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…

Canadian energy production on the decline

StatsCan said crude oil delivered by pipelines to Canadian refineries was up 9.1% to 8.6 million cubic metres

Canadian energy production on the declineEnergy production in Canada declined in several sectors in August compared with the same month in 2018, according to Statistics Canada. The federal agency reported on Monday that production of crude oil and equivalent products (-2.4 per cent), natural gas (-4.8 per cent) and coal (-5.2 per cent), as well as electricity generation (-3.6 per…

Millennials lack basic home buying knowledge: survey

Average first-time buyer will take more time browsing Netflix than choosing a real estate agent

Millennials lack basic home buying knowledge: surveyA new study finds that millennials lack understanding of the total cost of buying a home and the majority hire the first real estate agent they meet. The study, by Nobul, a digital marketplace that matches homebuyers and sellers with real estate agents, found that 67 per cent of prospective millennial home buyers agree finding…

Suncor quarterly net earnings top $1 billion

Total oil sands production during the third quarter increased to 670,000 barrels per day

Suncor quarterly net earnings top $1 billionCalgary-based energy giant Suncor is reporting net earnings of $1.035 billion ($0.67 per common share) in the third quarter of this year. That’s down from $1.812 billion ($1.12 per common share) in the corresponding quarter in the prior year. Funds from operations were $2.675 billion ($1.72 per common share) in the third quarter compared to…

Alberta lashes out at feds over Encana move

Move still requires shareholder, stock exchange and court approval but it is expected to take place in early 2020

Alberta lashes out at feds over Encana moveAlberta's Energy Minister lashed out at the federal Liberal government Thursday, blaming its policies for the decision by energy giant Encana Corporation to move its corporate headquarters to the United States and change its name to Ovintiv Inc.  The Calgary-based company said the move still requires shareholder, stock exchange and court approval but it is…

Report shows 19 pipeline incidents in 2018

Nation’s network of transmission pipelines grew to about 121,000 km last year, delivering more than 1.6 billion barrels of crude oil and 5.9 trillion cubic feet of natural gas

Report shows 19 pipeline incidents in 2018A report released on Wednesday by the Canadian Energy Pipeline Association says Canada’s vast network of transmission pipelines grew to approximately 121,000 km in 2018, delivering more than 1.6 billion barrels of crude oil and 5.9 trillion cubic feet of natural gas. And it says there were 19 incidents last year. “Canadians rely on pipelines…

Husky Energy lays off undisclosed amount of staff

Husky Energy lays off undisclosed amount of staffCalgary-based corporate giant Husky Energy confirmed Tuesday it has laid off an undisclosed number of people. "Today we did have to say goodbye to some of our colleagues. Husky has been taking steps to better align the organization and workforce with our capital plan and strategy," said the company in a statement. "These changes put…
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