Canadians are still spending despite high inflation and interest rates
Sales at retail stores are on the rise after two months of declines, suggesting Canadians’ spending power remains resilient despite tightening economic conditions.
Compliance Risk Assessments are critically important in healthcare practices. When used correctly, they can save entities from fines, problems and consequences.
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While almost everyone is familiar with a HIPAA Risk Assessment, many practices have not completed a full Compliance Risk Assessment.
A Compliance Risk Assessment is a process for healthcare entities to determine what risks exist, evaluate potential risks and focus resources to address the most significant risks.
Compliance Risk
We often hear many reasons why people do not have an estate plan or why they are putting off creating their estate plan.
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Here are the top five reasons why people don’t have an estate plan (and why these reasons shouldn’t prevent you from doing your estate plan today):
MONTREAL –
Dollarama Inc. enjoyed a 21 per cent year-over-year jump in sales in its latest quarter as the discount retailer scooped up consumers seeking cheaper products amid high inflation.
In the quarter ended April 30, the company said strong demand was held up across the board, from consumables to seasonal items and general merchandise, resulting in a profit boost of 23 per cent from a year earlier.
For same-store sales, the number of transactions grew nearly 16 per cent while purchase sizes also nudged up.
“We had a good Easter,” said chief executive Neil Rossy. “But there’s a slight
Irving Oil says it has launched a strategic review that will consider, among other things, “a full or partial sale” of the company, one of the largest in New Brunswick.
“A strategic review of the company is underway, and a series of options are being evaluated related to the company’s future,” the Saint John-based company said in a statement.
“No decisions have been made about where this strategic review may lead. Considerations will be given to a new ownership structure, a full or partial sale, or a change in the portfolio of our assets and how we operate them.”
The
Canada’s inflation rate reversed its cooling trend last month and moved higher, to a 4.4 per cent annual rate.
Economists had been expecting new data released by Statistics Canada on Tuesday to show the cost of living had eased from March’s 4.3 per cent pace to something around 4.1.
Instead, it moved higher again, as the cost of things like gasoline, rent and mortgages increased during the month.
It’s the first acceleration in the cost of living since June of 2022, when Canada’s inflation rate hit a more than 40-year high of 8.1 per cent.
Food prices have been a
Photo: Glacier Media file photo.
The Catalyst paper mill in Powell River was indefinitely shut down not long after Paper Excellence purchased it.
Earlier this year, Paper Excellence capped off an unprecedented series of multibillion-dollar buyouts to become the largest forestry company in Canada.
Members of Parliament investigating the company’s business ties and corporate structure learned Friday that Industry Canada did not conduct a net benefit analysis to see if the company’s recent US$3-billion purchase of Domtar and US$2.7-billion buyout of Resolute Forest Products were in the economic interests of Canadians.
NDP natural resource critic Charlie Angus said he was
The Canadian Press – May 25, 2023 / 11:06 am | Stories: 428570
Photo: The Canadian Press
Air Canada planes sit on the tarmac at Pearson International Airport in Toronto on Wednesday, April 8, 2020. THE CANADIAN PRESS/Nathan Denette
Air Canada briefly grounded its planes Thursday due to a problem with its computer system.
The airline says a technical issue with the system it uses to transmit messages to aircraft and monitor their performance, prompted a halt to operations.
Airline spokesman Peter Fitzpatrick said the temporary order was precautionary, and that the system is returning to normal.
