New CFIB data shows that since the start of the trade war, nearly four in ten (39%) small businesses have seen increased sales of Canadian/locally made products – especially in the retail (44%), hospitality (43%) and wholesale (41%) sectors.
First Capital REIT has leased-out the entire retail podium at the iconic Yonge and Bloor corner, including space to another new tenant in the main-floor space formerly occupied by Nordstrom Rack.
A report by Scotiabank shows retailers and other small businesses are seeing a turnaround, though headwinds prevail including a recession and ongoing inflation.