• Retail Sales Continue Climb

    Retail sales rose at their fastest pace since September, up 1.3 per cent to $55.2 billion in November, says Statistics Canada. This was the seventh consecutive monthly gain. The increase was led by hi...

  • Small Business Closures Threaten Economy

    One in six (181,000) Canadian small business owners are seriously contemplating permanently closing, putting more than 2.4 million jobs at risk (20 per cent of private sector jobs), says the Canadian...

  • Shippagan Enterprises Joins BMR Group

    The hardware division of Shippagan Enterprises Ltd. has joined the BMR Group network. The fourth generation family business is one of the largest wholesale distributors in Canada, serving the commerci...

  • U.S. Home Building Surges

    U.S. homebuilding and permits surged in December as historically low mortgage rates supported the housing market, says the Commerce Department. However, but momentum could slow amid surging lumbe...

  • Modest Gain Forecast For U.S. Home Improvement

    Annual gains in spending for improvements and repairs to U.S. owner-occupied homes are expected to be modestly higher in 2021 compared to last year, says the Leading Indicator of Remodeling Activity (...

  • Hardware Stores Remain Open During Lockdown

    Two Ontario Home Hardware stores in Parry Sound and Gravenhurst have allowed in-person shopping, which caught residents' attention amid the provincial lockdown, says a CTV News reports. This follo...

  • Amazon Canada Invests In Quebec

    Amazon Canada is investing in two sortation centres and its three delivery stations in Quebec. The delivery stations are the first such facilities the online retailer has in the province. The faciliti...

  • Richelieu Has Strong Canadian Sales

    In Canada, Richelieu Hardware had sales of $730 million in 2020, compared with $686 million for fiscal 2019, up by $44 million or 6.4 per cent. Of this, five per cent was from acquisitions and 1.4 per...

  • Restricted Retail Hours Causing Problems

    Restricting retail store hours during the pandemic generates a troubling rise in consumer traffic patterns, challenging social distancing and crowd control measures, says an analysis by INEO Tech Corp...

  • Mayer Hardware Becomes Castle Member

    Mayer Hardware & Building Supplies is the newest lumber and building material retailer to join the Castle Building Centres group. Located in Sioux Narrows, ON, it is a retail hardware and home imp...

  • Roofing Supply Company Joins TIMBER MART

    Roofing specialty dealer Silverstar Roofing Supplies has joined TIMBER MART to gain access to vendor-direct programs and better buying power. Located in Scarborough, ON, David Wang, its owner, says, &...

  • Repairs Topped Service Requests

    Home maintenance and repairs were the top home projects during the holiday season, says a report by HomeStars. In the month of December, the top most popular service requests on the contractor finding...

  • PPE Drives Fastenal Sales

    Fastenal Company had net sales of $1.36 billion for the fourth quarter of 2020, an increase of 6.4 per cent over net sales of $1.28 billion in the fourth quarter of 2019. The increase was partially du...

  • Building Supply Wholesale Sales Remain Strong

    Wholesale sales grew for the seventh consecutive month in November – up 0.7 per cent to an all-time high of $67.4 billion, says Statistics Canada. Five of seven subsectors reported stronger sale...

  • Small Business Leads Parcel Delivery Growth

    In 2017, Canada Post delivered one million parcels on 67 different days, mostly during the holiday season. In 2020, it started delivering a million or more parcels a day in mid-April and it continued...

  • Home Sales Strong In Quebec

    There were 112,476 residential sales transactions in 2020 in the province of Quebec. This represents a 17 per cent increase compared to transactions in 2019. It was also the highest number of sales ev...

  • Payment Options Key To Retail Success

    eCommerce retailers offering increased value and diverse payment options will attract the attention of Canadian shoppers this year, says ‘The 2021 Canadian Consumer Trends Guide: Reimagining Ret...

  • Resolute Makes Changes

    Remi G. Lalonde will be president and chief executive officer of Resolute Forest Products Inc., effective March 1. He has been with the company for 11 years and currently serves as senior vice-preside...

  • Entrepreneurs Gradually Regaining Confidence

    As the second wave of the COVID-19 pandemic intensifies, Canadian entrepreneurs are gradually regaining confidence in the Canadian economy, despite additional health restrictions, says BDC's &lsqu...

  • Small Increase In December Housing Starts

    The trend in housing starts was 239,052 units in December 2020, up from 236,334 units in November 2020, says the Canada Mortgage and Housing Corporation (CMHC). Bob Dugan, CMHC's chief economist,...

  • U.S. Retailers To Automate Fulfillment Centres

    U.S. retailers are increasingly seeking to automate their fulfillment centres in response to increasing consumer adoption of eCommerce, says the ‘Blue Yonder Future of Fulfillment Research Repor...

  • AEP To Acquire ZyTech Assets

    British Columbia-based Atlas Engineered Products Ltd. (AEP) plans to acquire the bulk of ZyTech Building Systems LP's manufacturing assets at its former Langley, BC, location. This equipment acqui...

  • Strom Gets New Role At Boise Cascade

    Jeff Strom is executive vice-president of the building materials division (BMD) at Boise Cascade, effective March 12. He joined the company in 2006 and currently serves as vice-president and general m...

  • December Home Sales Hit Another Record

    Home sales recorded over Canadian MLS Systems jumped by 7.2 per cent between November and December to set another new record, says the Canadian Real Estate Association. Seasonally adjusted activity wa...

  • Couple Acquires Stanstead RONA

    Philip St-James and Stacy Boulet have acquired the RONA hardware store in Stanstead, QC. The couple, who have been involved for several years in the family-owned RONA Quincaillerie des Rivières...

  • McGill Launches Laboratory Store

    McGill University has partnered with Alimentation Couche-Tard Inc., a Canadian multinational operator of convenience stores, to launch a retail innovation lab at the Bensadoun School of Retail Managem...

  • Afterpay Expands Into Quebec

    Afterpay, a provider of ‘Buy Now, Pay Later’ payments, has extended its platform to Quebec with the introduction of its service in French Canada. Shoppers in the region can now use Afterpa...

  • CFS Connector Can Reduce Installation Time

    Simpson Strong-Tie’s WBAC wood backing steel connector is designed to reduce installation time in connecting wood backing to cold-formed steel (CFS) studs. Perfect for cabinets, shelves, handrai...

  • Ontario Inspectors To Check Big Box Stores

    The Ontario government is taking additional measures to protect workers in response to rising COVID-19 cases. Beginning this weekend, approximately 50 ministry inspectors, as well as local bylaw and p...

  • Homeowners Pick Up Tool Skills During Pandemic

    More than three-quarters of Americans have honed their home improvement skills during the COVID-19 pandemic to help create new and renovate existing spaces to better serve their needs and improve the...

  • Superior Cabinets Acquires R.D. Henry & Company

    Western Canada-based Superior Cabinets will acquire R.D. Henry & Company (RDH), based in Wichita, KS. Established in 1981 and formerly known as Custom Cupboards, RDH builds custom and semi-custom...

  • KNAACK Expands Cart Armour Line

    KNAACK has expanded its Cart Armour product line with the addition of two models. The Cart Armour is a patented mobile jobsite storage solution that was first introduced in 2018 to protect tools from...

  • BB&B Adds To Executive Team

    Kristi Argyilan is senior vice-president, brand innovation with Bed Bath & Beyond Inc. She joins the company from Target, where she was president of its media company ROUNDEL following an earlier...

  • Hardware Stores Forced To Close Under Provincial Order

    Hardware stores have been added to the non-essential businesses list in Ontario as the province declared its second emergency under the Emergency Management and Civil Protection Act (EMCPA). As COVID-...

  • November Building Construction Investment Declines

    Total investment in building construction declined for a third consecutive month, edging down 0.1 per cent to $15.3 billion in November, says Statistics Canada. Slight decreases in both residential an...

  • Cutting Red Tape Could Increase Productivity

    If governments across Canada want to help increase productivity – and the possibility of a four-day work week – they should eliminate excessive regulation on businesses and entrepreneurs,...

  • Hearth Industry To See Strong Growth

    The global hearth market size is estimated to be US47.7 billion in 2020 and is projected to reach $9.7 billion by 2025, at a compound annual growth rate (CAGR) of 4.7 per cent during the forecast peri...

