Mario Toneguzzi

VIDEO: Amazon Prime Day 2026 expected to draw Canadian shoppers despite affordability pressures: Bruce Winder

Mario Toneguzzi -
Consumers are grappling with elevated living costs, including higher fuel prices and persistent food inflation.

Prime Day spending set to hit $5.4B in Canada as participation jumps from 52% to 65% in a year

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70% expect to spend the same amount (51%) or more (19%) than they did last year.

AI implementation gap puts client revenue and talent at risk, Thomson Reuters report warns

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While AI tools are widely used across legal, tax, audit and risk professions, many organizations are failing to translate that usage into measurable business value, exposing them to financial and operational consequences.

SELLIT9 raises $4.1M to expand recommerce trade-in platform across North America

Mario Toneguzzi -
The funding round was led by the Business Development Bank of Canada’s Seed Venture Fund, with participation from MaRS Investment Accelerator Fund, AQC Capital and Anges Québec.

Federal government investing $173.7 million to expand women entrepreneurship supports

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Addressing persistent barriers faced by women entrepreneurs and to build on existing federal programming designed to support business creation and growth.

Rexall launches weight management program with virtual care and medication delivery

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The program is designed to provide patients with personalized care plans and ongoing support without requiring in-person visits, as part of a broader effort to expand access to healthcare services.

Thirsty Buddha expands into Costco U.K., Los Angeles as global push accelerates

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The move builds on Thirsty Buddha’s existing presence in Costco stores across Canada and reflects the company’s efforts to scale distribution through large-format retail channels.

Alimentation Couche-Tard reports revenue of $19.5 billion in Q4, up close to 20% from a year ago

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For fiscal 2026, revenues increased by $3.6 billion, or 5.0%, compared with fiscal 2025.

Shake Shack Canada to open first drive-thru location in Canada in Calgary

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The first-ever drive-thru restaurant, expected to open this fall 2026 at 9253 Macleod Trail Southwest.

Consumer prices continue to rise: Statistics Canada

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Excluding gasoline, the CPI still rose at a faster pace year over year in May (+2.2%) compared with April (+2.0%)

Leyad acquires the Bay Centre in Victoria

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The Bay Centre is a trophy retail and mixed-use asset spanning an entire city block and serving as a cornerstone of the city's retail and pedestrian core.

Specsavers joins PC Optimum program

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Specsavers says PC Optimum members can earn 10 points per $1 on eligible purchases nationwide, expanding its relationship with Loblaw.

Supply management costs $244 per person per year on average: MEI

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By comparing the prices of dairy products, eggs, and poultry between Canada and comparable markets in the American Midwest, the authors were able to determine how much supply management adds to the cost of a typical Canadian grocery basket.

Farm Boy continues to grow in Ottawa with new Findlay Creek location

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Farm Boy has opened its 53rd store at 4828 Bank Street in Ottawa’s Findlay Creek neighbourhood.

VistaPrint: 80% of small business owners are happier than being employees

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VistaPrint found 80% of small business owners are happier than when they were employees, with 46% saying they’re much happier.

Retail theft in Canada is now a data integrity crisis—and retailers are missing the biggest risk

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Most retailers are investing in guards, cameras and policy changes while ignoring the systems that actually track inventory and transactions in real time.

Cozey expands in the U.S. market with Chicago pop-up (Photos)

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Cozey has opened a U.S. retail pop-up in Chicago’s Gold Coast, marking another step in its North American expansion.

Fuel boosts retail sales growth to $73 billion in April: Statistics Canada

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The largest increase in retail sales in April was observed at gasoline stations and fuel vendors (+5.1%).

Miik, Cheekbone Beauty to host joint live show supporting Indigenous education

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The collaboration brings together two woman-led businesses that say they share a focus on sustainability and community support.

AI increasingly shaping Canadians’ purchasing decisions, National Bank survey suggests

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39 per cent of Canadians have used generative AI tools to support a purchasing decision in the past year.

Uncertainty outweighing tariffs as top concern for cross-border trade: Purolator survey

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Businesses are already experiencing measurable financial impacts from tariffs.

Factor Meals accelerates nationwide expansion with new “state-of-the-art” Distribution Centre in Calgary

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Initially launched in 2022 to serve Ontario, Quebec, and the Maritimes, the Calgary expansion allows Factor Meals to seamlessly scale its dietitian-approved, chef-crafted meal deliveries from coast to coast.

WeCook launches nationwide delivery with expansion into six new Canadian markets

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The company said the expansion follows a period of rapid growth. It has grown by more than 1,000% since 2020, created over 600 jobs, and now delivers more than four million meals annually.

FIFA World Cup boosts brand opportunities in Toronto and Vancouver through out-of-home Advertising

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Influx of people is creating a major opportunity for brands looking to reach large crowds, even without paying the steep costs associated with official FIFA sponsorships.

Adyen selected to provide payments technology for Aritzia

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Adyen said it will process transactions in Aritzia’s physical locations, North American websites, and within its recently launched mobile app, supporting consistent payment experiences across channels. 
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