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Listen to this article Estimated 4 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Many American car buyers are gravitating to hybrid vehicles to offset the recent surge in gas …
Read More »As drinking dries up, Quebec’s liquor board faces criticism over efforts to boost sales
In Quebec, you can now pick up a bottle of gin with your bulk toilet paper at Costco or Maxi, get wine delivered to your door in minutes via Uber Eats and soon get targeted texts about the latest deals on booze. With the consumption of alcohol on a steady …
Read More »Canadians are drinking less, driving the biggest drop in alcohol sales in 20 years: StatsCan
The numbers are as sobering as a zero-proof margarita. Canadians are buying less alcohol, leading to the largest annual drop in beer, wine and spirits sales in the 20 years Statistics Canada has tracked the data, according to the agency’s latest report. Sales of alcoholic beverages fell 1.6 per cent …
Read More »Craft beer in Canada is losing its fizz, as sales dry up and more breweries go bust
After years of seemingly unlimited growth for the craft beer industry, the party is winding down. Beer sales are down across the board and the number of breweries in Canada has started to decline, a shift driven by a mix of cost pressures and changing consumer tastes and social habits. …
Read More »Vancouver area home sales hit lowest level in more than two decades in 2025
Greater Vancouver recorded its lowest annual home sales total in more than two decades in 2025, capping a year that saw weak buyer demand, rising inventory and easing prices, according to new data from Greater Vancouver Realtors. Residential sales in the region totalled 23,800 last year, down 10.4 per cent …
Read More »Pay high duties or lose U.S. shoppers? Some Canadian retailers forced to choose amid holiday sales
With no more duty-free shipping of small packages to the U.S., Canadian online retailers will have to make a tough gamble: pay pricey fees on low-value shipments to get a holiday sales boost from American customers, or lose those customers altogether? For nearly a century, international packages valued less than …
Read More »Taylor Swift’s The Life of a Showgirl makes album sales, music chart history in 1st week
Taylor Swift’s 12th studio album, The Life of a Showgirl, has officially sold four million equivalent album units — which includes album sales and streaming activity — in its first week in the U.S. That is the biggest first week in modern music history according to Luminate, the industry data …
Read More »Canadian home sales rose 6.6% in July compared to same time last year
The Canadian Real Estate Association (CREA) says home sales in July rose 6.6 per cent compared with a year ago, continuing an upward trend after the market had slowed in previous months. Home sales rose 3.8 per cent on a month-over-month basis from June, with transactions up a cumulative 11.2 …
Read More »Tesla’s profits fall again as Musk hopes robotaxis will offset declining sales
The fallout from Elon Musk’s plunge into politics a year ago is still hammering his Tesla business as both sales and profits dropped sharply again in the latest quarter. The car company that has faced boycotts for months said Wednesday that revenue dropped 12 per cent and profits slumped 16 per …
Read More »Home sales up in June, though fewer sales expected this year, says Canadian Real Estate Assoc.
For the second time this year, the Canadian Real Estate Association (CREA) has downgraded its forecast for home sales in 2025, even as it reported the number of homes changing hands across the country in June rose 3.5 per cent compared with a year ago. The association said Canadian home …
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