  • Miller Promoted

    Cory Miller is senior vice-president and interim chief financial officer at Scotts Miracle-Gro Company. He was previously vice-president of finance for Hawthorne Gardening Company, a wholly-owned subs...

  • Strong Growth In Home Improvement Sales Continues

    In October, Canadian retailers saw continued growth on spending in home improvement materials and upgrades around the house, says Statistics Canada. Hardware, tools, and renovation and lawn and garden...

  • Trex Invests In Facilities

    As part of its previously announced $200 million expansion program, Trex has opened a production facility in Virginia. In 2018, the company launched its re-engineered Trex Enhance decking, designed to...

  • Prices Rise For Heavy Equipment

    Prices of truck tractors and heavy equipment are on the rise, says Ritchie Bros. Asset Solutions in its ‘Market Trends’ report. Truck tractor prices in Canada increased two per cent in the...

  • Kohler Adds Touchless Faucet To Smart Home Portfolio

    Kohler Co. has added the Touchless Residential Bathroom Faucet to its smart home portfolio. The faucet offers hands-free activation for washing hands, brushing teeth, and other daily personal tasks, w...

  • Renovation Trend Drives WD-40 Sales

    WD-40’s first-quarter net sales jumped 26 per cent to $124.6 million compared to net sales of $98.6 million for the same period last year. It reports a first-quarter net income of $23.6 million,...

  • BSIABC Conference To Be Held Online

    The Building Supply Industry Association of British Columbia (BSIABC) will hold its product-centred online conference on January 19. Participants will have access to industry professionals and supplie...

  • Real Estate Market Continues Strengthening

    Canadians' belief in the strength of the real estate market held steady in December, despite concerns around the overall economy, says the ‘RBC Home Buying Sentiment Poll.’ High home v...

  • BC Government Offers Energy Efficiency Incentives

    The British Columbia government is offering more incentives for homeowners to make their homes more energy-efficient. It plans to double the ‘CleanBC Better Homes’ retrofit rebates for sel...

  • PPG To Acquire Coating Company

    PPG, a paint and coatings company that operates in more than 70 countries, plans to acquire VersaFlex, a manufacturer specializing in polyurea, epoxy, and polyurethane coatings for flooring, industria...

  • Sweeper Uses Magnetic Pull

    Master Magnetics, Inc. has released its 36″ Magnetic Floor Sweeper. This magnetic sweeper picks up metal items and debris from the floor and features a quick release function to make clean-up fa...

  • Store Closures Affect BB&B Sales

    Bed Bath & Beyond Inc. had net sales of $2.6 billion for the third quarter of fiscal 2020, a decrease of five per cent compared to net sales of $2.8 billion in the second quarter of 2019. This dec...

  • WRLA Showcase Features Education

    Business transition planning, influencer marketing, building science, and energy efficiency are just some of the topics that will be covered in the educational sessions at the Western Retail Lumber As...

  • Pandemic Has Created Home Trends

    Home offices, intergenerational living, gourmet kitchens, backyard oases, and smart and safe technologies are among the top home trends for 2021, says Zillow, a real estate website. It says that the e...

  • December Sales Strong In Quebec City

    Residential sales in the Quebec City Census Metropolitan Area (CMA) for the month of December were up 44 per cent compared to December 2019, a new record in terms of the number of transactions, says t...

  • Amazon Purchases Aircraft

    Amazon has purchased 11 Boeing 767-300 aircraft, its first-ever purchase of airplanes to expand its distribution fleet. The purchases include seven aircraft from Delta and four aircraft from WestJet,...

  • GE Lighting Adds To Smart Home Offerings

    GE Lighting, a Savant company, has a roster of products lined up for release this year to add to its smart home offerings. In March, the brand’s C by GE app will update to the Cync app, powered...

  • FGIA Releases 2021 Conference Schedule

    The Fenestration and Glazing Industry Alliance (FGIA) has formalized its 2021 conference schedule, beginning with its ‘2021 Virtual Annual Conference.’ Online registration for the event, t...

  • Acuity Brands Sales Decline

    Acuity Brands, Inc. had net sales of $792 million for the first quarter of its 2021 fiscal year, a decrease of 5.1 per cent compared with the prior-year period. Operating profit margin of 10.8 per cen...

  • Trust Important To Consumers More Than Ever

    The world’s recent state of uncertainty has changed the way consumers relate to brands in a big way, says a report by Edelman. Its ‘ Trust Barometer Special Report: Brand Trust in 2020&rsq...

  • Home Hardware Launches Home Collection

    Home Hardware has launched its first-ever ‘Inspired Home Collection’ as part of its ongoing commitment to helping Canadians with their projects big and small. The design and inspiration lo...

  • December Fraser Valley Home Sales Set Records

    In a year when the real estate market was at a standstill for months due to COVID-19, total annual sales in Fraser Valley, BC, still finished 12.4 per cent above the 10-year average due to unrelenting...

  • Couillard Named President

    Ernie Couillard is president of Regal ideas. Previously, he was executive vice-president. He has been with the company for almost 17 years.

  • December Montreal Home Sales Strong

    Home sales in the Montreal, QC, Census Metropolitan Area (CMA) hit new records in December with an increase of eight per cent over December 2019, says the Quebec Professional Association of Real Estat...

  • Affirm Completes PayBright Acquisition

    Affirm, an alternative to credit cards, has completed its previously announced acquisition of PayBright, a Canadian buy-now-pay-later provider. This combination creates a payment solutions platform wi...

  • Griffon Acquires Another Australian Manufacturer

    The AMES Companies, Inc., has acquired Quatro Design Pty Ltd., an Australian manufacturer and supplier of glass fibre reinforced concrete landscaping products for residential, commercial, and public s...

  • Residential Furniture Market Continues Strengthening

    Business in October was strong for residential furniture manufacturers and distributors based in the U.S., says a survey by consultant Smith Leonard. New orders in October increased over the same peri...

  • RPM Has Strong Quarter

    RPM International Inc. had net sales of $1.49 billion for the second quarter of its fiscal 2021 year, this is an increase of six per cent over net sales of $1.4 billion in the same quarter in the prev...

  • Consumers Believe Worst Is Over

    Consumers in Canada entered the new year riding a wave of optimism that the worst is over, says polling by Bloomberg News and Nanos Research Group. Households reported a surge in confidence in the fin...

  • New Brunswick Top Moving Destination

    British Columbia and New Brunswick are the leading growth provinces for do-it-yourself movers, says a U-Haul analysis of migration patterns from 2020. Nine of 10 provinces saw a net gain in U-Haul cus...

  • Greater Vancouver Has Record Home Sales

    Home sales in Greater Vancouver, BC, were up 53.4 per cent in the final month of 2020 compared with December 2019, hitting a new record for the month, says the Real Estate Board of Greater Vancouver....

  • American Bath Group Completes DreamLine Acquisition

    American Bath Group, LLC (ABG), a manufacturer of showers, bathtubs, and related accessories and a portfolio company of Centerbridge Partners, has closed the acquisition of DreamLine from affiliates o...

  • GreatStar Tools Acquires Shop-Vac

    Hangzhou Equipment Holdings, LLC, a subsidiary of Hangzhou GreatStar Industrial Co., Ltd., and GreatStar Tools USA, a hand tool manufacturer, have acquired substantially all of the assets of Shop-Vac...

  • Gouin To Focus On Eastern Canada

    Simon Gouin is vice-president, business development, at TORBSA Limited. He will focus on the eastern Canada market. Previously, he was a senior sales manager with Rehau.

  • December Construction Material Costs Rise

    Engineering and construction costs rose for the second consecutive month in December, says IHS Markit and the Procurement Executives Group (PEG). The ‘IHS Markit PEG Engineering and Construction...

  • HBC Lockdown Rule Amendment Request Dismissed

    Hudson's Bay Co.'s bid to amend Ontario's retail lockdown rules has been dismissed. A panel of Ontario Superior Court judges says the “wisdom and efficacy” of the province'...

  • U.S. Home Sales Up Over Previous Year

    Pending U.S. home sales declined in November from October, but achieved gains over November 2019, says the National Association of Realtors (NAR). Month-over-month contract activity fell in each of th...

