E-commerce not the only cause of death for Canadian malls

E-commerce not the only cause of death for Canadian malls
Malls were once a go-to shopping destination and a teenager’s hang-out of choice, but now face an uncertain future as some of their biggest tenants lay off employees, file for creditor protection or hang a “closed” sign in the window and leave for good. Beleaguered retailers have been quick to blame online shopping for their decline. But retail experts say scapegoating e-commerce is an oversimplification of a multifaceted problem: changing consumer tastes, demographic shifts, technological advances and... Read More

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Looking for the next rate signal Bank of Canada Governor Stephen Poloz speaks at the Smith School of Business at Queen’s University on Tuesday. Deputy Governor Timothy Lane warned Thursday of serious consequences related to steel and aluminum tariffs, despite reassuring trade news out... Read More