• Business Owners Fear The Next Generation Is Not Ready

    A majority (51 per cent) of business owners worry that the next generation is not ready to take over the family business, says a report by the Family Enterprise Foundation. However, more than 60 per c...

  • ONCAP Completes Bradshaw Home Sale

    ONCAP, the mid-market private equity platform of Onex Corporation, has completed the sale of Bradshaw Home to Arbor Investments, a specialized private equity firm that focuses exclusively on investing...

  • Fulgor Milano Expands To North America

    Fulgor Milano, an Italian appliance manufacturer, has expanded its brand to North America, specifically the U.S. and Canada. “Our appliance architects and craftsmen continue to develop products...

  • Favourable AUV Drives Armstrong Sales

    Armstrong World Industries, Inc. had consolidated net sales of $292.2 million for the third quarter of 2021, an increase of 18.6 per cent over net sales of $246.3 million in the third quarter of 2020....

  • Government Makes Changes To Pandemic Programs

    The federal government will not extend two key pandemic programs, the Canada Recovery Benefit and the Canada Emergency Wage Subsidy, past October 23, 2021, says a Hicks Morley ‘FTR Now.’ T...

  • Spending On Renovations Continues To Climb

    Following the reopening of the economy after more than a year of the pandemic, Canadians still chose to allocate their finances to invest in home renovations, says a study by Simply Group, a non-bank...

  • Digital Drives Growth

    Canadian small- and medium-sized businesses (SMBs) have found going digital drives business growth. A survey by KPMG LLP says 82 per cent of SMBs recognize they need to be much more digitally integrat...

  • ‘Bourbon’ Owen Corning’s 2022 Shingle Colour

    Owens Corning has named ‘Bourbon’ as its ‘2022 Shingle Colour of the Year’ (SCOTY) and the newest colour in the company’s TruDefinition Duration Designer Colors Collectio...

  • Rioux Retires

    Daniel Rioux, regional director of member services (RDMS) for Quebec with TIMBER MART, has retired. He has been with the buying group for 13 years and part of the building material and hardware indust...

  • All Provinces See Retail Sale Gains

    Retail sales were up 2.1 per cent to $57.2 billion in August, led by higher sales at food and beverage stores (4.8 per cent), gasoline stations (3.8 per cent), and clothing and clothing accessories st...

  • Gibson Building Supplies Joins Sexton Group

    Gibson Building Supplies will join Sexton Group’s network of members on November 1. The dealer is an independently owned Canadian company providing a large selection of roofing and exterior buil...

  • Dupont To Acquire ArmorWall

    Dupont Performance Building Solutions plans to acquire the ArmorWall business from MaxLife Industries. With this acquisition, ArmorWall Fire-Rated Structural Insulated Sheathing will become one of Dup...

  • Deaton Promoted At Home Depot

    John Deaton will be executive vice-president of supply chain and product development, effective November 1. He is a 14-year veteran of the company, and brings a wealth of experience after serving in s...

  • PPG Has Strong Third Quarter

    PPG had net sales of $4,372 million for the third quarter of 2021, an increase of 19 per cent over net sales of $3,685 million in the third quarter of 2020. Sales were impacted by supply disruptions a...

  • Canadians Optimistic Going Into Holiday Season

    While COVID continues to impact lives, people have adapted well and are looking forward to returning to their pre-pandemic holiday traditions wherever possible: in-person celebrations, shopping at bri...

  • Supply Issues Lower Quebec Home Sales

    The province of Quebec had 22,333 residential sales transactions in the third quarter of 2021, a sharp 30 per cent drop compared to the third quarter of 2020 when there was a historic rebound in sales...

  • Alberta Central Offers Small Business Grants

    Alberta Central, the central banking facility, service bureau, and trade association for Alberta’s credit unions, has launched its second ‘Big Future Innovation Grant,’ which provide...

  • Walmart Tests Text Shopping

    Walmart’s global tech team and Store No8 – its retail development arm – are beta testing text-to-shop capabilities in select locations. It is currently trying to identify when and ho...

  • EZShop Hosts Training Day For Retailers

    EZShop is holding ‘eCom Day,’ featuring speakers such as Tarek Riman, author and professor; Cat Ong, photographer at Cliick agency; Yonika Brault, social media director at EZShop; and Adri...

  • Sales Worsened Since COVID Onset

    Sales for 43 per cent of Canadian small businesses have worsened since the onset of COVID-19, says Payments Canada. Additionally, when it comes to access to funding, 21 per cent report it had worsened...

  • Changes Making Homes Better

    In 2021, Canadians are making changes to their homes and gardens to feel more positive about their homes, says the ‘IKEA Life at Home’ report. Sixty per cent of people have made a change t...

  • Retail Forum Focuses On Western Canada

    The Retail Council of Canada’s ‘2021 Retail West Forum’ will dive into the latest consumer trends, innovative strategies, and best practices in modern retail – catered to the w...

  • UFP Has Strong Quarter

    UFP Industries, Inc. had net sales of $2.1 billion for the third quarter of 2021, a 41 per cent increase over net sales of $1.5 million in the third quarter of 2020. The results were partially driven...

  • Full Economic Production Will Likely Return Mid-2022

    Disruptions due to port closures, factory shutdowns, product halts, and labour shortages will likely delay return of full production until mid-2022, says a report by RSM Canada. Imports from China, Ca...

  • RONA Buying Show To See Record Participation

    More than 500 registered participants from nearly 200 RONA affiliated dealer stores will be participating in the second virtual ‘RONA Buying Show,’ presented by Lowe’s Canada, a reco...

  • Garden Equipment Sales May Level Off

    Sales of power lawn and garden equipment rose by more than 10 per cent in 2020, spurred by behavioural changes under government-imposed lockdowns and social distancing protocols, says a report from Fr...

  • Sinopé Technologies Teams With BC Hydro

    Sinopé Technologies, a Canadian thermostat manufacturing company, has partnered with BC Hydro to offer deals on smart thermostats. For one month as of October 12, BC Hydro will reimburse custom...

  • Maintenance Products Drive WD-40 Growth

    WD-40 Company had total net sales of $115.2 million for the fourth quarter of fiscal 2021, an increase of three per cent compared to net sales of $111.6 million for the fourth quarter of fiscal 2020....

  • Housing Starts Trend Lower

    The trend in housing starts was 271,068 units in September, down from 284,757 units in August, says the Canada Mortgage and Housing Corporation (CMHC). "Single-detached and multi-family seasonall...

  • Small Business Owners Optimistic

    The leaders of Canada's small- and medium-sized businesses (SMBs) are feeling optimistic about their prospects for the next three years and about the state of the Canadian and global economy, says...

  • Caesarstone Releases ESG Report

    Caesarstone Ltd., a surface manufacturer, is continuing its ongoing efforts to act on environmental and social topics to create a greener and safer future for its employees, customers, partners, and c...

  • Battery Designed For Tight Spaces

    DEWALT’s POWERSTACK 20V MAX Compact Battery is a pouch cell battery designed for the construction industry. It has 50 per cent more power than the company’s other battery offerings, enabli...

  • Liteline Expands Team

    Campbell Douglas is OnCloud/IoT – sales and support specialist with Liteline. Previously, he worked in the residential and commercial space in the electrical, manufacturing, and property managem...

  • Construction Supply Demand Benefits Fastenal

    Fastenal Company had net sales of $1,554.2 million for the third quarter of 2021, a 10 per cent increase over net sales of $1,413.3 million in the third quarter of 2020. The increase was a result of d...

  • Wholesale Trade Increases

    Sales in the wholesale trade sector rose 0.3 per cent in August to $70.3 billion, the first increase following two months of declines, says Statistics Canada. The sales of food, beverage, tobacco, bui...

  • Lee Valley Tools Warns Canadians To Holiday Shop Early

    Canadian retailer Lee Valley Tools is warning Canadians to holiday shop early this year due to supply-chain concerns. Although things are heading back to normal, the retailer warns that suppliers can&...

  • BIPOC Business Owners Have Seen Improvement

    Canadian small-business owners are optimistic about their future, says Scotiabank's second annual ‘Path to Impact Report.’ Over half (54 per cent) of small business owners feel they ar...

