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'Mercedes and Range Rovers:' Loblaw's discount chains attract higher-income shoppers
More wealthy shoppers are prowling the aisles at discount grocery stores in search of deals amid soaring food inflation, Loblaw Companies Ltd. said Wednesday.
Nov 16, 2022 11:46 AM
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RBI names former Domino's Pizza CEO Patrick Doyle as executive chair
TORONTO — A former Domino's Pizza CEO is now the executive chair of Tim Hortons' parent company as the fast-food giant focuses on boosting sales and its stock amid economic headwinds. Restaurant Brands International Inc.
Nov 16, 2022 10:30 AM
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Vietnamese electric vehicle maker VinFast launches first showroom in Canada
TORONTO — Vietnamese electric vehicle maker VinFast says it has opened its first Canadian showroom as it prepares for a wider expansion into the market.
Nov 16, 2022 9:43 AM
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NFI Group reports US$42.6M Q3 loss, revenue up from year ago
WINNIPEG — NFI Group Inc. reported a loss of US$42.6 million in its latest quarter compared with a loss of US$15.4 million in the same quarter last year as its revenue edged higher.
Nov 16, 2022 8:44 AM
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US retail sales rose 1.3% last month, a sign of resilience
WASHINGTON (AP) — Americans stepped up their spending at retailers, restaurants, and auto dealers last month, a sign of consumer resilience as the holiday shopping season begins amid painfully high inflation and rising interest rates .
Nov 16, 2022 8:28 AM
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Here's a list of October inflation rates for selected Canadian cities
OTTAWA — Canada's national annual inflation rate was 6.9 per cent in October, Statistics Canada says.
Nov 16, 2022 7:29 AM
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Here's a list October inflation rates for Canadian provinces
OTTAWA — Canada's national annual inflation rate was 6.9 per cent in October, Statistics Canada says. Here's what happened in the provinces (previous month in brackets): — Newfoundland and Labrador: 6.5 per cent (6.1) — Prince Edward Island: 8.
Nov 16, 2022 7:29 AM
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CMHC says annual pace of housing starts slowed in October
OTTAWA — Canada Mortgage and Housing Corp. says the annual pace of housing starts slowed in October from its high for the year reached in September.
Nov 16, 2022 7:15 AM
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Toronto-based Waabi launches AI-powered self-driving system for trucking
Toronto-based Waabi says it is launching its self-driving system in the real world as it looks to push trucking towards a more autonomous future.
Nov 16, 2022 7:04 AM
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UK inflation accelerates to 41-year high of 11.1%
LONDON (AP) — Britain’s inflation rate rose to a 41-year high in October, fueling demands for the government to do more to ease the nation’s cost-of-living crisis when it releases new tax and spending plans Thursday. Consumer prices jumped 11.
Nov 16, 2022 4:33 AM
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