa in Ukraine, transporting 23,500 metric tons of corn and 15,300 metric tons of rapeseed to the Netherlands as part of the Black Sea grain deal. While Canada and the U.S. are not major receivers of grain shipments from the Black Sea, experts …
Canadian beef and pork farmers are expressing frustration over an ongoing dispute with Britain regarding meat exports. They are now urging members of Parliament to vote against the U.K.’s membership in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a major trade group in the Asia-Pacific region. In an interview, Canadian Cattle Association president …
As the summer heat settles in Canada, cottages are becoming more affordable, but rising inflation and interest rates are putting a damper on the plans of first-time buyers, according to real estate experts. With the Bank of Canada recently raising its key interest rate and the possibility of future hikes, it’s worth considering whether now …