‘We’re Not Neiman Marcus’: Hudson’s Bay Says It Plans to Be Around for Another 350 Years Despite Recent Troubles
Property firms behind prominent shopping malls in North America have fought several high-profile...
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Month: January 2021
Bank of Canada Holds Rates Steady, Sees Brighter Outlook on Vaccine Approvals, More Fiscal Stimulus
The economy will go in reverse for the first quarter of 2021, the Bank of Canada said on January 20 as it kept its key interest rate on hold, warning the hardest-hit workers will be hammered again on a path to a recovery that...
Read MoreCanada’s Economy Will Hit a Major Roadblock in the First Quarter Before Gaining Momentum
Canada’s economy will hit a major roadblock during the first quarter of 2021 before gaining momentum in the next quarter, according to economists in a Reuters poll who said the country’s GDP would reach its pre-pandemic growth...
Read MoreCanada Retail Sales Blew Past Expectations, but Wait for It …Early Numbers for December Are Not Pretty
Canadian retail sales continued to beat estimates in November before tighter COVID-19 restrictions took hold. Receipts increased 1.3% in November from the previous month, Statistics Canada reported on January 22 in Ottawa, led...
Read MoreCanadian Housing Market News
Canadians Leaving Big Cities in Record Numbers: Statistics Canada Canada’s biggest cities are experiencing a record-breaking loss of people as urbanites move to smaller bedroom communities in search of affordable homes....
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