Insights

From Nordstrom’s departure from the Canadian market to the liquidation of most Hudson’s Bay stores, many are left wondering if there’s an underlying weakness in the retail market. To some degree, the public attention paid to these departures overstates their importance to the retail sector. What these stories actually reveal is not weakness, but a retail landscape in a state of change that’s unlikely to stop anytime soon.

Entegrus currently operates electricity distribution systems for over 60,000 customers in Southwestern Ontario. Entegrus also operates a successful fibre optic internet division, Entegrus Fibre. While this division was experiencing rapid growth, Entegrus decided it was in the customers’ best interest to sell this portion of the business to strengthen the other core business divisions, allowing them to better serve all their customers.

After running stores across Vancouver Island for 46 years, 49th Parallel Grocery shareholders felt the time was right to sell their business. What originally started as a family-owned café, grew to a general supply store, and then under the current owners expanded to four locations. Today, 49th Parallel’s four grocery stores include over 380 employees and over 80,000 square feet of retail space.

As the Canadian economy confronts conditions not seen in decades, the real estate industry is challenged with an uncertain landscape in 2023.

The 2023 edition of the IFRS publication details important amendments published between January 1 and December 31, 2022.

Known as a leader in the residential energy sector, Ecofitt has been successfully implementing energy efficient solution packages for utilities, retailers, and distributors across Canada. To date, Ecofitt has installed over 4.0 million Ecofitt LED light bulbs and 150,000 smart thermostats in over 500,000 homes.

After establishing four thriving animal hospitals, Nova Scotia-based Village Veterinary Group were approached to sell their practice. However, they weren't willing to sell to just any buyer—it had to had to be the right one.

For more than 50 years, Protective Packaging Limited, a family-owned and operated business, has supplied essential vinyl, plastic, and paper materials to many Canadian industries—from automotive and manufacturing to healthcare and aerospace companies. Their mission is to protect the end customer’s valuable products while offering excellent customer service, competitive prices, and one of the largest product ranges of any distributor in Canada