Alberta’s retail sales bounce back: StatsCan

The province saw annual growth of 7.5 per cent in 2017 following sales declines in 2015 and 2016

Alberta’s retail sales bounce back: StatsCanAlberta retail sales in December hit $6.74 billion, down 0.5 per cent from November but still 4.7 per cent higher than December 2017, according to Statistics Canada data released on Thursday. For 2017, Alberta saw annual growth of 7.5 per cent following sales declines in 2015 and 2016. Following three consecutive monthly increases, retail sales…

Massive digital transformation awaits Canadian business

New MNP report says in terms of ‘technological readiness and digital competitiveness, Canada is languishing behind’

Massive digital transformation awaits Canadian businessCanadian businesses face a massive wave of digital transformation, according to a new report released on Wednesday by MNP. The report, Capturing the Change Wave: How Canadian Businesses are Transforming, says: eight in 10 businesses have at least one technology advancement underway; three-quarters have used a technology support provider to help manage their transformation; nearly…

Sales in Alberta food, drinking places show healthy appetite

Alberta posted the largest monthly gain in the country in December, according to StatsCan

Sales in Alberta food, drinking places show healthy appetiteAlberta experienced a healthy gain in sales at the food and drinking places industry in December. Statistics Canada reported on Wednesday that sales in the province reached $789.1 million in December, up 2.9 per cent from November. Sales also increased 5.2 per cent year-over-year. Alberta posted the largest monthly gain in the country, after decreases…

New housing investment soars in Alberta

Investment in new housing construction in the province reached $664.6 million in December, up almost 16%: StatsCan

New housing investment soars in AlbertaAlberta homebuilders were busy in December. Statistics Canada reported on Wednesday that investment in new housing construction in the province reached $664.6 million in December, up 15.7 per cent from a year ago. “Alberta recorded the second largest provincial gain in new housing construction investment (plus $90.3 million). Increases were posted for all building types, but…