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Budgets/Spending/Market Size

  • OCSA invites retailers to participate in tobacco survey

    The Ontario Convenience Stores Association is conducting a survey to gather information to share with the Ontario Government in an effort to find solutions to illegal cigarettes, while understanding the importance of the tobacco business for convenience stores.
  • Ontario brewery employment triples in last decade amid craft beer growth

    The Trillium Network for Advanced Manufacturing says the number of workers Ontario breweries employ has tripled in the last decade.
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  • Statistics Canada says retail sales plunged 26.4% in April

    Retail sales fell by more than a quarter in April due to the COVID-19 pandemic, but Statistics Canada said Friday that they regained some of the lost ground in May.
  • Oil and gas spending estimates adjusted lower as uncertainties persist

    New forecasts show dramatically lower expectations for 2020 capital spending in the oil and gas sector both nationally and in Alberta, the province that produces 65% of the country's natural gas and 82% of its oil.
  • COVID-19 causes industry-wide labour disruption

    These are challenging times and to a large extent, previous models and economic expectations will have to be revised as our society muscles through this public health crisis.
  • Research team to study impact of COVID-19 on retail food industry

    The University of Western Ontario’s Human Environments Analysis Lab (HEAL) has launched a study of employees and owners/managers in the grocery and foodservice sectors to determine COVID-19’s impact on their industry.
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  • Minimum wage goes up in B.C. as businesses face COVID-19 challenges

    British Columbia's lowest paid workers got a pay increase Monday with a scheduled minimum wage hike at a crucial time for small businesses as they look for ways to continue operating during the COVID-19 pandemic.
  • Canadian retail sales fell 10% in March, April expected to be worse

    Statistics Canada says retail sales in Canada posted their biggest monthly decline on record in March and warned that the drop for April will eclipse that loss.The agency says retail sales fell 10.0% to $47.1 billion in March as non-essential businesses began to shut their doors mid-month due to the pandemic.The drop was in line with economists' expectations of 10 per cent, according to financial markets data firm Refinitiv.Statistics Canada also says a preliminary estimate for April indicates a 15.6% drop for the first full month of the pandemic.The March decline came as sales plunged at motor vehicle and parts dealers, clothing and clothing accessories stores and gasoline stations, while sales at grocery stores soared.Excluding motor vehicle and parts dealers, retail sales were down 0.4% for the month.
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