  • BODAQ Interior Film Available For North American Market

    After successful growth in Asia and Europe, BODAQ architectural film is now available to the North American market. Distributed by Nelcos Distribution Inc., the architectural vinyl films can be used t...

  • Home Depot Completes HD Supply Acquisition

    The Home Depot has completed the acquisition of HD Supply Holdings, Inc. HD Supply is a distributor of maintenance, repair, and operations (MRO) products in the multifamily and hospitality end markets...

  • Cooper Takes Advisor Role

    Ross D. Cooper has taken a special advisor role focused on business strategy and growth initiatives at Beacon. He has been with the company since 2006, most recently as executive vice-president and ge...

  • Vaccine Rollout Will Determine 2021 Construction Market

    The continuing impacts of COVID-19 on construction are being felt unevenly by province as well as sector, creating a mixed economic outlook across the country. While the residential forecast grew stro...

  • Building Permits Near Record Levels

    The total value of building permits rose 12.9 per cent to $9.4 billion in November, the third highest value on record. The highest value was reached in April 2019. Much of this growth w...

  • Flooring Wood Panels To See Strong Recovery

    Demand for wood panels used in flooring applications is forecast to increase 1.1 per cent annually through 2024 to 9.3 million square feet, as measured on a ⅜-inch basis despite a significant drop in...

  • Jordan Company To Acquire Specialty Building Products

    Private equity firm the Jordan Company L.P. (TJC) will acquire a majority ownership position in Specialty Building Products, LLC, (SBP) a North American distributor of specialty building products. TJC...

  • Masco To Acquire Online Plumbing Company

    Delta Faucet Company, a division of Masco Corporation, will acquire the assets of Kraus, an online plumbing fixture company. Kraus will operate as an affiliate of Delta. The acquisition is expected to...

  • Jones Heads Up Sun Gro

    Phil Jones is chief executive officer of peat distributor Sun Gro Horticulture. He has more than 25 years of industry experience, including senior leadership and executive roles with Scotts, Monsanto,...

  • Canadian Retail Sales Surge, But So Does COVID

    Overall Canadian retail sales have moved up smartly in recent months, but it probably won't last, says Ed Strapagiel, a retail consultant. A second COVID surge is now prompting a new round of lock...

  • December U.S. Consumer Confidence Slides

    The U.S. Conference Board Consumer Confidence Index declined in December, after decreasing in November. The index now stands at 88.6, down from 92.9 in November. The Present Situation Index – ba...

  • Beacon To Divest Interior Products Business

    Beacon will sell its interior products business, consisting of 81 branch locations where it distributes construction products including wallboard, acoustical ceilings, steel framing, and insulation to...

  • FBP Expands Railing Distribution In Canada

    Western Canada-based McLean Lumber now distributes Fortress Al¹³ aluminum railing and Pure View glass railing systems. McLean partnered with Fortress Building Products (FBP) to deliver the c...

  • AFA Forest Products Makes Changes

    Mike Park is vice-president of national commodities with AFA Forest Products Inc. Previously, he was director of national commodities. Angelo Campagna is vice-president of eastern operations. His prio...

  • Strong New Home Sales Continue

    In November, the Greater Toronto, ON, Area (GTA) new home market saw upward trends from recent months continue, says the Building Industry and Land Development Association. There were 1,914 units of s...

  • Montreal RONA Opens Doors

    RONA Des Ormeaux, located in Montreal, QC, has opened its doors. Dealer owners Pascal Ferland, François Tremblay, and Simon St-Laurent have invested more than $1 million and several months in t...

  • Amazon Extends Service In Iqaluit

    Prime customers in one of Canada's most northern communities, Iqaluit, NU, will receive faster delivery times thanks to expanded service from Amazon. Customers can now receive their items in three...

  • Aislelabs Launches Occupancy Level Technology

    Aislelabs launches its latest product development specifically created to help shopping centres manage capacity during the COVID-19 pandemic. It has developed a technology for detecting and monitoring...

  • Digitally Printed Wallpaper Market To See Strong Growth

    The global digitally printed wallpaper market size in 2020 is estimated at US$2.9 billion and is projected to reach $7.5 billion by 2025, at a compound annual growth rate (CAGR) of 21.1 per cent over...

  • October Manufacturing Sales Increase Slightly

    Manufacturing sales rose 0.3 per cent to $54.1 billion in October, following a 2.2 per cent increase in September, says Statistics Canada. The increase in October was almost entirely attributable to n...

  • Norbord Sets ESG Goals

    Sustainability at Norbord Inc. is centred around three strategic orientations, says its ‘2020 Environmental, Social and Governance’ (ESG) report. To start, it plans to build world-class fa...

  • Rollers Rule Painting Market

    Rollers accounted for at least 20 per cent of the painting tools market share in 2019 alone, with the overall painting tools market estimated to surpass $12 billion by 2026, says research by Global Ma...

  • Tape Glows In The Dark

    Klein Tools has introduced the 20-foot Glow Fish Tape, a glow-in-the dark fish tape that provides a bright glow for low light use. The tape is fully removable from the case for a versatile application...

  • Retail Sales Up For Sixth Consecutive Month

    Retail sales edged up 0.4 per cent to $54.6 billion in October, marking the sixth consecutive monthly increase since the record decline in April, says Statistics Canada. The sales growth was led by mo...

  • Technological Modernization Key To Success

    The companies that are best positioned for success are ones that have modernized their organizational processes and business strategies, says a survey by MIT Technology Review Insights, in association...

  • Softwood Lumber Prices Continue Upswing

    Softwood lumber prices continued to rocket upwards last week amid acute supply shortages, says Madison's ‘Lumber Reporter.’ Prices were driven up by strong housing starts in the U.S.,...

  • Water Heater Market Forecast To Grow

    The water heater market size is expected to surpass $28 billion by 2026, says a study by Global Market Insights, Inc. The study says product innovation and technological advancements will boost the de...

  • Toro Sales Up 14.5 Per Cent

    The Toro Company had net sales of $841 million for the fourth quarter ended October 31, 2020, up 14.5 per cent from $734.4 million in the fourth quarter of fiscal 2019. Net earnings were $72.2 million...

  • Multiple Urban Lead Housing Start Gains

    The trend in housing starts was 231,491 units in November 2020, up from 222,989 units in October 2020, says Canada Mortgage and Housing Corporation (CMHC). The standalone monthly seasonally adjusted a...

  • Another Quebec Dealer Joins TIMBER MART

    Quincaillerie J.D. Lafontaine is the fifth dealer in Quebec to join TIMBER MART this year alongside: RenoRun (Montreal), O. Coderre et Fils (St-Jacques and Crabtree), J.P. & F. Larochelle (Dunham)...

  • U.S. New Home Sector Remains Bright

    Ending a string of three successive months of record highs, U.S. builder confidence in the market for newly-built single-family homes fell four points to 86 in December, says the latest NAHB/Wells Far...

  • Online, Deals Important For Holiday Shopping

    Consumers plan to do most of their shopping online this holiday season, while making sure they get the best value for the money on gifts, says a survey by RetailMeNot.ca. However, they don’t pla...

  • Innovation Drives Adhesive Sales

    Construction adhesive and sealant manufacturers worldwide focus on developing products that favour a circular economy and promote sustainability as green alternatives, says a Frost & Sullivan'...

  • Declining Energy Sector Offsets FCL Earnings

    Federated Co-operatives Limited (FCL) had revenues of $7.9 billion for the financial year that ended October 31, 2020. Earnings for the year were $177 million and, from these earnings, FCL returned $1...

  • Building Materials Lead Wholesale Gains

    There is evidence to suggest that the wholesale sector was able to stabilize itself to a large degree before the Canadian economy entered the second wave of the pandemic at the beginning of November,...

  • Healthy Housing Market Forecast For 2021

    Current trends and the outlook for housing market fundamentals suggest activity will remain relatively healthy through 2021, says the Canadian Real Estate Association (CREA). Economic activity continu...

  • ATTITUDE Brand To Expand

    The ATTITUDE brand, founded in 2006, wants to develop a presence on international markets and become a clear leader among manufacturers of green consumer products. To do so, the Quebec company ‒ which...