  • IKEA Canada Opens Ontario Design Studios

    IKEA Canada has expanded its Design Studio network in Ontario with locations in Brampton, St. Catharines, and London. The Design Studio will allow customers to design and order complex home furnishing...

  • Manufacturing Sales See An Increase

    Following a 1.2 per cent decline in July, manufacturing sales increased 0.5 per cent to $60.3 billion in August, says Statistics Canada. Although sales of petroleum and coal (up 7.3 per cent), chemica...

  • Class Action Lawsuits Against Numerous Banks

    Class action lawsuits have been brought against Visa, Mastercard, and several banks that issue credit cards. The lawsuits are on behalf of all merchants in Canada who accept those credit cards. The la...

  • Residential Unit Sales See Decrease

    A total of 9,164 residential unit sales were recorded by the Multiple Listing Service (MLS) in September, a decrease of 19.9 per cent from September 2020, says the British Columbia Real Estate Associa...

  • Small Businesses Optimistic About Future

    With vaccination rates continuing to increase and as employees gradually settle into new routines, many businesses are looking for opportunities to get back to growth, with 82 per cent of small busine...

  • Shipping Key Factor In Supply Chain Disruptions

    There are 1.3 times more goods being shipped from Asia to Canada since pre-pandemic, says Linda Seymour, president and chief executive officer at HSBC Bank Canada at a Canadian Club Toronto webinar, &...

  • Lowe’s Canada Launches Cabinet Collection

    Lowe’s Canada has launched its Eklipse collection, a pre-assembled set of Canadian cabinets that are easy to install and designed for different rooms in the house. The cabinet collection is prod...

  • Investment in Building Construction Drops

    Investment in building construction decreased two per cent to $17.7 billion in August, the fourth consecutive monthly decline, says Statistics Canada. Furthermore, residential construction investment...

  • Weak Business Investment Preventing Economic Growth

    Ontario has experienced weak business investment over the past two decades with one of the lowest growth rates in the country, says a study by the Fraser Institute. “The decline of Ontario&rsquo...

  • Ontario Invests In Woodworking Company

    Guide Woodworking is investing nearly $300,000 in a new machining centre at its Mississauga, ON, facilities with support of nearly $75,000 from the Ontario Together Fund. The investment will help the...

  • mdf Launches Omnichannel Payment Software

    mdf commerce inc., a provider of SaaS commerce technology solutions, has launched the k-eCommerce Integrated Payment solution (KIP), an omnichannel payment processing software. This digital solution o...

  • Zebra Technologies Completes Antuit.ai Acquisition

    Zebra Technologies Corporation has completed its acquisition of antuit.ai, a provider of artificial intelligence (AI)-powered Software-as-a-Service (SaaS) solutions specific to forecasting and merchan...

  • Metsä Wood Designs Hybrid Wall Element

    Metsä Wood and its partners have designed a hybrid sandwich wall element, which will renew offsite construction. The innovation combines concrete with Kerto LVL (laminated veneer lumber), with th...

  • Kinser Named VP Operations

    Timothy R. Kinser is vice-president – operations at RPM International Inc. Previously, he was vice-president – procurement. He joined the company in 2007 at its subsidiary, DAP Products In...

  • Canadians Plan To Increase Holiday Spending

    Canadian consumers indicate an improvement with their personal finances, growing economic confidence, and plans to significantly increase their holiday spending, says PWC’s ‘Canadian holid...

  • SMBs Borrowing At Same Rate

    The majority (89 per cent) of small- to medium-sized businesses (SMBs) are borrowing from their financial service providers at the same rate as they were before the pandemic began, says a study by Car...

  • West Fraser To Acquire U.S. Lumber Mill

    West Fraser Timber Co. Ltd. plans to acquire the Angelina Forest Products lumber mill located in Texas. The transaction is anticipated to close following completion of U.S. regulatory reviews and sati...

  • GhostRetail Launches Video Shopping Platform

    GhostRetail has launched a 1:1 live video shopping platform that creates an in-store experience online, driving significant, scalable growth for enterprise retailers through a personalized, guided co-...

  • Ladder Extension Allows Smooth Transition

    Werner’s Extension Ladder WalkThru is a ladder accessory that allows users to make an ergonomic transition area from extension ladder to roof. The product allows the user to step directly from t...

  • Employment Returns To Pre-pandemic Levels

    Employment returned to its February 2020 level in September, increasing by 0.8 per cent, says Statistic Canada’s ‘Labour Force Survey.’ The September employment rate was 60.9 per cen...

  • Strong Growth Forecast For Global Ceiling Tiles Market

    The global market for ceiling tiles was estimated at US$6.1 billion in 2020 and is projected to reach a revised size of $9.9 billion by 2026, growing at a compound annual growth rate (CAGR) of eight p...

  • 2020 Acquires FeneTech

    2020, a provider of applications and enterprise solutions dedicated to interior design, space planning, and furniture manufacturing, has announced the acquisition of FeneTech, Inc., a software provide...

  • DEWALT To Debut Charging Kit And Cutter

    DEWALT is launching a USB Charging Kit and 20V MAX XR Brushless Wire Mesh Cable Tray Cutter. The charging kit utilizes power delivery technology to rapidly charge a range of devices in a compact and p...

  • July Retail Sales Continue Rise

    Retail sales reached $60 billion in July, an increase of 5.2 per cent month-over-month, says Statistics Canada. Sales were led by automotive and household fuels, increasing 35.7 per cent from August 2...

  • Toronto Fall Home Market Busier Than Ever

    September real estate sales increased relative to August and were the third-highest mark on record for Toronto, ON, for the month, says the Toronto Regional Real Estate Board (TRREB). Compared to last...

  • Home Depot Teams With Walmart

    The Home Depot has teamed with Walmart GoLocal to expand same-day and next-day delivery capabilities for home improvement customers. The Home Depot will offer delivery with Walmart GoLocal in select U...

  • Canfor Makes Leadership Changes

    Pat Elliott is chief financial officer (CFO) for Canfor and Canfor Pulp and will also retain his responsibilities as senior vice-president of sustainability. He has been an executive on Canfor's f...

  • Richelieu Hardware Has Strong Quarter

    Richelieu Hardware Ltd. had sales of $373.3 million in the third quarter of 2021, up 20 per cent over sales in the third quarter of 2020 – 5.9 per cent from acquisitions and 14.1 per cent intern...

  • Consumers Want Quick, Easy Customer Care

    Digital and unassisted channels continue to rise as consumers look for quick and easy customer care, says a survey by Hinduja Global Solutions (HGS), a business process management company. Only 10 per...

  • Vancouver Has Elevated Home Sale Activity

    Elevated home sale activity in September continued to outstrip the supply of homes in Metro Vancouver, BC, says the Real Estate Board of Greater Vancouver (REBGV). Residential home sales in the region...

  • Canfor Commits To Sustainability And Social Issues

    Canfor Corporation has announced its commitment to sustainable forestry; a stronger focus on safety; health, wellness, inclusion, and diversity amongst employees; and strengthening partnerships with I...

  • Ace Hardware Moves Up To Franchise List

    Retailer-owned hardware cooperative Ace Hardware moved up from the number five to the number four position in the annual ‘Franchise Times Top 400 List.’ The list is a ranking of the 400 la...

  • Eddy Joins Rinnai

    Renee Eddy is vice-president of Innovation with Rinnai America Corporation.  Most recently, she was director of innovation, methods, and operations at Eaton.

  • RPM Has Good Quarter Despite Challenges

    RPM International Inc. had net sales of $1.65 billion for the first quarter of fiscal 2022, an increase of 2.7 per cent compared to net sales of $1.61 billion in the first quarter of fiscal 2021. Firs...

  • Retailers Must Use Consumer Data Effectively

    Retailers must leverage the wealth of customer-generated data to keep pace with the constantly changing customer requirements, says a paper by Frost & Sullivan, a market research company. ‘E...

  • Small Businesses Lose Confidence

    Small business confidence fell steeply in September, says a report by the Canadian Federation of Independent Business (CFIB). The three-month outlook dropped more than 12 points to 43.2, while the 12-...

