"When we receive gift cards, we have to go to the store ... and pay retail prices," notes the CEO of the Greater Vancouver Food Bank.
This year is turning into a very challenging year for the Canadian food industry. Recent Statistics Canada numbers indicate that grocers are in trouble. Food inflation is above two per cent for the first time since April 2016. This is typically good news for grocers, increasing their margins. But given major headwinds affecting the industry, grocers need to get even more creative to reassure investors.
Science, not emotion, is behind a decision to try to stop the City of Victoria from banning single-use, plastic shopping bags, according to the Canadian Plastics Industry Association...
The Canadian economy expanded at an annual pace of 1.7 per cent in the final months of 2017 as the more rapid growth seen earlier in the year faded further away, Statistics Canada reported Friday.