  • U.S. Construction Input Prices Drop

    Construction input prices in the U.S. fell 0.5 per cent in November compared to the previous month, says Associated Builders and Contractors. Its analysis of the U.S. Bureau of Labor Statistics’...

  • Home Depot Adds Home Decor

    Home Depot has expanded its online inventory to add more home decor, including furniture, towels, and wine glasses. While it has been in the home decor business since its stores opened 41 years ago se...

  • Fortune Brands Completes LARSON Acquisition

    Fortune Brands Home & Security, Inc. has completed the acquisition of LARSON Manufacturing, a North American market leading brand of storm, screen, and security doors. It is now part of Fortune Br...

  • Pandemic Causing Mental Health Issues

    More than half of small business owners are suffering from mental health issues because of COVID-19, says a survey by the Canadian Federation of Independent Business (CFIB). “Many of them rely o...

  • Home Sales Remain Strong

    National home sales continued running at historically strong levels in November, says the Canadian Real Estate Association (CREA). Home sales recorded over Canadian MLS Systems edged back by 1.6 per c...

  • Increased Household Finances Encourages Spending

    Household finances during the COVID-19 pandemic in Canada have shown remarkable strength relative to previous downturns – courtesy of historic government support – and Canadians appear rea...

  • HDI Acquires Illinois Distributor

    British Columbia-based Hardwoods Distribution Inc. (HDI) has, through its subsidiary Rugby Holdings LLC, acquired Illinois-based River City Millwork Inc. River City is a wholesale distributor of inter...

  • Urbanization Causes Need For Thermal Insulation

    Growth in green buildings and energy-efficient construction will increase the building thermal insulation market growth as they account for more than two-thirds of the total GHG emissions across the g...

  • mCommerce Changing Payment Landscape

    Mobile eCommerce – or mCommerce – payments will reach $3.1 trillion in 2025 from $2.1 trillion in 2020, says a study from Juniper Research. The pandemic’s massive boost to digital wa...

  • HBC Argues Against Lockdown

    The Hudson’s Bay Co. (HBC) is asking the Ontario Superior Court to quash the provincial government’s lockdown orders in Toronto and neighbouring Peel Region. It is arguing the rules that h...

  • Homeowners Crave Tranquility In Their Homes

    Homeowners are preferring natural, earth colour tones for their homes, as they crave a feeling of safety, says a study by Metal Roofing Alliance (MRA). “We’re definitely seeing a desire fo...

  • ROCKWOOL Sets Ambitious Decarbonization Targets

    ROCKWOOL, a global manufacturer of stone wool products, has implemented ambitious, science-based global decarbonization targets that have been verified and approved by the Science Based Targets initia...

  • HDI Acquires California Distributor

    British Columbia building materials distributor Hardwoods Distribution Inc. (HDI) has, through its subsidiary Hardwoods Specialty Products US LP (HSP), purchased Aura Hardwoods. Aura is a wholesale ar...

  • Renovation Spending Remains Strong

    The hardware, tools, and renovation and lawn and garden products were one of the driving categories in retail sales for September, increasing 25.9 compared to last year. Even with the summer months pa...

  • Canac To Open 32nd Location

    Quebec hardware and building materials retailer Canac is opening a warehouse/store location in Contrecœur, QC. Construction on the retailer’s 32nd branch is expected to start in summer 202...

  • CEOs Forced To Change Interactions With Customers

    CEOs say they will change how their companies interact with customers to boost business growth, says a report by Accenture Interactive. Post-pandemic, consumer needs are likely to continue evolving an...

  • Broom Suitable For Concrete

    Atlas Graham Furgale’s (AGF) FlexSweep Push Broom is available in four different models for varied floor surfaces including smooth, multi, coarse, and extreme rough surfaces. The AGF Flexsweep C...

  • Range Hood Market To Surpass $9.5 Billion By 2026

    The range hood market size is expected to surpass $9.5 billion by 2026, says a report by Global Market Insights, Inc. The high demand for under-cabinet range hoods can be attributed to several advanta...

  • Costco Sales Up

    Costco Wholesale Corporation net sales were $42.35 billion for the first quarter of 2020, up 16.9 per cent from net sales of $36.24 billion in the same period last year. Net income was $1,166 million...

  • Companies Support Recycling Rules

    More than 20 Canadian retail and consumer packaged goods companies, representing a substantial proportion of the nation's plastic packaging, are among the first to support new global ‘Golden...

  • Chamber Of Commerce Calls For Tax Holiday

    The Canadian Chamber of Commerce wants temporary relief from the GST/HST to help the economy bounce back from the COVID-19 pandemic. It has set out a number of measures it says will help in the econom...

  • Lowe’s Launches ‘Total Home’ Strategy

    Lowe's Companies, Inc. will launch an initiative to increase its market share. The ‘Total Home’ strategy will build upon the company’s retail fundamentals strategy and promises t...

  • Canadians Are Increasing Cybersecurity

    The majority of working Canadians (96 per cent) have shifted their cybersecurity strategies and increasing digitalization because of COVID-19, says PwC Canada’s ‘Digital Trust Insights&rsq...

  • Northwest Hardwoods Files Chapter 11

    Northwest Hardwoods, Inc. (NWH) and some of its affiliates have taken the next step in its restructuring from bankruptcy. A U.S. bankruptcy court in Delaware has approved measures which enable the com...

  • Wallsauce Releases Wallpaper Designs

    Wallsauce, a producer of wallpaper murals, has released five wallpapers to complement Pantone's colours of the year. The wallpapers are Grey & Mustard Watercolour, Transparent Gold, Alliums an...

  • Saskatchewan Eliminates Small Businesses Tax

    Business corporate income tax for small businesses in Saskatchewan has eliminated for two years, effective October 1. In July 2022, the tax – currently at two per cent - will be reintroduced at...

  • Lowe’s Expands Digitally

    With the online traffic increase on the Lowe’s website that began mid-June 2020, the company now uses the cloud to stabilize online traffic, says Marvin Ellison, its president and chief executiv...

  • Amazon Has New Facility

    Amazon has completed development of  its fulfillment center in Scarborough, ON. The one million-square-foot industrial distribution facility is Amazon’s ninth building in the GTA and is int...

  • Demand To Increase For Windows And Doors

    With the increasing demand for windows and doors for residential and commercial sectors, the market is forecast to exceed $124 billion by 2026, says research from Global Market Insights. This is due t...

  • New Stores Boost Dollarama Sales

    Dollarama Inc. had sales of $1,064.2 million for the third quarter of 2020, up 12.3 per cent year-over-year. The company says the growth can be credited to the growth of stores opened in the past 12 m...

  • Consumers Want Small-Businesses To Open

    Nine in 10 consumers say that provinces should allow small, local retailers to remain open with a limited number of customers, says a survey by the Canadian Federation of Independent Business (CFIB)....

  • Hayduk Joins Castle

    Castle Building Centres Group has added a member location in Western Canada. Hayduk Lumber & Hardware Ltd. in Calmar, AB, is located in the heart of the province’s agriculture and oil field...

  • Quebec City Sees Uptick In Home Sales

    Quebec City, QC, has seen a slight increase in buying and selling intentions from consumers, says a survey by the Association des professionnels de la construction et de l'habitation du Qu&ea...

  • Retail Theft Is Up With COVID-19

    Retail theft has increased almost 30 per cent because of Covid-19, says Ben Dugan, of Zebra Prescriptive Analytics. Due to the increasement of online purchasing, online theft increased as well. He out...

  • UK Chain Stocks Stanley Black & Decker Products

    Homebase, a chain of more than 166 home and garden stores in the UK and Ireland, has partnered with Stanley Black & Decker. Homebase will now stock over 90 power tools from the Black & Decker...

  • Net Sales Grow For HD Supply

    HD Supply Holdings Inc. had net sales of $827.5 million for the third quarter of 2020, an increase of 0.3 per cent over net sales in the third quarter of 2019. Operating income was 14.6 per cent of ne...

  • Building Construction Investment Sees Drop

    Total investments in building construction trimmed down 0.4 per cent to $15.2 billion in October, following a 1.5 per cent decrease in September, says Statistics Canada. Investment in the non-resident...

