Canadians thinking green for holiday shopping

And fewer consumers plan to shop on Black Friday and Boxing Day this year, according to Accenture survey

Canadians thinking green for holiday shoppingEnvironmentally 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 sentiment still cool: Conference Board of Canada

Business confidence has been in a prolonged slump that shows no signs of clearing, survey suggests

Business sentiment still cool: Conference Board of CanadaBusiness 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…

Square eases card payment challenges for small business

Square eases card payment challenges for small businessKarisa Marra is a business expert at Square. She works with businesses of all sizes and types across Canada: from coffee shops to landscapers to restaurants. In her role, Karisa partners with business owners to help them overcome their challenges in running and growing their business. What is Square and what does it do? Marra:…

Canadians increasingly embrace Black Friday

Study clearly shows consumers continue to enjoy shopping in physical stores: Retail Council of Canada

Canadians increasingly embrace Black FridayIt may be tied to an American holiday but increasingly Canadian consumers are doing their shopping on Black Friday. According to the Retail Council of Canada's (RCC) second annual Holiday Shopping Survey, which was released on Tuesday, 43 per cent of Canadian consumers plan to open their wallets on Black Friday, Nov. 29, the day…

WestJet launches innovative advertising/marketing campaign

Calgary-based airline WestJet has turned marketing and social media into an art form in recent years with its advertising campaigns that sometimes go viral. On Monday, the company launched its latest campaign focusing on its commitment of treating people like people. "We want the travelling public to know that as we become a global network…

Unearthing the roots of gender inequality in the workplace

Tanya van Biesen of Catalyst talks about how gender diverse teams drive better business results and how we can bring about workplace equality

Unearthing the roots of gender inequality in the workplaceTanya van Biesen is executive director, Canada, of Catalyst. What is Catalyst Canada and what does it do? Tanya: Catalyst is the leading non-profit focused on building workplaces that work for women through inclusion. Since 2000, Catalyst has worked in Canada to address the unique experiences of Canadian working women, through research, education and engagement.…

Fashion retailer Forever 21 closing its Canadian stores

The chain has 44 stores in Alberta, British Columbia, Manitoba, Ontario, Quebec and Nova Scotia and employs approximately 2,000 people

Fashion retailer Forever 21 closing its Canadian storesFashion retailer Forever 21 says it plans to close its 44 stores in Canada. The company announced in a news release that Forever 21 Canada filed for and was granted protection under the Companies’ Creditors Arrangement Act by the Ontario Superior Court of Justice (Commercial List) in Toronto. PricewaterhouseCoopers Inc. was appointed as monitor in…

Job vacancies on the rise in Canada

Increased in six of the 10 largest industrial sectors

Job vacancies on the rise in CanadaBoth the number of unfilled jobs – job vacancies – and the job vacancy rate increased in the second quarter across Canada, according to Statistics Canada. The federal agency reported Friday that the number of job vacancies was up in four provinces and two territories, with Quebec accounting for nearly 70 per cent of the…

Immigrant earnings gap costs economy $50 billion

While Canada draws some of the best and brightest, our success in integrating those newcomers into the labour force falls short: RBC

Immigrant earnings gap costs economy $50 billionFailing to address the earnings gap among immigrants may be costing Canada $50 billion, or 2.5 per cent of gross domestic product, according to a new report by RBC Economics. The Untapped Potential report says the immigrant wage gap isn’t just a problem for immigrants.  “It has a broader economic impact, in terms of not…

Canadian oil and gas extraction industry suffers net loss in 2018

Total expenses were $137.4 billion (up 25.6 per cent), resulting in a net loss of $13.9 billion, says Statistics Canada

Canadian oil and gas extraction industry suffers net loss in 2018Total revenue for the Canadian oil and gas extraction industry rose 4.9 per cent to $123.5 billion in 2018, following a 35.5 per cent increase in 2017, but total expenses were $137.4 billion (up 25.6 per cent), resulting in a net loss of $13.9 billion, says Statistics Canada in a report released Wednesday. “Total operating…
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