2 h. ago ‘Grim’ retail sales underbelly points to Bank of Canada restarting rate cuts, economists say

First-quarter retail sales 'flatlined,' a big drop from the 5.6 per cent annualized gain during the previous fourth quarter

Culture

3 h. ago Statistics Canada says retail sales fell 0.4 per cent to $69.3B in February

OTTAWA — Retail sales dropped 0.4 per cent to $69.3 billion in February as sales fell at new car dealers, Statistics Canada said Friday. However, the agency said its early estimate for March suggested an increase of 0.7 per cent for that month, though it cautioned the figure would be revised. TD Bank economist Maria […]

Economics

11 h. ago UK Retail Sales Were Soaring Before US Tariffs Rocked Confidence

Britain’s economy posted its strongest retail sales since 2021 in the first quarter, before consumer confidence was sent sliding by Donald Trump’s tariffs.

Economics

9 d. ago Sale of Canadian products outpacing total sales, says Metro CEO

U.S. vendors have been working with Metro Inc. to mitigate the effect of counter tariffs on the price of consumer goods

Other

2 w. ago US Consumer Sentiment Extends Plunge as Price Expectations Soar

US consumer sentiment tumbled the second-weakest reading on record while short- and long-term inflation expectations soared to multi-decade highs on growing tariff concerns.

Economics

2 w. ago Asia shares jump after US stocks soared to historic gains when Trump paused most of his tariffs

TOKYO (AP) — Asian shares surged in early Thursday trading, with Japan’s benchmark jumping more than 2,000 points almost immediately after the Tokyo exchange opened, as investors welcomed President Donald Trump ‘s decision to back off on most of his tariffs. Analysts had expected the regional comeback given that U.S. stocks had one of their […]

Economics

2 w. ago ‘Very concerning’: Lumber industry dismayed as U.S. tariffs soar on Canadian softwood lumber

U.S. is set to impose a 34% duty on Canadian softwood lumber this fall

Economics

2 w. ago Nexus Industrial REIT Announces the Sale of Legacy Retail and Office Buildings and Leasing Update

OAKVILLE, Ontario, April 08, 2025 (GLOBE NEWSWIRE) — Nexus Industrial REIT (“Nexus” or the “REIT”) (TSX: NXR.UN) is pleased to announce the sale of its 50% ownership interest in 15 retail buildings located in Quebec for $47 million and one office building also located in Quebec for $4 million, representing cap rates on in-place rents […]

Other

4 w. ago Hertz shares go through the roof as auto tariffs seen boosting fleet value

Investors bid the stock up because they see tariffs raising new car prices and boosting the value of used cars

Economics

4 w. ago Dubai Festivals and Retail Establishment to Host the Great Online Sale in TerraZero’s Intraverse

VANCOUVER, British Columbia and DUBAI, United Arab Emirates, March 27, 2025 (GLOBE NEWSWIRE) — BIGG Digital Assets Inc. (“BIGG” or the “Company”) (CSE: BIGG; OTCQX: BBKCF; WKN: A2PS9W), a leading innovator in the digital assets space and owner of TerraZero, Netcoins, and Blockchain Intelligence Group is pleased to announce TerraZero’s collaboration with Seed Group and […]

Culture