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…

Alberta, Saskatchewan lag in energy efficiency ratings

The scorecard is part of a Canada-wide database on energy efficiency policy, compiled by Efficiency Canada

Alberta, Saskatchewan lag in energy efficiency ratingsBritish Columbia nabbed first place in Canada's first-ever Provincial Energy Efficiency Scorecard, released Tuesday. Alberta ranked sixth and Saskatchewan was ninth.  The scorecard is part of a Canada-wide database on energy efficiency policy, compiled by the Carleton University-based energy efficiency advocacy organization Efficiency Canada. "Imagine thinking of all that energy waste from our homes, businesses…

Oil drilling industry pressures Ottawa

Industry blames ‘punitive’ federal policies and regulations for its struggles

Oil drilling industry pressures OttawaFollowing the federal election in October, the sentiment toward Canadian oil and gas is nearing all-time lows, says a report by the Canadian Association of Oilwell Drilling Contractors. The association says that since 2017 the industry has lost an estimated $30 billion in foreign capital, and companies continue layoffs and relocation efforts. It says its…

Small businesses vital to Canadian communities: poll

CFIB urges government to make policy changes that support entrepreneurs

Small businesses vital to Canadian communities: pollMore than nine in 10 Canadians say that small businesses are vital to their communities, according to a public opinion poll released on Wednesday by the Canadian Federation of Independent Business (CFIB).  “Canadians value entrepreneurs and the contributions they make to their communities. One in two are even considering starting a business one day,” said…

Cannabis use by Canadian seniors on the rise

About 578,000 Canadians reported trying cannabis for the first time in the past three months: StatsCan

Cannabis use by Canadian seniors on the riseBy Troy Media A report released on Wednesday by Statistics Canada says cannabis use is less common among seniors than it is in other age groups but consumption has been accelerating at a much faster pace than it has among other age groups. The report said seniors use is seven per cent compared with 10…

More Canadians use Internet, led by Alberta, B.C.

Nearly 84% of Internet users bought goods or services online in 2018, spending $57.4 billion, up from $18.9 billion in 2012: StatsCan

More Canadians use Internet, led by Alberta, B.C.By Troy Media More Canadians are using the Internet, with people in Alberta and British Columbia leading the way. A report released on Tuesday by Statistics Canada said the share of Canadians aged 15 and older who used the Internet was 91 per cent in 2018, with more seniors reporting Internet use (71 per cent).…

More than half of Canadian mortgages are uninsured

In the first quarter of 2019, nearly two-thirds of residential mortgages in arrears over 90 days were uninsured: StatsCan

More than half of Canadian mortgages are uninsuredBy Troy Media A report released on Monday by Statistics Canada says more than half of outstanding residential mortgages in Canada are uninsured. The total number of outstanding residential mortgages from non-bank lenders at the end of the first quarter of 2019 was 1.7 million, at a total value of $324.9 billion. The average value…

Canadian women more likely than men to hold multiple jobs

Workers whose main job is in health care and social assistance have the highest incidence of multiple jobholding: StatsCan

Canadian women more likely than men to hold multiple jobsBy Troy Media Over the last 20 years, the proportion of Canadian workers holding more than one job has been relatively stable. And women are more likely than men to be multiple jobholders, says a report released on Monday by Statistics Canada. “Workers whose main job is in health care and social assistance have the…

Liberal minority fuelling uncertainty in the energy sector

What will it mean for potential pipeline expansion? What about the economy?

Liberal minority fuelling uncertainty in the energy sectorThe election of a Liberal minority in Monday night’s federal election is fueling a number of questions now in the energy sector and for Canada’s economy. What will this mean for the oilpatch? What will it mean for potential pipeline expansion? What about the economy? “The biggest question mark with this election outcome is for…
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