  • IKEA Catalogue Retires After 70 Years

    The IKEA Catalogue is being retired after 70 years of publication. The catalogue  of home furnishing and product solutions has come to an end and will be focusing on a more digital approach in me...

  • Home Depot Opens More Distribution Centres

    The Home Depot it will open distribution centres in Perth Amboy and New Jersey, NY, over the next 12 months to support the growing demand for flexible customer delivery options. These locations furthe...

  • Millennials Desire Home Ownership

    Millennials have a greater homeownership aspiration than any other generation, says a study by Properly. Less than half (48 per cent) of Millennials are happy with where they live and are three times...

  • The Cloud: A Necessary Element Of Business

    Thirty-four per cent of Canadian companies say they are achieving the full value expected on their cloud investments, compared to 37 per cent of companies worldwide, says a survey by Accenture. Global...

  • Stucco Market Expected To Grow

    The stucco market is expected to grow from $10.9 billion in 2019 to $13.4 billion by 2024, says a study by Markets And Markets. A material widely used in residential construction, driving factors for...

  • Quebec Lays Down The Law

    Quebec is tightening health guidelines for holiday shopping to help limit the spread of COVID-19. The measures include a maximum capacity of customers per floor space, distancing rules on display for...

  • On-Demand Consumerism Rising

    Consumers are looking online for convenient, on-demand home services more than ever before. In 2019, food delivery accounted for about 80 per cent of all food orders, and this has increased. Food deli...

  • Cabico Invests In Self-Modernizing

    Cabico invested $17 million in its companies’ technology and modernization of its Quebec facility. Specializing in high-end cabinetry, the company will be adding 52,000 square feet to the existi...

  • Telecommunication Allows Home Buyers To Live Farther Out

    Consumer home buying preferences are accelerating as telecommunication provides individuals with the flexibility to live farther out within large metro areas and even relocate to more affordable, smal...

  • Bidrenos Launches Web Platform

    Bidrenos.com has launched a web-based platform that introduces homeowners to contractors online in the Greater Toronto, ON, Area (GTA). Contractors can post estimated bids for the project directly to...

  • KNIPEX Launches Forged Wire Stripper

    KNIPEX Tools is introducing its Forged Wire Stripper. The Forged Wire Stripper is made from high-grade special tool steel that is forged and multi-stage oil-hardened. Designed for cutting holes for 6-...

  • O’Keef Named Chief Financial Officer

    Robert O’Keef has been appointed interim chief financial officer (CFO) at W.W Grainger Inc., effective January 1, 2021. He has been with Grainger since 2018, most recently as vice-president and...

  • Strong Remodeling Growth Forecast For North America

    The global remodeling market size is likely to surpass US$4.76 trillion by 2026, says a report by Global Market Insights, Inc. Increasing renovation activities in residential buildings and restoration...

  • TORBSA Gets Alberta Member

    Monarch Centres has joined TORBSA as a shareholder member. Monarch Centres was established 20 years ago and has locations in Calgary, Edmonton, Lethbridge, Red Deer, and Acheson, AB. TORBSA will enabl...

  • Cameron Ashley Acquires Martin Distributors

    Cameron Ashley Building Products has acquired Martin Distributors, a wholesaler of treated lumber, engineered wood, roofing, gypsum, and insulation. The distributor operates in two Louisiana locations...

  • Next Level Holiday Decorating To Be Expected

    Americans plan to go all out on holiday home decorations this year, much more than previous years, says a survey by Modsy, a platform to visualize home design ideas. "Many people are putting extr...

  • IKEA Canada Opens Collection Lockers In GTA

    IKEA Canada has opened its first-ever collection lockers in North America at its Greater Toronto, ON, Area (GTA) stores in Burlington, Etobicoke, North York, and Vaughan. The $5 flat rate collection l...

  • Deckorators Expands Railing Accessories Line

    Deckorators, a manufacturer of composite decking, deck railing, balusters, post caps, and related products, has introduced three aluminum deck railing accessories for the 2021 deck building season. AL...

  • Retailers Want Lockdown Lifted

    A letter sent by a group of about 50 retailers calls on the Ontario government to open all stores across the province. The letter says that lockdowns in Toronto and Peel Region have not reduced the nu...

  • Businesses Not Choosing eCommerce

    Despite eight out of 10 Canadians purchasing online for the first time during the pandemic and planning to continue spending online post-pandemic, only 46 per cent of small- and medium-sized enterpris...

  • U.S. Construction Spending Increases

    U.S construction spending jumped 1.3 per cent in October, the fifth straight monthly increase, and the largest increase since January, pre-pandemic, says the U.S. Commerce Department. Single-family ho...

  • Fenplast Acquires Drummond Windows

    Quebec-based Fenplast has acquired all of Drummond Windows' assets, as well as its contemporary windows manufacturing division.  "With this transaction we are fulfilling two main objecti...

  • Global Cladding Demand To See Steady Growth

    Through 2024, global demand for siding (cladding) is projected to grow 1.9 per cent annually to 6.6 billion square metres, says research from Freedonia Group. Weakened global building construction act...

  • Home Depot Launches ‘Path To Pro’ Program

    The Home Depot Foundation's $50 million trades training commitment announced in 2018 with an education and job placement program called ‘Path to Pro’ will be expanded. The program aims...

  • U.S. Pending Home Sales Decline

    Pending home sales in the U.S. fell slightly in October, says the National Association of Realtors (NAR). Contract activity was mixed among the four major U.S. regions, with the only positive month-ov...

  • Strong Growth Forecast For Roofing Market

    The global roofing industry had sales of $92.94 billion in 2019 and is projected to reach $132.77 billion by 2027, growing at a compound annual growth rate (CAGR) of 4.6 per cent from 2020 to 2027, sa...

  • Annual CPCA Conference Postponed

    The Canadian Paint and Coatings Association (CPCA) will postpone its ‘2021 CPCA Annual Conference’ and AGM to spring 2022 in light of the COVID-19 pandemic. Postponing the event is based o...

  • Deines Joins UCS Forest Group

    Matthew Deines is director of learning and development with UCS Forest Group. He has more than 30 years of industry experience in progressive leadership roles.

  • Building Activity Dips In October

    Municipalities issued building permits worth $8.2 billion in October, down 14.6 per cent from the previous month, says Statistics Canada. September's peak was the second highest value on...

  • U.S. Department Of Commerce Issues Lumber Duties

    Canadian softwood lumber is heavily subsidized and dumped into the U.S. market, says the U.S Department of Commerce. It has issued a combined anti-subsidy and anti-dumping duty ‘administrative r...

  • Home Depot Reaches Settlement

    Home Depot Inc. reached a $17.5 million settlement with 46 U.S states and Washington, DC, from a hacker breach. The settlement follows a data breach in 2014 where hackers accessed payment card informa...

  • U.S. Home Sales See Small Drop

    U.S. home sales of new single-family houses in October 2020 were at a seasonally adjusted annual rate of 999,000, says the U.S. Census Bureau and the Department of Housing and Urban Development. This...

  • Fast Joins Order Of Canada

    Bill Fast, the founder of Willmar Windows, is now a member of the Order of Canada. He joins 113 other Canadians who have earned the country’s highest civilian honor for this year. His Order of C...

  • Kitchen, Bath Market See Strong Improvement

    After two consecutive quarters of contraction, ratings for each of four key industry metrics of the kitchen and bath markets show improvement, including current and future conditions, says the third q...

  • Consumers Show Low Confidence For Businesses

    Consumer confidence for U.S. businesses declined in November, after remaining relatively flat in October, says a study by the Conference Board. The index stands at 96.1, down from October’s 101....

  • Paper Money Seeing An End In Sight

    Canadians are spending less and preferring contactless payment methods, says a study by Payments Canada. Forty per cent of Canadians report that COVID-19 has changed their payment preferences for the...

  • Renovations Brands Acquires Profile Designs

    Renovation Brands, the parent company of multiple online home improvement brands, has acquired Profile Designs, the provider of artisanal decorative finishes to American Tin Ceilings, one of Renovatio...