  • JDS Building Supply Joins TORBSA

    JDS Building Supply, located in Saskatoon, SK, has joined TORBSA Ltd. as a shareholder member. JDS was founded in 2018 by Justin Scheuer. The business focuses on servicing the commercial and residenti...

  • Epicor To Acquire Decor Technology Company

    Enterprise software company Epicor plans to acquire CBC Computer Systems and its Decor Fusion point-of-sale software for paint and decorating retailers. The acquisition will complement and strengthen...

  • EUROSTYLE Implements 3D Design Tool

    EUROSTYLE, a designer and manufacturer of European-style kitchen and bathroom cabinetry has partnered with enterprise solutions firm 2020 to add a 3D design tool for its customers to design kitchens a...

  • Residential Permits Continue Downtrend

    The total value of building permits in Canada decreased 2.1 per cent to $9.7 billion in August, says Statistics Canada. Although most provinces reported increases, notable declines in Ontario and Brit...

  • Fraser Valley Home Sales Remain Robust

    Demand for Fraser Valley, BC, real estate remained robust in September. While overall sales decreased compared to August, total sales reached the second-highest levels for the month of September in th...

  • Caesarstone Launches Design, Estimating Tool

    Caesarstone, a manufacturer of engineered quartz surfaces, has strengthened its support for retail partners with its Caesarstone Connect platform, an integrated online estimator and project management...

  • Small Businesses Need More Support

    Despite pandemic support programs from financial institutions and governments, over half of small businesses feel that they are not supported, says a survey by Equifax Canada. Fifty-two per cent of Ca...

  • U.S. Consumers Spending Despite Low Confidence

    Despite falling consumer confidence numbers amid the recent rise in COVID-19 infections, U.S. shoppers are continuing to spend, says the National Retail Federation (NRF). “With consumer spending...

  • Sherwin-Williams To Acquire Specialty Polymers

    Sherwin-Williams will acquire Specialty Polymers, Inc., a manufacturer and developer of water-based polymers used in architectural and industrial coatings. "In addition to Specialty Polymers'...

  • DEWALT Expands ATOMIC Compact Series

    DEWALT has added to its ATOMIC Compact Series 20V MAX portfolio the 20V MAX ¼-inch Three-Speed Impact Driver, 20V MAX 1/2-inch Impact Wrench with Hog Ring Anvil, 20V MAX ½-inch Impact Wr...

  • Slow Digital Sales Impact Bed Bath & Beyond Earnings

    Bed Bath & Beyond Inc. had net sales of $1.98 billion for the second quarter of fiscal 2021, a decrease of 26 per cent over net sales of $2.69 billion in the second quarter of fiscal 2020. Compara...

  • Raw Material Shortage Challenging Coatings Industry

    The persistent and industry-wide raw material availability constraints and pricing inflation have worsened and are not expected to improve this year, creating challenges for the coatings industry. Man...

  • Pandemic-driven Trends, Expectations Here To Stay

    Digitally-enabled experiences, health and wellness protocols, and the rise of socially- and locally-conscious consumers will affect small businesses' playbook for success in the next year, says a...

  • Signed Contracts Rise For Existing U.S. Homes

    Signed contracts to buy existing homes in the U.S. increased 8.1 per cent month-to-month in August as buyers encountered higher inventory and slightly more favourable prices, says the National Associa...

  • SOPREMA Recycles Polystyrene For Manufacturing Use

    SOPREMA will recover polystyrene collected in the municipality's two eco-centres in Sherbrooke, QC. This agreement will make it possible to recover approximately 18 tonnes of material annually, wh...

  • Home Depot Canada Foundation Combats Youth Homelessness

    The Home Depot Canada Foundation has launched TradeWorx, a targeted investment to combat youth homelessness by creating opportunities for career education and skilled trades training. Through its init...

  • Microsite Features Stainless Steel Fasteners

    Simpson Strong-Tie has implemented a tool to help its customers find stainless steel products for building in wet, exterior, and other corrosive environments. For the first time, the company has broug...

  • Renovations Not Influenced By Pandemic

    Only one third of Canadian homeowners said COVID-19 influenced their decision to renovate, says the ‘HomeStars 2021 Reno Report.’ Although it was widely believed that pandemic lockdowns ha...

  • Entrepreneurial Drive Remains Strong

    The rapidly evolving small business landscape has hardly detracted Canadian entrepreneurs from turning their ideas into reality, says a poll from RBC. While business ownership may have started for a v...

  • Home Hardware Supports Families In Need

    Home Hardware Stores Limited staff and community volunteers are harvesting hundreds of pounds of produce from the Home Hardware Community Garden to help families most in need as a result of the pandem...

  • Big Turnout For Ace Hardware Convention

    Ace Hardware reported a successful convention held September 21 to 23 in Orlando, FL. The convention had over 10,000 total attendees and provided a space for Ace employees to plan business, take advan...

  • Attachment Reduces Dust

    Festool’s MX – A Dust Attachment limits exposure to dust when filling and mixing powder-like materials. The MX extraction system is clamped onto the edge of the mixing bucket so that the d...

  • Consumers Remain Positive About Financial Outlook

    Canadian consumers continue to demonstrate resiliency and remain positive about their financial outlook as the economy reopens, says a TransUnion ‘Consumer Pulse’ study. It shows over half...

  • U.S. Residential Starts Increase

    For August, total residential starts in the U.S. shot up 12.3 per cent year-over-year from 1.416 million to a seasonally adjusted annual rate of 1.615 million, says Madison's Lumber Reporter. Also...

  • Lowe’s Canada Launches Same-Day Delivery

    Lowe’s Canada is launching a same-day delivery service in over 140 Lowe’s, RONA, and Réno-Dépôt corporate stores across the country, mainly concentrated in major urban...

  • Wilsonart Adds To THINSCAPE Line

    Wilsonart’s THINSCAPE Performance Tops are European-inspired, ultra-thin countertops offered in sun-drenched designs. The product is designed to offer a casual, comfortable appearance that still...

  • Canadian Retail Sales Not Out Of The Woods Yet

    Retail sales for the second quarter of 2021 came down from recent highs, indicating that the second quarter rebound is over, says Ed Strapagiel, a retail consultant. In fact, the quarter only looked a...

  • Home Hardware Hosts ‘2021 Virtual Fall Market’

    Home Hardware’s ‘2021 Virtual Fall Market’ is on now to October 4. The market is an online trade show where Home Hardware dealers and store staff have an opportunity to learn about t...

  • DULUX Paints Releases Its 2022 Colour Of The Year

    DULUX Paints by PPG has made ‘Olive Sprig’ its 2022 Colour of the Year. The colour is described as a comforting sage green that emits a sense of calm and tranquility, reflecting consumers&...

  • Hino Canada Launches 2023 Hino XL-Series

    Hino Motors Canada (HMC) will start production on its 2023 model year Hino XL-Series class 8 trucks at its assembly facility in Woodstock, ON, in the spring of 2022. The 2023 Hino XL8 will be offered...

  • Strong Growth Forecast For Composite Doors And Windows

    Amid the COVID-19 crisis, the global market for composite doors and windows estimated at US$1.1 billion in 2020, is projected to reach a revised size of $1.4 billion by 2026, growing at a compound ann...

  • Costco Fourth Quarter Sales Rise

    Costco Wholesale Corporation had net sales of $61.44 billion for the fourth quarter of its fiscal 2021 year, an increase of 17.5 per cent over net sales of $52.28 billion in the fourth quarter of 2020...

  • DIFM Trend Rises In Growing Home Improvement Market

    The global home improvement market is expected to reach around US$1,975 billion by the end of 2026, growing at a compound annual growth rate (CAGR) of over 5.63 per cent during the forecast period, sa...

  • August U.S. Home Sales Rise Modestly

    Sales of new homes in the U.S. rose modestly in August as rising prices continue to sideline potential buyers, says the U.S. Commerce Department. Sales of news homes rose 1.5 per cent reaching a seaso...

