A new DOSS report finds the latest 50% U.S. tariffs on Canadian goods are intensifying pressure on retailers, forcing companies to rethink pricing, inventory management and supply chains while delaying long-term growth plans.
Ontario restaurants and small businesses are struggling with wildfire smoke, extreme heat, rising utility costs and new U.S. tariff threats. Merchant Growth's latest survey reveals growing financial strain, reduced U.S. trade and cautious consumer spending.
The federal small business tax rate has remained frozen at 9% since 2019, and the Small Business Deduction threshold has been unchanged at $500,000 since 2009.
Franchising can offer operational assistance such as human resources and technology support, along with brand recognition that helps create a stronger foundation for new business owners.
Canada sees middle market squeeze, Metro's Carmen Fortino and London Drugs' Clint Mahlman retire on same day, Pepper Lunch closes in Richmond, 16,000 fake World Cup merch items seized, No Frills opens 1st Lloyminster store, and other news.
Fuel charges on grocery hits economy, Rona leads radio spend, campus thrift store opens in Calgary, Time Out Market prepares to open at Oakridge Park, 500 charges in retail theft scheme, and other news.
With an estimated $3.8 billion benefit for Canada as 2026 World Cup co-host, the FIFA World Cup will be a prime opportunity for small businesses to enhance visibility from increased demand.
Funded by Amex Canada and administered by DMZ at Toronto Metropolitan University, 100 Canadian small businesses will be selected to each receive a $10,000 CAD grant and mentoring support from DMZ.
Uniqlo announces Winnipeg opening date, Winners accused of closing some store washrooms, food suppliers adding surcharges, Ontario moves to ban employees paying for uniforms, Montreal businesses await boost as Canadiens clinch playoff spot, and other news.
Fines for made-in-Canada claims could chill investment say food manufacturers, Couche-Tard optimistic despite fuel increases, most Canadians want to ban or regulate algorithmic pricing, legendary Italian retailer in Vancouver's Chinatown dies at 93, and other news.
SSENSE lays off more than 200, Joe Fresh 1st apparel retailer on DoorDash, Save-on-Foods opening in new Langley retail project, Brampton charging retailers $100 for every abandoned shopping cart in city, and other news.
Canadian small business sales growth dropped 4.1% year-over-year (y/y), the largest quarterly decline in sales since the September quarter 2020, falling well below the long-term series average of 4.5% y/y.Â