  • Retail Sales Recover From Last Quarter

    Canadian retail sales gained 4.6 per cent year-over-year in the third quarter of 2020, from the 14.6 per cent decline that took place in the second quarter, says Statistics Canada. Sales in food and d...

  • Canadian SMBs Report Strong Sales On Amazon

    Roughly 30,000 Canadian small- and medium-sized businesses (SMBs) grossed more than $1 billion on Amazon.ca in 2019, an increase of 40 per cent over 2018. They also sold more than 60 million products...

  • Home Sales Remain At Steady Pace

    New home sales within the Greater Toronto, ON, Area remained at a steady pace in October, says the Building and Land Development Association (BILD). Total new home sales for the month stand about even...

  • Campaign Spots Online Shopping Scams

    Better Business Bureau (BBB) and Facebook are launching ‘Shop Safe, Shop Smart,’ a campaign offering tips on how to spot scams when shopping online. The campaign will run ads weekly, cover...

  • AWI Merges With Arktura

    Armstrong World Industries, Inc. (AWI) has teamed with Arktura, designer and fabricator of ceilings, walls, partitions, and facades. “The Arktura team is widely celebrated for bridging the gap b...

  • ROCKWOOL Sales Decline

    ROCKWOOL had sales of €670 million in the third quarter of 2020, a decrease of 2.3 per cent over sales in the third quarter of 2019. EBITDA margin for the quarter was 21.7 per cent, up 1.6 percen...

  • Ontario Reforms Provincial Business Property Tax

    Ontario is reforming the province’s business property tax to support recovery from a virus-caused recession. Generally known as the Business Education Tax (BET), the new rate ensures no business...

  • Boxing Day No Longer Top Holiday Shopping Day

    Boxing Day is no longer the biggest shopping day of the year. Despite two-thirds of Canadians planning to shop for the holidays, 58 per cent of consumers are less inclined to venture out December 26,...

  • Number Of Home Renovations Higher Than Ever

    Home renovation projects in the U.S. rose significantly this year, with Millennials spending the most, says a survey by HomeAdvisor. “The average home services spending for households who took o...

  • CanGift Launches Ordering Platform

    The Canadian Gift Association (CanGift) is partnering with marketplace innovator Brandwise to create a digital wholesale ordering platform. With a strong focus on Canada’s gift and home dé...

  • Castle Awards $25,000 Summer Contest Prize

    Lori Noonan, of St. Catherine’s, ON, is the official winner of the Castle Building Centres Group Limited’s ‘2020 Weekend Warrior Contest.’ She had the opportunity to select her...

  • Husqvarna Acquiring Blastrac

    Husqvarna Group’s construction division plans to acquire Blastrac, a provider of surface preparation technologies for the global construction remediation industry. Services by Blastrac include s...

  • Ramjamaki Leads Canadian Business Development

    Erkki Ramjamaki is director of business development Canada, with a focus on Scala, at STRATACACHE, a retail marketing technology company. He has 26 years of experience, including roles at Canadian Tir...

  • Deere & Company Income Rises Five Per Cent

    Deere & Company had net income of $757 million for the fourth quarter of 2020, an increase of five per cent over net income of $722 million in the fourth quarter of 2019. Worldwide net sales and r...

  • Businesses Are Going Virtual

    Businesses are going virtual to continue operating, says a study by CIBC. With two-thirds (68 per cent) of Canadian business owners continuing to feel the negative impacts of COVID-19, owners are tryi...

  • Home Renos To Drive Insulation Market

    Global demand for residential insulation is forecast to rise 3.1 per cent per year to $15.6 billion in 2024, says a Freedonia Group analysis. Despite weak homebuilding activity in many markets, ‘Globa...

  • Simpson Strong-Tie Moves Warehouse To Larger Facility

    Simpson Strong-Tie, an engineered structural connectors and building solutions company, will relocate its warehouse facility in Eagan, MN, to Inver Grove Heights, MN, seven miles away. The warehouse h...

  • Masterbrand Cabinets Expands

    Masterbrand Cabinets is opening an 840,000-square-foot facility in Butts County, GA. The facility will act as a manufacturing and distribution hub for its product. Masterbrand distributes across North...

  • Castle Honoured On Wall Of Benefactors

    Castle Building Centres Group was recently honoured with recognition on the SickKids Hospital Donor Wall of Benefactors. The Wall of Benefactors is exclusive to those donors that have exceeded $300,00...

  • Renoworks Has Revenue Increase

    Renoworks Software Inc. had net income of $27,042 for the third quarter of 2020, an increase over a net loss of $219,941 in the third quarter of 2019. Revenue for the quarter was $1.41 million compare...

  • Sales Rising For eCommerce

    Retail eCommerce sales are on track to reach record levels in 2020 as new measures aimed at slowing the spread of COVID-19 have significantly affected how consumers make retail purchase...

  • Small Business Shows Resilience

    Canadian small and medium enterprises (SMEs) have shown incredible resilience throughout the pandemic, adopting new strategies to adapt to the changing business climate, says an American Express Canad...

  • U.S. Home Sales See Continued Gains

    Existing home sales in the U.S. climbed in October and have now demonstrated month-over-month gains for five consecutive months, says the National Association of Realtors (NAR). Total existing home sa...

  • Multi-location Dealer Joins TIMBER MART

    With two retail locations – one in Saint-Marc-des-Carrières and another in Quebec City – Matériaux Audet is the newest member to join TIMBER MART in Quebec. The multi-locatio...

  • Beacon Has Record Sales

    Beacon’s fourth quarter sales slipped 0.6 per cent to $2.018 billion. Profits in the quarter reached to a company record net income of $71.9 million compared to a net income of $27.4 billion in...

  • Retail Sales Increase For Fifth Month

    Retail sales rose 1.1 per cent to $53.9 billion in September, the fifth consecutive monthly increase since the record decline in April, says Statistics Canada. Core retail sales ‒ which excludes gasol...

  • Walmart To Use Focal Systems Shelf Cameras

    Focal Systems Inc., a provider of retail automation solutions, has expanded its partnership with Walmart Canada to deploy shelf cameras throughout its stores to provide automated detection of out-of-s...

  • Manitoba Toughens Restrictions

    Manitoba has further toughened restrictions meant to stem the spread of COVID-19. The province, which has the highest per capita infection rate in Canada is tightening the rules for social gatherings...

  • Pandemic Accelerates Payment Trends

    Evolving technology and payments innovation continues to transform the way Canadian consumers and businesses make payments, says Payments Canada's annual ‘Canadian Payments: Methods and Tren...

  • Consumers Value Safety Over Environment

    Although natural household care products will continue to be valued as healthy and sustainable options, the COVID-19 pandemic has caused a shift in priorities for Canadian consumers concerned about he...

  • Federal Brace Expands Wood Corbel Collection

    Federal Brace has expanded its Reinforced Wood Corbel Collection with new corbel designs. The collection will now include the Lincroft Wood Corbel and the Cumberland Wood Corbel. Dimensions of the Lin...

  • Piuze To Lead SJM Group

    Jean Piuze is president of SJM Group, a provider of racking systems, commercial shelving, and commercial millwork products. He has more than 30 years of experience in sales and production and has been...

  • Target Wins Market Share

    Target’s third-quarter net income rose to $1.01 billion, up from $714 million. The discount retailer won market share by turning shoppers’ pandemic habits into lasting gains. Buoyed by thi...

  • CPP Premium Hikes Will Challenge Small Business

    With one in three small businesses losing money every day they are open due to COVID-19, things are about to get even worse with an upcoming hike in Canada Pension Plan (CPP) premiums scheduled for Ja...

  • West Fraser To Acquire Norbord

    West Fraser Timber Co. Ltd. will acquire all of the outstanding common shares of Norbord Inc., the world's largest OSB producer. Following closing, the combined company will operate as West Fraser...

  • U.S. Builder Confidence Rises To Record Level

    In another sign that housing continues to lead the economy forward, U.S. builder confidence in the market for newly-built single-family homes increased five points to 90 in November, shattering the pr...

  • COVID Creating Mental Health Challenges

    Nearly two-thirds of Canadian business owners' say they are adjusting to the COVID-19 context (64 per cent), says a report from BDC, Canada's bank for entrepreneurs. Nearly one-third (29 per c...