  • ‘Cool Current’ Is SICO Paint’s 2022 Colour

    SICO paint brand by PPG has selected ‘Cool Current’ as its 2022 Colour of the Year. Described as a sophisticated, grounded, versatile, and highly adaptable grey-green, Cool Current mimics...

  • Cornerstone Makes Changes

    Brigette Gage is senior vice-president, supply chain with Cornerstone Building Brands, Inc. Previously, she was sourcing director of the digital technology centre of excellence for Baker Hughes. Keith...

  • Retail Sales Continue Drop

    Retail sales fell 0.6 per cent to $55.8 billion in July, the third decrease in four months, says Statistics Canada. The decline was primarily driven by lower sales at food and beverage stores (down 3....

  • U.S. Home Sales Cool

    Existing U.S. home sales fell two per cent to a seasonally adjusted 5.88 million units in August month-over-month, says the National Association of Realtors (NAR). Also, results exceeded analyst expec...

  • BeautiTone Launches ‘Rethink Colour’ Campaign

    BeautiTone has launched a brand campaign called ‘Rethink Colour.’ The campaign aims to inspire Canadians to challenge their perception of colour by questioning why things are coloured cert...

  • Simpson Strong-Tie Adds Fire Rating Standards

    Simpson Strong-Tie’s RTUD and ATUD take-up components of its Strong-Rod anchor tiedown and uplift restraint systems are now UL listed as through-penetration firestop solutions when used in conju...

  • SICIS To Exhibit At Cersaie

    After a forced pause of one year ‘Cersaie,’ an international surface, covering materials, and bathroom furnishings trade exhibition, will reopen its doors September 27 in Bologna, Italy. D...

  • Gardening Trends Boost Pesticide Sales

    Increased home gardening activity and commercial investment in greenspaces like office gardens will boost global demand for pesticides, says a report from the Freedonia Group. Global demand for formul...

  • Home Hardware Celebrates National Tree Day

    Home Hardware Stores Limited and Tree Canada will celebrate the 10th National Tree Day by planting hundreds of trees and shrubs at different locations across Canada, 32 Home Hardware locations partici...

  • PORTER-CABLE Teams With Tractor Supply Company

    PORTER-CABLE, a portable power tool brand, and U.S.-based Tractor Supply Company have partnered to make PORTER-CABLE products more accessible through Tractor Supply's growing national footprint. B...

  • SMBs Turn To Retail Analytics

    Increasing demand to understand consumer buying behaviour among retailers is boosting the use of retail analytics industry statistics with a strong adoption rate forecast for small- to medium-size bus...

  • Giant Tiger Opens Additional Niagara Location

    Giant Tiger Stores Limited will open a second store in Niagara Falls, ON. The grand opening of the 18,700-square-foot store will take place September 25. It will be stocked with home and family fashio...

  • Brick-and-mortar Not Dying But Evolving

    Forty-eight per cent of consumers still prefer in-store shopping, says a study by Raydiant, a digital signage and experience platform provider. The majority (82 per cent) say a positive in-location ex...

  • Strong Demand Forecast For Home Services

    Global demand for home care and design services is projected to grow at a 48.1 per cent compound annual growth rate through 2027, says Research and Markets. In Canada, demand for construction and main...

  • West Fraser Adjusts Output

    Due to wildfires in British Columbia, slowing orders for forest products, constraints on the availability of resins used in the manufacture of panel products, transportation service interruptions, and...

  • LG Expands Dishwasher Line

    LG Electronics Canada (LG) has rolled out updated models of its LG QuadWash dishwashers with TrueSteam. Packed with advanced cleaning technologies, the updated line of Wifi-enabled, smart dishwashers...

  • Houle Leads Sollio

    Pascal Houle is chief executive officer of Sollio Cooperative Group. He has been part of the Sollio network since 1998, most recently as chief operating officer of the group as part of the company&rsq...

  • Building Construction Investments Went Down In July

    Investment in building construction was down 1.7 per cent to $18.1 billion in July, says Statistics Canada. Also, residential construction investment was down 2.6 per cent, a third consecutive monthly...

  • August U.S. Retail Sales Rise Despite Challenges

    U.S. retail sales increased during August as consumer demand outweighed the pandemic, supply chain disruptions, and other factors affecting spending, says the National Retail Federation. “Retail...

  • Stanley Black & Decker Launches Training Grants

    Stanley Black & Decker is launching a five-year, up to $25 million commitment to fund vocational skills training and re-skilling programs in the construction and manufacturing sectors. Beginning O...

  • Wholesale Sales Decline

    Wholesale sales fell 2.1 per cent in July, the largest decline since April 2020, says Statistics Canada. Quebec led the declines, accounting for over three-quarters of the drop in national wholesale s...

  • Housing Starts Trend Lower

    Housing starts in August stood at 283,971 units, down from 286,076 units in July 2021, says the Canada Mortgage and Housing Corporation (CMHC). In August, both single-detached and multi-family seasona...

  • Consumer Habits Have Changed

    Consumer habits have forever changed since the pandemic began, says Eric Morris, managing director and head of retail at Google Canada, at the ‘RCC STORE Conference 2021.’ Just under 13 pe...

  • JRTech Solutions Provides ESLs

    JRTech Solutions is now the exclusive provider of electronic shelf label solutions (ESLs) for Castle Building Centres Group. “Based on our past experience, we expect over 150 Castle members to b...

  • Stanley Black & Decker To Acquire Excel Industries

    Stanley Black & Decker plans to acquire Excel Industries, a designer and manufacturer of commercial and residential turf care equipment under the brands of Hustler Turf Equipment and BigDog Mower...

  • DEWALT Discontinuing 18V NiCad Battery

    DEWALT is encouraging current 18V NiCad battery platform users to make the switch to its 20V MAX system as remaining 18V NiCad batteries will be phased out of the DEWALT portfolio. Supply of DEWALT 18...

  • Housing Market Faces Uncertainty

    Record levels of international immigration, low interest rates, and an increasingly middle-aged Millennial cohort have together fuelled a strong household formation and housing demand in Canada, says...

  • Employee Wellbeing Beyond Health Benefits

    Employee wellbeing has evolved from solely about health benefits and absence of illness to optimizing the health of all employees physically, in their career, socially, financially, in their community...

  • Spectrum To Sell Home Improvement Segment

    Spectrum Brands Holdings, Inc. plans to sell its hardware and home improvement segment (HHI) segment to ASSA ABLOY. The transaction will simplify the Spectrum Brands business around three business uni...

  • Kevin Guest Joins TIMBER MART

    Kevin Guest is regional director of member services for Atlantic Canada at TIMBER MART, effective September 27. He has over 35 years of experience in sales, marketing, and operations within the buildi...

  • Manufacturing Sales Drop

    Following a 3.6 per cent increase in June, manufacturing sales fell 1.5 per cent in July to $59.6 billion, says Statistics Canada. Sales fell for the wood product (down 21.8 per cent), aerospace produ...

  • Home Improvement Industry Wins Big

    Several retailers in the home improvement industry were recognized for their excellence by the Retail Council of Canada (RCC) at the ‘2021 Excellence in Retailing Awards Gala’ (ERA). RCC s...

  • Retail Technology Continues To Grow

    The adaption to new technology in retail to adjust to customers needs has never been more important, says Amber Mac, president of AmberMac Media Inc. at the ‘Relentless Adaptation: 4 Retail Tech...

  • Natural Shades Headline 2022 Colours Of The Year

    Natural shades that evoke warmth, calm, and comfort make up Valspar’s ‘2022 Colours of the Year.’ With this palette, the paint manufacturer seeks to empower consumers to think positi...

  • Taiga Appoints Braswell as VP

    Doug Braswell is vice-president of electrification operations at Taiga Motors Corporation. Previously, he led EV product development for Case Construction at CNH Industries. He also held several globa...

  • July Building Construction Investments Down

    Investment in building construction was down 1.7 per cent to $18.1 billion in July, says Statistics Canada. Residential construction investment was down 2.6 per cent, the third consecutive monthly dec...

  • Fenplast Acquires Atis Plants

    Quebec-based Fenplast Windows and Doors has acquired Atis Group. These assets will, among other things, allow Fenplast to increase its production capacity. Among the assets included are the former Laf...

