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Procurement
US economy shrinks for a second quarter, raising recession fear
WASHINGTON (AP) — The US economy shrank from April through June for a second straight quarter, contracting at a 0.9 per cent…
Mercedes-Benz Vans Canada partners with Enterprise Holdings in fleet deal
MISSISSAUGA, ON — Mercedes-Benz Vans Canada has inked an agreement with vehicle rental company Enterprise Holdings for an addition…
Inflation rate climbs to 8.1 per cent in June as gas prices soared
OTTAWA — Canada's annual inflation rate rose to 8.1 per cent in June, boosted by soaring gas prices, which rose more than 50 per…
Porter Airlines orders 20 more jets
TORONTO — Porter Airlines has announced a firm order for 20 Embraer E195-E2 passenger jets with a total list price value of…
Canadian food suppliers signal more price hikes this fall
Canadian food suppliers are once again issuing notices to grocery retailers informing them of upcoming price hikes.
The letters…
New shipbuilding delay leaves Canada reliant on allies, civilian ship to supply navy
OTTAWA — The Royal Canadian Navy will need to wait an extra two years for the delivery of new support ships, the federal…
Economists expect a key interest rate hike by 0.75 per cent this week
OTTAWA — Economists are predicting the Bank of Canada will hike its key interest rate by three-quarters of a percentage point on…
Economy lost 43,000 jobs in June, unemployment rate falls to 4.9 per cent
OTTAWA — The Canadian economy lost 43,000 jobs in June, marking the first decline in employment since January.
At the same…
Canada faces “moderate,” “short-lived” recession in 2023: RBC economists
TORONTO — Canada is headed toward a recession in 2023, but it is likely to be short-lived and not as severe as prior downturns,…
Five easy pieces
From the June 2022 print edition
Extensive disruption at the beginning of the decade put resilience at the top of the agenda…
Retail sales up 0.9 per cent to $60.7 billion
OTTAWA — Statistics Canada says retail sales rose 0.9 per cent to $60.7 billion in April, boosted by gains at general merchandise…
The four amigos of supply chain
From the June 2022 print edition
Meet my four little friends. There are so many new supply chain professionals that a lot of…