  • Italian Tool Manufacturer Gains North American Presence

    Beta Tools USA is now the North American presence of Beta Utensili S.P.A., an Italian manufacturer of professional tools. Established in July to support U.S. and Canadian customers, Beta Tools USA is...

  • Schneider Electric Expands Work Light Line

    Schneider Electric has expanded its range of Mureva LED work lights and floodlights. Designed to meet the needs of homeowners and electricians, the Mureva range offers four easy-to-install LED floodli...

  • Flippin Appointed Chief Communications Officer

    Candace Steele Flippin is chief communications officer with Acuity Brands, Inc., a building management solutions and lighting manufacturer. She joins the company from First Horizon National Corporatio...

  • Spectrum Brands Has Strong Fourth Quarter

    Spectrum Brands Holdings, Inc. had net sales of $1.17 billion for the fourth quarter of 2020, an increase of 17.9 per cent over net sales of $993 million in the fourth quarter of 2019. Net sales in th...

  • IKEA Canada Has Steady Sales Performance

    IKEA Canada had a steady sales performance of $2.32 billion for the financial year ending August 31, despite the economic and public health challenges posed by COVID-19. Total sales decreased by 8.7 p...

  • Shoppers Prioritizing Local Business

    In the wake of the pandemic, Canadian shoppers are prioritizing support of local businesses – an act that will be carried forward into the holiday season, says a survey from Mastercard. It shows...

  • Most Canadians Will Pivot From Brands To Private Labels

    COVID-19 will disrupt the usual shopping attitudes and behaviours this holiday season. Ninety per cent of Canadians are choosing to shop outside their usual brands. Lokesh Chaudhry, EY Canada consumer...

  • Beauti-Tone Launches Nest Colour Card

    Beauti-Tone has launched the Nest Colour Card, its latest collection of hues for the home. The Nest Colour Card is a curated collection of its most loved colours. “Beautiful, bold colours are tr...

  • Atlas Engineered Products Has Profitable Quarter

    Atlas Engineered Products (AEP) had revenue of $9.68 for the third quarter of 2020, a 22 per cent increase over revenue of $7.9 million in the third quarter of 2019. The increase was driven by resilie...

  • Griffon Momentum Continues

    Griffon Corporation had revenue of $661 million in the fourth quarter of its fiscal 2020 year, an increase of 15 per cent compared to revenue of $574 million in the fourth quarter of 2019. The consume...

  • Thomas Named Country President

    Adrian Thomas is country president, Canada, for Schneider Electric, effective January 1, 2021. He brings over 20 years of experience in the electrical and automation industry to the role. Since 2016,...

  • Nairn Discusses Digital Strategy

    Iain Nairn, president and CEO of Hudson's Bay, is the keynote speaker at Retail Council of Canada’s (RCC) ‘In Conversation with Retail Leaders in Canada’ online event series. Nai...

  • Wholesale Sales Continue Momentum

    Wholesale sales grew 0.9 per cent to $66.2 billion in September and remained higher than February's pre-COVID-19 level for the third straight month, says Statistics Canada. In September, four subs...

  • Business Owners Not Prepared For Transition

    With ongoing uncertainty caused by the COVID-19 pandemic, more than a third (37 per cent) of business owners surveyed in Canada wish they could retire, transition, or sell their business but are not p...

  • Single-detached Housing Starts Lead Increase

    The trend in housing starts was 222,734 units in October, up from 214,372 units in September, says the Canada Mortgage and Housing Corporation (CMHC). Bob Dugan, CMHC's chief economist, says, &quo...

  • Home Depot Sales Up 23.2 Per Cent

    The Home Depot had sales of $33.5 billion for the third quarter of fiscal 2020, an increase of $6.3 billion or 23.2 per cent from the third quarter of fiscal 2019. Comparable sales for the third quart...

  • Health Crisis Affects Walmart Sales

    Walmart’s net sales and operating results continue to be affected by the global health crisis as increased demand for products across multiple categories led to strong top-line and gross margin...

  • Home Sales Remain Historically Strong

    National home sales continued running at historically strong levels in October 2020, says the Canadian Real Estate Association (CREA). National home sales edged back 0.7 per cent on a month-over-month...

  • TIMBER MART Virtual Platform Successful

    TIMBER MART’s endeavour to host its regional dealer meetings and annual negotiations with its vendor community safely and effectively amid COVID-19 on virtual platforms has been successful. &ldq...

  • Home Depot To Reacquire HD Supply

    Home Depot Inc. is buying building products distributor HD Supply Holdings Inc. The acquisition brings back together two companies that used to be under the same roof and will give Home Depot more exp...

  • Campaign Offers Shopping Tips For COVID Era

    The Retail Council of Canada (RCC) has launched its ‘Shop Early, Shop Safe’ campaign in collaboration with Cineplex and Interac to remind Canadians that a little planning will help ensure...

  • Maibec Acquiring Shingle Facility

    Maibec Inc. will acquire the Stave Lake Cedar Mills pre-finishing facility in Dewdney, BC, from Waldun Forest Ltd. As part of the acquisition, Maibec will also assume the assets and brand rights for S...

  • Sladoje Has New Role

    Steve Sladoje is chief operating officer with MaterialsXchange. He has more than 30 years of experience in exchange commodity trading platforms, most recently as chief operating officer of NASDAQ Futu...

  • eCommerce Exposure Drives Polymer Group Revenue

    Revenue for Intertape Polymer Group Inc. increased 10 per cent to $323 million for its third quarter ended September 30. The increase was primarily due to increased demand in products with significant...

  • Taiga Has Increased Sales

    Taiga Building Products Ltd. consolidated net sales for the three months ended September 30 were $500.7 million, an increase from $358.9 million over the same period last year. The increase in sales w...

  • Businesses Juggling Labour, Debt

    Although almost two-fifths of businesses had laid off staff since the start of the pandemic, around three-quarters expected to retain the same number of employees over the next three months and had th...

  • Consumers Shopping Early And Local For The Holidays

    Canadians may be spending less in some categories this holiday season, but they are eager to support local retailers and businesses while purchasing gifts for others and themselves, says a survey from...

  • Businesses Favour Tightening Public Health Restrictions

    More than half of Canadian businesses favour tightening public health restrictions, says research from the Business Monitor. The research says Canadian business leaders favour tightening public health...

  • Masco Subsidiary Purchases ‘Easy Drain’ Manufacturer

    A Masco subsidiary ‒ Hansgrohe SE ‒ has purchased a majority stake in the Dutch company Easy Sanitary Solutions (ESS) B.V., headquartered in Oldenzaal, The Netherlands. ESS is the inventor, developer,...

  • LaVigne To Lead Energizer

    Mark S. LaVigne is chief executive officer at Energizer Holdings, Inc., effective January 1, 2021. Currently, he is president and chief operating officer.

  • Clorox Has Strong Quarter

    The Clorox Company had net sales of $1,916 million for the first quarter of its fiscal 2021 year, an increase of 27 per cent over sales of $1,506 million in the first quarter of 2020. Sales were drive...

  • Settlement Charges Affect Masonite Earnings

    Masonite’s third-quarter sales increased six per cent to $588 million from third quarter 2019 sales of $552 million. However, it still posted a net loss of $22 million for the quarter compared t...

  • Consumers Still Wary Of In-store Shopping

    Consumers are concerned about shopping in-store this holiday season, says a survey by Sensormatic Solutions. The ‘2020 Holiday Consumer Survey’ found 65 per cent are concerned or very conc...

  • Quebec Leads Construction Activity Recovery

    Canadian construction activity continues to recover after an initial drop in the spring due to the COVID-19 pandemic, says Procore Technologies, Inc. Its ‘Construction Activity Index,’ whi...

  • Home Hardware Supports Nova Scotia Municipalities

    Home Hardware has set up a province-wide initiative in Nova Scotia in partnership with national non-profit Tree Canada to help municipal governments replace trees lost during Hurricane Dorian. The ini...

  • Cameron Ashley Acquires Martin Distributors

    Cameron Ashley Building Products, Inc. has acquired Martin Distributors, an Alexandria, LA-based distributor of building products including commodity and treated lumber, engineered wood, roofing, gyps...