  • Ace Hardware To Open California Distribution Center

    Ace Hardware Corporation plans to open a retail support centre (RSC) in Visalia, CA. The facility will occupy more than a million square feet and is estimated to bring more than 400 jobs to the region...

  • Air Return Vent Blends Into Wall

    Envisivent is a mud-in, flush mounted air return vent that aesthetically blends into walls and ceilings for a contemporary look. It is designed to be installed during the drywall stage and the cover e...

  • Steady Growth Forecast For Home Improvement Products

    Amid the COVID-19 crisis, the global market for home improvement products estimated at US$807.5 billion in the year 2020, is projected to reach a revised size of $989.7 billion by 2026, growing at a c...

  • Chaleur Opens As BMR Pro Store

    Chaleur Building Supplies has officially launched as a BMR Pro hardware store. The business, located in Beresford, NB, has been operating under the BMR Pro banner for almost a year. Last November, the...

  • Simpson Strong-Tie Invests In Hundegger USA

    Simpson Strong-Tie and Hundegger, a manufacturer of CNC-controlled joinery technology, have joined forces to invest in the North America Hundegger equipment sales and service representative partner, H...

  • Canadians Lack Confidence In Economic Recovery

    Consumer confidence across Canada has gone down, with the weekly Bloomberg Nanos Canadian confidence index registering at 61.57 for the week ending September 3, says a study from Bloomberg and Nanos R...

  • Home Sales Drop In Quebec City

    The number of transactions concluded in the Quebec City, QC, census metropolitan area (CMA) fell to 589 sales in August, a decrease of 29 per cent over August 2020 and the third consecutive month of d...

  • Lenova Launches Bathroom Vanities

    Lenova has launched a line of bathroom vanities with two distinctive models, the Manhattan and the Classic. The Manhattan has a clean, modern design with straight lines and mitred details on the modif...

  • Baker Joins Home Hardware

    Laura Baker is vice-president, marketing, with Home Hardware Stores Limited, effective September 20. Prior to joining Home Hardware, Baker held a variety of marketing and executive roles at Edward Jon...

  • Product Ban Affects Dollarama Sales

    Dollarama Inc. had sales of $1.03 billion for the second quarter of its 2022 fiscal year, an increase of 1.6 per cent over sales of $1.01 billion in the second quarter of its 2021 year. Comparable sto...

  • Canadians Continue To Spend On Home Improvement

    Canadians continued to spend on home improvement in the month of June, with sales of hardware, tools, renovation, and lawn and garden products increasing 5.9 per cent year-over-year, says Statistics C...

  • Montreal Home Sales Continue Decrease

    There were a total of 3,372 residential sales transactions in the Montreal, QC, census metropolitan area (CMA) in August, a 30 per cent decrease compared to August 2020, says the Quebec Professional A...

  • Home Hardware Teams With Tim Hortons

    Home Hardware Stores Limited have partnered with Tim Hortons on its ‘Roll Up To Win’ contest. Tim Hortons guests will have the chance to win one of 1,000 Home Hardware eGift Cards valued a...

  • Payments Canada Launches High-value Payment System

    Payments Canada has launched the first release of Lynx, a high-value payment system. Lynx is replacing the Large Value Transfer System (LVTS), which has served as Canada’s high-value payment sys...

  • Miller Has New Role

    Cory Miller is executive vice-president and chief financial officer at Scotts Miracle-Gro Company. He was promoted to senior vice president and chief financial officer on an interim basis earlier this...

  • Renovation Interest Continues

    Sixteen months after the pandemic emerged, interest in renovations remains strong with more than 30 per cent of Canadian homeowners planning to renovate their kitchen or bathroom in the next 12 months...

  • Vancouver Home Supplies Decline

    Vancouver, BC, home supplies have declined steadily since June, says the Real Estate Board of Greater Vancouver (REBGV). Residential home sales totalled 3,152 in August, a 3.4 per cent increase from 3...

  • IKO Acquires Ross Roof Group

    IKO Industries has acquired New Zealand-based Ross Roof Group (RRG), a manufacturer and exporter of stone coated metal roof tiles. RRG will join IKO's global operations under the RoofTile Group (R...

  • Gallant Joins Wolseley Canada

    Mark Gallant is vice-president, supply chain, at Wolseley Canada. He spent the last 12 years at the Home Depot and prior to that, he spent 11 years at Accenture, a global consulting firm, as senior ma...

  • GTA Housing Demand Remains Strong

    Greater Toronto, ON, Area (GTA) housing demand remains high, with the Toronto Regional Real Estate Board (TRREB) reporting the third-best sales result on record for the month of August. However, the s...

  • GreenFirst Acquires Rayonier Mills

    GreenFirst Forest Products Inc. has closed its purchase of a portfolio of forest and paper product assets from Rayonier Advanced Materials Inc. subsidiaries Rayonier A.M. Canada G.P., Rayonier A.M. Ca...

  • Ace Hardware Has Record Quarter

    Ace Hardware Corporation had a record second quarter, with revenues at $2.5 billion, an increase of $187.8 million (up 8.2 per cent) from the second quarter of 2020. Additionally, the company had a se...

  • Building Permits Down After Strong June

    The total value of building permits decreased 3.9 per cent to $9.9 billion in July with all provinces posting lower values except British Columbia and Newfoundland and Labrador, says Statistics Canada...

  • IKO Plans For New Granule Facility

    IKO Industries, a manufacturer of residential and commercial roofing products, plans to build a quarry and granule production facility near Ironton, MO. Once in full operation, it will be the third of...

  • RIDGID Introduces RP 351 Tool

    RIDGID’s RP 351 is an in-line standard press tool that operates with an advanced brushless motor, requiring no scheduled maintenance. The tool includes a SlimGrip handle for enhanced balance and...

  • Companies Struggle To Find Digitally Skilled Employees

    Nearly 70 per cent of Canadian businesses are struggling to find skilled talent and 80 per cent say they need more workers with digital skills, says a study by KPMG LLP. Additionally, 79 per cent say...

  • Ontario Chamber Of Commerce Supports Vaccine Passports

    Implementing a proof-of-immunization program will encourage more Ontarians to get vaccinated, says Rocco Rossi, president and chief executive officer of the Ontario Chamber of Commerce (OCC), in respo...

  • U.S. Pending Home Sales Drop

    Pending home sales in the U.S. dipped in July, says the National Association of Realtors (NAR). Compared to June, only the west region saw a month-over-month gain in contract activity, while the other...

  • Robitaille Joins TORBSA

    Emmanuel Robitaille is vice-president, business development at TORBSA Limited. Most recently, he was vice-president with a large restoration services business in Quebec.

  • KBIS Registration Now Open

    The National Kitchen & Bath Association (NKBA) has opened registration for the ‘2022 Kitchen & Bath Industry Show’ (KBIS) entitled ‘Where the Future is Defined.’ The an...

  • Majority Of Small Businesses In Large Debt

    Small businesses have not made a dent in the COVID-related debt they’ve taken on, owing an average of nearly $170,000, says the Canadian Federation of Independent Business (CFIB). It estimates t...

  • July GTA New Home Sales Slow

    The Greater Toronto, ON, Area (GTA) new home market was quiet in July, as is typical for the month, says the Building Industry and Land Development Association (BILD). Total July new home sales, with...

  • Walmart Launches U.S. Delivery Service

    Walmart has launched ‘Walmart GoLocal,’ a delivery business which extends its offering of delivering goods to U.S. customers and businesses of all sizes. The service is built on its delive...

  • Lowe's Canada Heroes Campaign Is Back

    Lowe's Canada is bringing back its Lowe's Canada Heroes campaign. The campaign will last over the month of September and will allow customers at participating stores to make donations at the c...

  • Masood Oversees BB&B Brand

    Rafeh Masood is interim chief brand officer at Bed Bath & Beyond. He is currently executive vice-president and chief digital officer and will also maintain this role.

  • Women Major Driver Of Economic Growth

    An increase of the economic participation of women has been identified as a major driver for economic growth, leading to increased interest in the support of entrepreneurial activities for women, says...

