Statistics Canada has released their retail sales data for February, President Trump’s announcement on a new corporate tax cut could impact Canadian businesses, Quebec responds to the new duties introduced on Canadian lumber, western Canada is seeing an increase in farm equipment sales and MIT shows off a new robot that will work in the construction industry. Here are the top news stories for the last week of April.
- Statistics Canada’s February report on retail sales shows a decline in retail spending due to weaker sales for new cars and gasoline. Via Yahoo Finance Canada
- President Trump’s proposed plan to slash corporate taxes in the United States has some Canadian business leaders worried about competitiveness. Via Canadian Manufacturing
- After the U.S introduced new duties on Canadian lumber, the Quebec government has announced new loans and loan guarantees for the forestry sector. Via Canadian Business
- Farm equipment dealers in North America are seeing a slight rebound after years of declining sales, with Canadian dealers seeing better sales than U.S dealers. Via The Western Producer
- Automation is coming to the construction industry with the Massachusetts Institute of Technology showing off their latest Digital Construction Platform. Via CBC News
This blog is provided for information only and is not a substitute for professional advice. We make no representations or warranties regarding the accuracy or completeness of the information and will not be responsible for any loss arising out of reliance on the information.
