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LATEST HEADLINES AND CANADIAN NEWS |
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Retailers brace for more cross-border shopping pain |
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Canadians are spending far more on goods in the U.S. than federal data suggest, raising the stakes for domestic retailers trying to find ways to draw customers back into their stores. As much as 8 to 10 per cent of consumer spending on a raft of products is flowing to retailers outside the border, according to estimates in a report being released today by BMO Nesbitt Burns. That compares to Statistics Canada data that say 4 per cent of retail spending is shifting outside the country. What is more, the situation for domestic retailers is bound to get worse in the coming months: Cross border-shopping could hit a two-decade high as early as the summer, fuelled by a still-high Canadian dollar and new duty-free rules that raise the limits on what people can bring back home, BMO warns. Read More>>> |
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| Canadian Sister Cities |
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Montreal in the spotlight as nationwide mask ban looms |
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Discover Canada-United States relationships through official sister cities programs. Find out more by clicking here. |
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CCC.com Open |
A federal move to regulate mask-wearing at large gatherings could face a litmus test as early as this week, as events in Montreal help foreshadow whether such a plan will do more good or harm. A local bylaw under discussion might offer an early demonstration of whether such a ban actually cuts down on violent protest — or helps inflame it, while creating additional headaches for police and backlogs in the justice system. The bylaw will be studied by the city’s public-safety committee Wednesday and could be adopted by the end of the week. If that happens, the protest-charged city will become something of a laboratory for a coast-to-coast crime-fighting experiment. Read More>>> |
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Hockey Night in Canada’s days may be numbered |
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These are trying times for Hockey Night In Canada. No Canadian teams left in the playoffs, diminished advertising revenues as a result, and the prospect of negotiating a new national TV and digital rights contract in the next two years. The Canadian NHL teams should rebound. But, says Richard Stursberg, CBC’s former executive vice president for English Services, the chances of CBC keeping the most valuable TV brand in Canada are gloomy. |
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