  • Orgill Successfully Completes Buying Event

    Orgill successfully completed its ‘2021 Fall Online Buying Event,’ despite challenges in the supply chain. Boyden Moore, president and chief executive officer of Orgill, says these events...

  • McKinney Named IWPA Executive Director

    Bradley McKinney is executive director of the International Wood Products Association (IWPA), effective September 13. Most recently, he served as vice-president of economic security and operations for...

  • Businesses Expect Profitability To Drop

    Over 27 per cent of all businesses expect their profitability to decrease over the next three months while 13.7 per cent of businesses expect their profit to increase, says Statistics Canada. Over hal...

  • Walmart Canada Builds Atlantic Distribution Centre

    Walmart Canada has broken ground on its first distribution centre in Atlantic Canada, a 223,000-square-foot facility in Moncton, NB, which is slated to open in fall 2022. The distribution centre will...

  • Roseburg Invests In Automation Technology

    Roseburg is investing in technology at its western U.S. manufacturing operations, following an extensive analysis of the strategic business opportunities in the west. As part of the restructuring, the...

  • Studio Shed Launches Virtual Showroom

    Studio Shed, a manufacturer of prefabricated outdoor structures, has launched a virtual showroom for its accessory dwelling unit (ADU) products. The technology was developed in partnership with SPINE,...

  • Retail Sales Getting Back To Pre-pandemic Times

    The latest data from StatsCan show a big recovery in Canadian retail sales. In the second quarter of 2021, total overall sales were up 25.4 per cent year-over-year, says Ed Strapagiel, a retail consul...

  • Retailers Should Not Rely Solely On AI Technology

    Retailers should not rely purely on software driven by artificial intelligence (AI) and machine-learning for sales models, says Douglas Bennett, of A&G Real Estate Partners. Bennett says tech firm...

  • PVC Is Preferred By Majority

    PVC (Polyvinyl chloride) piping is a preferred material for water infrastructure pipe projects amongst engineers, municipal managers, and contractors, says a survey by Accountability Information Manag...

  • Whirlpool Promotes Two

    Joseph T. Liotine will be president and chief operating officer at Whirlpool Corporation, effective September 1. He joined the company in 2004 and currently serves as executive vice-president and pres...

  • Smart Homes Narrowing Digital Divide

    Smart home technologies are narrowing the digital divide for older, less tech-savvy consumers, says a study by LG Electronics (LG). The ‘2021 LG ThinQ Smart Home Report’ reveals that smart...

  • Conifex Curtails Lumber Production

    Conifex Timber Inc. will temporarily curtail lumber production at its Mackenzie, BC, sawmill for two weeks. The company says the decision is based on a combination of record high delivered log costs a...

  • Renoworks Has Record Revenue

    Renoworks Software Inc, a visualization platform for the home remodeling and new home construction industry, had record second quarter revenue of $1.48 million, an 11 per cent increase from the second...

  • Fragmentation To Affect DIY Retailing Market

    The do-it-yourself (DIY) home improvement retailing market is poised to grow by US$154.76 billion during 2021 to 2025, progressing at a compound annual growth rate of almost five per cent during the f...

  • Ontario Chamber Releases Vaccination Framework

    The Ontario Chamber of Commerce, with guidance from legal experts at McCarthy Tétrault, has released a proof-of-vaccination framework to support reopening plans for Ontario private sector busin...

  • Canfor Reduces Operating Schedules

    Canfor Corporation will implement reduced operating schedules at its British Columbia sawmills, with the exception of WynnWood, starting the week of August 30. As a result, Canfor’s BC mills are...

  • Onex Completes Sale Of Remaining Jeld-Wen Shares

    Onex Corporation, the Onex Partners III fund, and other co-investors have completed the sale of their 14.9 million shares of Jeld-Wen Holding Inc., a distributor of interior and exterior doors, wood,...

  • WORX Debuts 5-inch Pruning Saw

    WORX’ 20V Power Share 5-inch Pruning Saw has the cutting power and efficiency of a chainsaw in an ultra-compact and portable design. The cordless pruning saw also features an offset bar and chai...

  • Intertape Polymer Group Has Strong Organic Growth

    Intertape Polymer Group Inc. had revenue of $367.7 million for the second quarter of 2021, an increase of 40.7 per cent compared to revenue in the second quarter of 2020. The increase was primarily du...

  • Businesses Worry About Vaccine Enforcements

    More than three quarters (77 per cent) of business owners support and encourage their employees to get vaccinated, says a survey by the Canadian Federation of Independent Business (CFIB). However, sma...

  • Cornerstone Completes Cascade Windows Acquisition

    Cornerstone Building Brands, Inc. has completed its acquisition of Cascade Windows. Cascade is an independent manufacturer of energy-efficient vinyl windows and doors serving the residential new const...

  • Masonite Appoints Chief Sustainability Officer

    Clare Doyle is senior vice-president and chief sustainability officer with Masonite International Corporation. She joined Masonite in 2016 and has served as senior vice-president, general manager, Eur...

  • Customer Demand Impacts BuildDirect Revenue

    BuildDirect.com Technologies Inc. had revenue of $23.4 million for the second quarter of 2021, an increase of 79 per cent compared to revenue of $13.1 million in the second quarter of 2020. The increa...

  • Retail Sales Show Strength In June

    Retail sales went up 4.2 per cent to $56.2 billion in June, sales led majority by clothing and clothing accessories stores, says Statistics Canada. This is attributed to eased public health restrictio...

  • Canadian Tire Teams With Ashcroft

    Canadian Tire Corporation (CTC) has signed an investment agreement with Ashcroft Terminal Ltd., British Columbia’s largest inland port, in which CTC will attain a 25 per cent equity interest in...

  • Homeowners Want Roofers With Good Reputation

    Most homeowners (92 per cent), when hiring a company to repair or replace a roof, are more likely to choose a roofing company with an outstanding reputation or reliable track record over one that does...

  • ASSA ABLOY Invests In U.S. RFID Company

    ASSA ABLOY has acquired Omni-ID, a manufacturer of RFID tags and industrial IoT hardware devices for passive and active tagging, tracking, monitoring, and alerting applications. Based in Rochester, NY...

  • BLANCO Sees Record Sales

    Despite sales declines from COVID-19 lockdowns in the first two quarters, BLANCO had record sales of $408 million in 2020 (up 3.1 per cent), says the company. Following a successful year of sales, the...

  • Businesses Support Mandatory Vaccinations

    Sixty-two per cent of Canadian small- and medium-sized businesses are making or plan to make COVID-19 vaccinations mandatory for their employees, says a survey by KPMG in Canada. Also, the majority (8...

  • Single-Detached Housing Supply Declines

    A decline in the supply of single-detached housing in the GTA (Greater Toronto, ON, Area) and mortgage rates hovering well-below three per cent, accelerated demand from first-time homebuyers, says a r...

  • Tested Fixtures Meet Consumer Needs

    Consumers want plumbing fixtures that are safe and function well. They want to be certain a shower tray won’t leak, taps won’t corrode, and toilets will flush properly. The only way manufa...

  • Scotts Miracle-Gro Acquires Nutrients Business

    The Scotts Miracle-Gro Company has acquired Rhizoflora’s leading nutrients business including its Terpinator and Purpinator brands, further bolstering the Hawthorne Gardening Company product por...

  • Simpson Strong-Tie Adds Hanger Sizes

    Simpson Strong-Tie now offers its patent-pending LSSR rafter hanger in 2x lumber sizes that can install with both mitre-cut and square-cut joists for plated truss. The three new models – LSSR26Z...

  • Labour Costs Affect Ace Hardware Income

    Ace Hardware Corporation had revenues of $2.5 billion for the second quarter of 2021, an increase of 8.2 per cent compared to revenues in the second quarter of 2020. Total wholesale revenues increased...

  • Doman Has Strong Quarter

    Doman Building Materials Group Ltd. (formerly CanWel Building Materials) had consolidated revenues of $756.8 million for the second quarter of 2021, an increase of 83.3 per cent compared to consolidat...