  • Sansin Releases WoodForce Weathering System

    Wood protection company the Sansin Corporation has released WoodForce weathering system with Intermix colours that allow for customizable looks and effects. The WoodForce Intermix system is based on i...

  • Di Pasquale Joins BMR Group

    Antonio Di Pasquale has joined BMR Group as vice-president, supply chain and operational excellence. He has more than 20 years of experience in the field and previously was director, global supply cha...

  • HDI Has Record Third Quarter

    Hardwoods Distribution Inc. (HDI) had sales of $315.8 million for the third quarter of 2020, an increase of eight per cent compared to sales of $292.5 million in the same period in 2019. Acquired busi...

  • Boise Cascade Nearly Triples Income Increase

    Boise Cascade Company had net income of $103.2 million for the third quarter of 2020 an increase of 280 per cent compared with net income of $27.2 million for the third quarter of 2019. Sales for the...

  • Ontario Business Economic Outlook Poor

    In October, only 20 per cent of respondents to an Ontario Chamber of Commerce (OCC) survey expressed confidence in Ontario’s economic outlook. This is down two percentage points from September,...

  • Home Hardware Dealer Adds Store To Network

    A multi-store Home Hardware dealer has purchased Centre de Rénovation Pine Hill Inc. in Brownsburg-Chatham, QC. Hugues Nepveu and Isabelle Patry own and operate Home Hardware Building Centre lo...

  • Regal ideas Wins ‘2020 Davey Award’

    Regal ideas Inc., a manufacturer of aluminum railing systems, and creator of the DeckStars integrated marketing campaign, has received a ‘2020 Davey Award.’ The Davey Awards honours the be...

  • Tarkett Broadens Commitment To Carbon Neutrality

    Building on its long history of supporting the health of people and the planet, Tarkett North America is broadening its commitment to carbon neutrality and claims the largest collection of carbon neut...

  • Lee Valley Launches Contactless Shopping Capability

    Lee Valley Tools is taking its in-store COVID-19 precautions a step further with the launch of a mobile shopping tool, which incorporates the JavaScript edition of the Dynamsoft Barcode Reader. Integr...

  • LightSpeed To Acquire ShopKeep

    Lightspeed POS Inc., a provider of cloud-based, omnichannel commerce platforms, plans to acquire ShopKeep Inc., a cloud commerce platform provider based in New York City, NY. This acquisition reinforc...

  • Consumer Demand Bumps Brampton Brick Revenues

    Brampton Brick Limited had net income of $7.1 million for the third quarter of 2020, an increase over net income of $3.3 million in the third quarter of 2019. Revenues for the quarter increased to $52...

  • Leon’s Has Record Third Quarter

    Leon's Furniture Limited (LFL) had sales of $762.8 million for the third quarter of 2020, an increase of seven per cent over sales of $712.6 million in the third quarter of 2019. The company achie...

  • Hardware, Garden Lead August Retail Sales

    Retail sales reached $55.1 billion dollars in August, up 0.9 per cent compared with the same month a year prior, says Statistics Canada. This marked the third consecutive increase in year-over-year sa...

  • ACE Canada Forms Alliance With Sexton Group

    ACE Canada, a division of Peavey Industries LP, has formed a formal business arrangement with buying group Sexton Group Ltd. At the core of this strategic alliance is a joint supply agreement between...

  • Lowe’s Cos. Responds To Rumours

    Lowe's Cos. Inc. says it is not in talks to buy construction materials supplier HD Supply Holdings Inc. In a statement, it says, “Lowe’s is not in discussions with HD Supply and we hav...

  • CanWel Acquires Island Truss

    CanWel Building Materials Group Ltd., through its Honsador Group of Companies, has acquired the truss design and manufacturing plant and related equipment and business, formerly owned by Vickers Islan...

  • Calhoun Launches Two Product Lines

    Calhoun Super Structure has launched two new product lines – a side entry (SE) line of building profiles and a gable (GB) line of building profiles. The SE line consists of five profiles ranging...

  • Gaudreau Joins MaterialsXchange

    David Gaudreau is director of sales with MaterialsXchange. Previously, he was with Sherwood Lumber, where he served as senior vice-president of sales.

  • Consumer Sales Drive Scotts Miracle-Gro Sales

    Sales at Scotts Miracle-Gro Company jumped 79 per cent to $890.3 million in the fourth quarter from sales of $497.7 million in the fourth quarter of 2019. U.S. consumer sales rose 90 per cent in the q...

  • Trex Has Strong Residential Sales

    Trex had an increase in third-quarter consolidated net sales of 19 per cent to $232 million from sales of $195 million in the third quarter of 2019. Residential products sales were up 20 per cent to $...

  • Home Hardware Dealers Purchase Quebec Building Centre

    Three Home Hardware dealers have partnered together to purchase a Home Hardware Building Centre location in Saint-Lin-Laurentides, QC. Louis Turcotte, Daniel Gervais, and David Blair own and operate m...

  • BMR Group Adds Flexible Fulfillment Capabilities

    BMR Group, a chain of hardware stores spanning five Canadian provinces, has diversified shopping experiences during the pandemic by adding flexible fulfillment capabilities through remote implementati...

  • Waterloo Has Record Home Sales

    The real estate market in Waterloo Region, ON, saw home sales set a record for the fourth straight month. Statistics from the Kitchener-Waterloo Association of Realtors (KWAR) for October show 691 res...

  • Stelpro Group Acquires Flextherm

    The Stelpro Group, owner of Stelpro, a North American electric heating company, has acquired Flextherm, a manufacturer of electric floor heating. Flextherm was founded in 1991 by Philippe Charron, who...

  • U.S. Laboratory Develops Transparent Wood

    The Forest Products Laboratory (FPL) at the U.S. Department of Agriculture has developed a transparent wood that may be what it calls the "window of tomorrow." FPL, in collaboration with the...

  • Jeld-Wen Third Quarter Income Rises

    Jeld-Wen had third quarter net revenue of $1.113 billion, an increase of 1.9 per cent from revenue of $1.092 billion for the same period last year. It posted net income of $25.5 million, a 50 per cent...

  • OSB Leads LP Sales

    Third quarter net sales for Louisiana-Pacific Corporation (LP) rose 32 per cent to $795 million from net sales of $603 million in the third quarter of 2019. It also posted a net income of $177 million...

  • Ontario Proposes Home Improvement Tax For Seniors

    The Ontario government has proposed a temporary home improvement tax credit for seniors in its 2020 Ontario budget. The credit would allow seniors to stay in their homes for longer during the COVID-19...

  • Prices Increase For Residential Building Construction

    Prices for residential building construction rose 2.4 per cent in the third quarter, the largest gain since the index was introduced in the first quarter of 2017, says Statistics Canada. All census me...

  • October GTA Real Estate Market Breaks Records

    Ontario’s Greater Toronto Area (GTA) real estate market had another record-breaking month in October. The Toronto Regional Real Estate Board says 10,563 homes were sold during the month, a 25.1...

  • CanWel Has Record Third Quarter

    CanWel Building Materials Group Ltd. had consolidated revenues of $472.2 million for the third quarter of 2020, up 26.5 per cent over consolidated revenues of $373.1 million for the third quarter of 2...

  • OSB Prices Help Norbord Earnings

    Norbord Inc. had an adjusted EBITDA of $322 million for the third quarter of 2020 compared to $84 million in the second quarter of this year and $33 million in the third quarter of 2019. The increase...

  • Homeowners Improving Homes During Pandemic

    Renovation service requests through HomeStars showed a 17 per cent increase between March and October compared to the same period last year. Its annual ‘Reno Report’ shows 50 per cent of t...

  • eCommerce Drives Canadian Tire Corporation Sales

    With strong in-store and eCommerce performance, Canadian Tire Corporation, Limited delivered comparable sales growth of 18.9 per cent in the third quarter of this year compared to the same period last...

  • BMR Group Gets New Members

    BMR Group has two new members ‒ Chaleur Building Supplies in Beresford, NB, and a second store for G. Doyon Renovation Centre to open in Sherbrooke, QC. Chaleur Building Supplies has been part of the...