Following the Liberal Party’s election win, a Mark Carney-led government could introduce ambitious economic strategies to contend with ongoing uncertainty. … READ MORE >
consumer products
Consumer businesses face tariffs: Weighing strategies to mitigate costs
U.S. businesses reliant on foreign imports have seen their average tariff rate increase from 2% at the beginning of the year to 24% as of April 11, according to Bloomberg. This has left many businesses, including those in the consumer products industry, considering what actions to take to mitigate the increased costs due to tariffs. … READ MORE >
Bank of Canada holds interest rate at 2.75% as uncertainty mounts
The Bank of Canada held its policy interest rate amid rising inflation expectations and trade policy uncertainty. The bank will need to consider growth over inflation concerns as recession risks rise. … READ MORE >
Canada’s CPI slows amid rising Buy Canadian movement, cooling global outlook
Canada’s latest consumer price index data shows the influence of the Buy Canadian movement and the effects of global economic uncertainty. … READ MORE >
Canada lost 33,000 jobs in March as more pain looms due to U.S. tariffs
Canada lost 33,000 jobs in March as U.S. tariffs came into effect. Expect more layoffs in the coming months as tariffs cause widespread economic pains. … READ MORE >
Canada spared from worst of new U.S. tariffs—but economic challenges remain
The absence of new tariffs is a small consolation prize for Canada as the U.S. imposed sweeping tariffs on most countries, but economic challenges remain. … READ MORE >
Buy Canadian movement offers opportunities amid heightened emotions
The Buy Canadian movement may be more than a reactionary fad amid U.S. tariffs. The increased awareness of domestic options could shift behaviours in the long run—but being aware of its limitations is critical. … READ MORE >
Calm before the storm: Canada’s CPI rises as tax break ends
Canada’s consumer price index for February saw a sizeable uptick—but the increase was just the calm before a broader economic storm. … READ MORE >
Bank of Canada cuts interest rate to 2.75% as tariffs cloud outlook
The Bank of Canada reduced its key interest rate to 2.75 per cent on Wednesday amid tariffs and ongoing trade tensions. Rising uncertainty clouds Canada’s economic outlook as U.S. tariffs threaten to raise prices while thwarting growth. If further trade measures are introduced next month, expect the Bank of Canada … … READ MORE >
AI revolution: Transforming retail with innovation and efficiencies
Retailers that foster a culture of experimentation and innovation, and harness the power of AI will lead in growth, productivity and market share in the coming years. … READ MORE >