  • Renovations Rise Despite Challenges

    Home renovations have increased since the start of 2021, with over half (55 per cent) of homeowners completing substantial improvements that boost home values, says a survey by Selective Insurance. Th...

  • COVID Surge Slows Supply Chain Recovery

    The recent COVID-19 surge both in the U.S. and globally has slowed supply chain recovery efforts as manufacturers, shippers, and ports manage through absenteeism due to increases in cases, says Boyden...

  • Tight Supply Chain Affects U.S. Retail Sales

    U.S. retail sales slowed during July as retailers continued to face supply chain disruptions and increased COVID-19 vaccinations allowed consumers to shift some spending from goods to activities despi...

  • Stanley Black & Decker To Acquire MTD Holdings

    Stanley Black & Decker will acquire the remaining 80 per cent ownership stake in MTD Holdings Inc. (MTD), a privately held global manufacturer of outdoor power equipment. Stanley Black & Decke...

  • Cornerstone Unveils ResinDek Shelving System

    Cornerstone Specialty Wood Products has launched its ResinDek Shelving System which is engineered to store and organize case goods, paper records, or other items in industrial pallet rack or storage s...

  • Noble To Lead Cloverdale Paint

    Darrin Noble will be president and chief operating officer of Cloverdale Paint Inc., effective January 1, 2022. Currently, he is vice-president, store operations and Burford Paint and Home Products, a...

  • Pro Business Drives Lowe’s Growth

    Lowe's Companies, Inc. had net earnings of $3.0 billion for the second quarter of 2021, up from net earnings of $2.8 billion in the second quarter of 2020. Total sales for the quarter were $27.6 b...

  • Commodity Pricing Benefits Taiga Sales

    Taiga Building Products Ltd. had sales of $786.7 million for the second quarter of 2021, an increase of 120 per cent over sales of $356.9 million in the second quarter of 2020. The increase was largel...

  • Housing Starts Drop

    Housing starts in Canada lowered in July to 286,620 from 293,085 in June, says the Canada Mortgage and Housing Corporation (CMHC). In July, higher single-detached, seasonally adjusted annual rates (SA...

  • Castle Adds Newfoundland Location

    Castle Building Centres has added a member in Fortune, NL. Peninsula Castle is the third Castle location for business owners Derek and Nicole Fudge. The store is a full-service lumber, building materi...

  • Hudson’s Bay Accelerates Digitally

    Hudson’s Bay will separate its store fleet and eCommerce business into two, separate businesses, accelerating its digital-first transformation. Going forward, the eCommerce business will operate...

  • Sundholm Has New Role

    Drew Sundholm is vice-president, supply chain with Fortress Building Products. He joined the company as director, railing and lighting category, in 2020. Prior to that, he spent over 15 years developi...

  • Home Depot Hits Milestone

    The Home Depot had sales of 41.1 billion in the second quarter of 2021, an increase of $3.1 billion (8.1 per cent) from the second quarter of 2020. Comparable sales for the quarter increased 4.5 per c...

  • AZEK Shows Strong Third Quarter

    The AZEK Company, a manufacturer of environmentally sustainable outdoor living products, saw third quarter consolidated net sales increase 46.4 per cent year-over-year to $327.5 million. Additionally,...

  • June Wholesale Sales Decline

    Wholesale sales fell 0.8 per cent in June to $71.5 billion, ending three consecutive monthly increases, says Statistics Canada. The sales reflect declines in the building material and supplies, machin...

  • Canadian Home Sales Continue To Normalize

    Canadian home sales continued to normalize in July, says the Canadian Real Estate Association (CREA), showing a decline of 3.5 per cent month-over-month in July. This was the smallest of four consecut...

  • Garage Door Replacements Ruled Most Popular

    Garage door replacement projects are considered the top project with the highest recovery value for homeowners, says the ‘2021 Cost Versus Value Study.’ Homeowners can recover an average o...

  • RPM Makes Executive Changes

    Bill Spaulding will be consumer group president with RPM International Inc., effective September 1. Currently, he is president of Rust-Oleum Corporation, an RPM brand. Jeff Ackerberg will be president...

  • Home Improvement Leads Spectrum Gains

    Spectrum Brands Holdings, Inc. had net sales of $1,162.8 million for the third quarter of its fiscal 2021 year, an increase of 18.1 per cent compared to net sales of $984.3 million in the third quarte...

  • Leon’s Has Record Revenue

    Leon’s Furniture Limited had a record revenue of $588.5 million in the second quarter of 2021 compared to $416.7 million, year-over-year. This is a 41.2 per cent increase and came despite half o...

  • CFIB Calls For Stay-Open Strategies

    To prevent further business closures in the event of resurgences of COVID-19, the Canadian Federation of Independent Business (CFIB) is calling on provincial governments to adopt stay-open strategies...

  • Majority Of Construction Projects Late And Over Budget

    Most construction projects are delivered late (77 per cent) and significantly over budget (75 per cent) compared to their original plan, says a survey by IDC with Procore Technologies, Inc. On average...

  • Bathtub Market To Maintain Steady Growth

    The global bathtub industry generated $7.6 billion in 2019 and is estimated to reach $8.9 billion by 2027, witnessing a compound annual growth rate (CAGR) of 4.3 per cent from 2021 to 2027, says a rep...

  • Tool Uses X-ray Vision To See Into Walls

    Vayyar Imaging’s Walabot DIY 2 is an upgraded version of the company’s original visual stud finder. It is a Wi-Fi enabled scanner that pairs with smartphones providing 4D imaging radar &nd...

  • Strong Construction Market Benefits HDI

    Hardwoods Distribution Inc. (HDI) had sales of $338 million for the second quarter of 2021, an increase of 58.5 per cent compared to sales of $124.7 million in the second quarter of 2020. Gross profit...

  • Residential And Non-Residential Construction Drops

    Investments for both residential and non-residential building construction decreased 4.5 per cent to $18.4 billion in June, says Statistics Canada. Following a three per cent decrease in May, resident...

  • British Columbia Offers Screening Program

    British Columbia businesses can now enrol in the ‘Safe Screen BC’ program offered by the BC Ministry of Health, in partnership with the provincial health services authority and the Busines...

  • Wooster Products Recognized For Longevity

    Wooster Products celebrated its 100th anniversary with a visit from a U.S. congressman, Anthony Gonzales. He presented Wooster with a ‘Certificate of Special Congressional Recognition’ hon...

  • Interac Launches Real-time Payment Service

    Interac Corp., along with 13 Canadian financial institutions, is launching Interac e-Transfer for Business, a solution that builds on the widespread adoption of the Interac e-Transfer service. The sol...

  • 2021 Connectors Catalogue Now Available

    Simpson Strong-Tie has released its ‘2021 Wood Construction Connectors’ catalogue. The undated version includes several new products including the complete outdoor accents decorative hardw...

  • eCommerce Leads Canadian Tire Sales

    Canadian Tire Corporation, Limited consolidated retail sales increased $506.9 million, or 11.6 per cent in the second quarter over the same period in 2020. Excluding petroleum, consolidated retail sal...

  • Furniture Orders Back On Track

    Residential furniture manufacturers and distributors continue to see strength in their businesses with orders up 47 per cent in May compared to May 2020, says the ‘Monthly Furniture Insights Rep...

  • Ottawa’s July Home Sales Decrease

    In Ottawa, ON, 1,724 residential properties were sold in July, down 21 per cent compared to 2,183 sales in July 2020, says the Ottawa Real Estate Board (OREB). July’s sales included 1,312 in the...

  • Financeit Launches Alternative Credit Program

    Financeit, a financing provider in the home improvement industry, has launched its ‘Second-Look Advantage’ program for applicants who do not qualify for standard credit or extended credit...

  • Lightspeed Changes Name

    Lightspeed POS Inc. has changed its name to Lightspeed Commerce Inc. “We evaluated our company name in light of the full scope of solutions we offer today. Lightspeed is no longer simply a point...

  • All Product Categories Gain At Beacon

    Beacon had net sales of $1.87 billion for the third quarter of its 2021 fiscal year, an increase of 20.8 per cent compared to the third quarter of fiscal 2020. Third quarter sales increased across all...

