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Canadian economy steady in April as real GDP remains unchanged – Business News

Economy holds steady The Canadian Press – Jun 30, 2023 / 6:27 am | Stories: 434570 Photo: The Canadian Press Statistics Canada says the Canadian economy remained essentially unchanged in April, following a slight uptick in March. The federal agency’s advance estimate suggests real gross domestic product grew 0.4 per cent in May, led by […]

Dollarama 21 per cent sees an increase in sales year-over-year

MONTREAL – Dollarama Inc. enjoyed a 21 per cent year-over-year jump in sales in its latest quarter as the discount retailer scooped up consumers seeking cheaper products amid high inflation. In the quarter ended April 30, the company said strong demand was held up across the board, from consumables to seasonal items and general merchandise, […]

Calgary apartment tower sale bet on tight Canadian housing market

Breadcrumb Trail Links Real Estate News Seeking to sell a 462-unit rental building Author of the article: Bloomberg News Ari Altstedter Published May 05, 2023 • Last updated 4 days ago • 2 minute read Calgary experienced record migration last year, helping push the rental vacancy rate down to 2.7 per cent, the lowest since […]

BC small businesses chafe at ‘unsustainable’ minimum wage hike – Business News

Photo: BC Gov’t A 6.9 per cent minimum wage hike mandated by the BC government is “unsustainable” for some businesses, when stacked on all other costs downloaded onto businesses, I am a number of business groups. As of June 1, the BC government is raising the minimum wage from $15.65 to $16.75 per hour, the […]

Electricity bills may continue to shock you even as overall inflation eases. Here’s why.

While price hikes for gas, furniture, electronics and clothes are slowing down after a long stretch of sharp gains, one costly item isn’t expected to get cheaper anytime soon: electricity. Economists say consumers should expect their electric bills to continue rising at a fast pace as liquefied natural gas, a key fuel for generating electricity, […]

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