  • Backyard Upgrade Remains Top Project

    In the last year, 17 per cent of Canadians improved their home space through renovations, with the most popular renovation being backyard changes, says a survey by Aviva Canada. Canadian homeowners wh...

  • Canadian Tire Named Most Respected Retailer

    Canadian Tire Retail (CTR) was chosen as ‘Canada's Most Respected General Merchandise Retailer’ in a study for the DART Insight and Communications (DART I&C) ‘Most Respected...

  • Quebec City July Home Sales, Listings Decline

    A total of 539 residential sales transactions were concluded in the Quebec City, QC, census metropolitan area (CMA) in July, a 40 per cent decrease compared to July of last year, says the Quebec Profe...

  • Princess Auto Open 50th Store

    Princess Auto has opened a store in Lévis, QC. The store is the company’s 50th location overall and fourth location in Quebec and will cater to tradespeople, hobbyists, home mechanics, an...

  • Wolseley Teams With Kohler Canada

    Wolseley Canada, a local distributor of plumbing, HVAC, refrigeration, waterworks, and industrial products, has partnered with Kohler Canada, a distributor of kitchen and bathroom brands. "Canada...

  • JELD-WEN Revenues Up 25 Per Cent

    JELD-WEN Holding, Inc. had net revenue of $1,245.8 million for the second quarter of 2021, an increase of 25.5 per cent over net revenue of $992.3 million in the second quarter of 2020. The increase w...

  • Renovation Supplies Lead Sector Retail Sales

    May retail sales reached $58 billion, an increase of 22 per cent compared with May 2020, with sales of hardware, tools, and renovation and lawn and garden products up 17 per cent year-over-year, the p...

  • Kitchener-Waterloo Home Sales Slow

    A total of 611 residential homes sold in the Kitchener-Waterloo, ON, region last month through the Multiple Listing Service (MLS System), says the Kitchener-Waterloo Association of REALTORS (KWAR). Th...

  • Lowe’s Supports Community Through Sustainability

    Lowe's Canada made changes to its environmental impact in 2020 by reducing GHG emissions by more than six tons from 2016. The company recycled more than two tons of used paint in 2020 and offered more...

  • RIDGID Tour Goes Global

    RIDGID has taken its ‘RP 350 Press Tool Tour’ global, making stops in Belgium, Denmark, France, Germany, Greece, Italy, Romania, and the UK. As part of the tour, plumbers are testing the R...

  • LP Has Triple-digit Sales Increase

    Louisiana-Pacific Corporation (LP) had net sales of $1.3 billion for the second quarter of 2021, an increase of 142 per cent over net sales in the second quarter of 2020. The increase was partly due t...

  • High Market Prices Benefit Stella-Jones Sales

    Stella-Jones Inc. had sales of $903 million for the second quarter of 2021, up $135 million compared to sales of $768 million in the second quarter of 2020. Excluding the negative impact of the curren...

  • AQMAT Lobbies For Sunday Closures

    The Quebec Hardware and Building Supply Association (AQMAT) is trying to support hardware dealers by lobbying the Quebec government to allow home improvement retailers and building supply dealers to c...

  • GTA Sees Strong Home Ownership Demand

    With almost 9,400 sales reported in July, demand for ownership housing in the Greater, Toronto, ON, Area (GTA) region remained well-above average for the time of year despite being below the record Ju...

  • Simpson Strong-Tie Publishes Updated Design Guide

    Simpson Strong-Tie has published its updated Strong-Rod Design Guide to help engineers, architects, and builders achieve continuous load paths in multistory and mid-rise light-frame wood buildings. Th...

  • Masco Sees Sales Increase

    Sales increased 24 per cent to $2,179 million, for Masco Corporation, in the second quarter of 2021. Operating profit increased 29 percent to $437 million, while operating margin increased 90 basis po...

  • Residential Sales Contribute To Trex Revenue Growth

    Trex Company, Inc. had consolidated net sales of $312 million for the second quarter of 2021, a 41 per cent increase over net sales of $221 million for the second quarter of 2020. The gains were refle...

  • Home Improvement Projects Show Strength

    The desire for home improvement projects is strong, says a report by Jobber, a job tracking home service. Annual growth in home renovation and repair expenditure reached 6.1 per cent year-over-year in...

  • Government Seeks Consultation On Transaction Fees

    The federal department of finance has launched consultations with the aim of lowering the cost of doing business by reducing credit card transaction fees. These savings would allow small- and medium-s...

  • Vancouver Housing Market Looks Moderate

    The metro Vancouver, BC, housing market saw more moderate sales and listings trends in July compared to heightened activity throughout most of the pandemic, says the Real Estate Board of Greater Vanco...

  • EBSU Takes On Brampton Furniture Manufacturer

    Residential cabinet manufacturer EBSU Ltd. has acquired Woodlore International Inc., a furniture manufacturer in Brampton, ON. This transaction allows Quebec-based EBSU to accelerate its growth plan a...

  • Owens Corning Launches Next Generation Pink Insulation

    Owens Corning has launched its updated insulation product, PINK Next Gen Fiberglas insulation. The product features advanced fibre technology which enables up to 23 per cent faster installation compar...

  • Griffon Has Steady Quarter

    Griffon Corporation had consolidated revenue of $646.8 million for the third quarter of its fiscal 2021 year, a two per cent increase compared to prior-year quarter revenue of $632.1 million. Net inco...

  • Ontario Leads June Building Permit Gains

    The total value of building permits rose 6.9 per cent to $10.3 billion in June, says Statistics Canada. Seven provinces contributed to the gain, led by Ontario, which jumped 22.7 per cent, while Quebe...

  • Small Businesses Still Suffering

    More than 80 per cent of small businesses have not fully recovered from the pandemic, says the Canadian Federation of Independent Business (CFIB). A study by the organization says fewer than one in fi...

  • Guillevin Acquires Atlantic Electrical Company

    Guillevin, a distributor of electrical equipment in Canada, has acquired McLoughlan Supplies Limited, a distributor of electrical, lighting, automation, and safety equipment in Atlantic Canada. Founde...

  • Formica Corporation Pledges Sustainability

    Formica Corporation wants to achieve net carbon neutrality by 2030. Additionally, its sustainability initiatives show the company is aiming for a midpoint benchmark of a 25 per cent reduction of CO2 e...

  • Kapro Tools Launches Tape Measure Series

    Kapro Tools has launched its 510 Optivision tape measure series. The series comes in 10 inches, 16 inches, and 26 inches with a dual scale of imperial and metric measurements. The tapes have a double-...

  • Lee Named Cornerstone CEO

    Rose Lee will be president and chief executive officer of Cornerstone Building Brands, Inc., effective September 6. Currently, she is president of Dupont’s Water & Protection business.

  • Canfor Has Record High Lumber Sales

    Canfor Corporation had operating income of $1.04 billion for the second quarter of 2021, up from operating income of $603.6 million in the first quarter of 2021. The increase reflects record high lumb...

  • Government Extends Emergency Wage Subsidy

    The federal government has proposed to further extend the Canada Emergency Wage Subsidy (CEWS) until October 23 and to hold the maximum subsidy rate at 40 per cent during the period between August 29...

  • Orgill Welcomes Many At New York Opening

    Orgill welcomed hundreds of customers, vendors, and local dignitaries to celebrate the opening of its distribution facility centre in Rome, NY. The 780,000-square-foot facility was open to tours, a re...

  • Hardwoods Distribution Completes Acquisition Of Novo

    Hardwoods Distribution Inc. (HDI) has completed the acquisition of Novo Building Products Holdings, LLC. The acquisition broadens its addressable market by providing turnkey access into the home centr...

  • Trex Launches Website

    Trex Company has launched its professionally focused website. The site targets landscape and building architects, designers, engineers, and commercial contractors and offers a digital resource hub wit...

  • DEWALT Launches Durable Tool Line

    DEWALT is launching TOUGHSERIES, a line of hand tools designed for heavy-duty use. The portfolio will launch with tapes this summer followed by hammers and screwdrivers in the fall. The tapes are desi...