• Digital Tools Create Growth

    More than two-thirds of small businesses made changes to their online presence during the pandemic, with more than 40 per cent crediting the growth of their business to new eCommerce solutions, says a...

  • ACA Offers Forecasting Tool

    The American Coatings Association (ACA) has made available a forecasting tool to enable businesses throughout the coatings and specialty chemicals value chain to identify, analyze, and forecast market...

  • Metrie Completes Millwork Distributor Acquisition

    Metrie, a North American manufacturer and distributor of millwork, has completed its acquisition of Tinder Wholesale, LLC, a two-step distributor of interior and exterior millwork. This follow’s...

  • Nova USA Enhances Wood Stains

    Nova USA Wood Products Inc. has enhanced the colour of its ExoShield Wood Stains by 30 per cent, as well as the formulations of its walnut and mahogany colours based on the input of the company’...

  • Bed Bath & Beyond Sees Big Decline

    Bed Bath & Beyond had net sales of $1.463 million for the first quarter of 2022, a 25 per cent drop on a year-to-year basis. Bed Bath & Beyond banner comparable sales declined 27 per cent refl...

  • TIMBER MART Adds New Member In BC

    Pemberton Valley Building Centre Ltd. is joining TIMBER MART to benefit from the group’s national buying power. Located in Pemberton, BC, it has been serving the contractors and DIYers for the l...

  • Government Invests In Energy Efficiency

    The government of Canada is investing $1.8 million in the Toronto Community Housing Corporation (TCHC), to increase energy efficiency in buildings across Toronto. The federal investment will support t...

  • Uniboard Invests In New Press Line

    Uniboard is investing $250 million in a state-of-the-art particleboard press line at its Val-d’Or, QC, plant. Construction will begin in the summer of 2022 and start-up is targeted for 2025. The...

  • Apps Offer Easy Outdoor Designing

    Simpson Strong-Tie’s free to use deck, pergola, and fence planner software offer in-platform tutorials to help homeowners select materials, dimensions, colours, and hardware. Users can add patio...

  • Renovation Spending To Increase

    Despite national inflation, rising interest rates, and a volatile public market, homeowners have spent significantly more on renovations this year than in years past. On average, those who completed i...

  • La Shop BMR Concept Shuttered

    Group BMR has decided to cancel its La Shop BMR store concept and has shuttered its two locations in order to strengthen the efficiency of its network and improve the shopping experience for customers...

  • IPEX Invests In Pipe Extrusion Capacity

    IPEX is investing in an expansion that will impact three of its pipe extrusion facilities and fall under its North American growth strategy. A total of 28 production lines will be added to the IPEX fa...

  • Phone Charger Uses Battery Packs For Power

    Festool’s PHC 18 mobile phone charging station turns battery packs into a power bank. The phone charger can turn almost all Festool 18-volt battery packs into charging stations, with the smartph...

  • Dark Grey Is In Among Home Buyers

    Homes with dark grey walls could sell for up to $6,491 more than expected, while homes with trendy green kitchens could hurt a home’s sale price by more than $3,600, say Zillow’s prospecti...

  • Growth Expected For Lawn Mowers

    The global walk-behind lawn mowers market is expected to grow at a compound annual growth rate (CAGR) of 5.61 per cent from 2022 to 2027. Self-propelled lawn mowers hold the highest revenue share in t...

  • Trex Investing In Sustainability

    Trex Company is continuing its ‘Building a Better Tomorrow Together’ plans through continued environmental and safety initiatives after recording record high sales of $1.2 billion in 2021,...

  • Walmart Makes Promotions

    AnnMarie Mercer is chief people officer and Rob Nicol is vice-president, communications and corporate affairs, at Walmart Canada. Mercer joined the retailer in 2015 after holding senior lead...

  • Housing Changing Retirement Plans

    Current market conditions are changing people's home ownership plans and it's a trend that could have lasting impacts on retirement planning, says a Canada Life survey. It finds that high real...

  • Store Gets New Owners

    Jessy Gauthier is the new owner of ACE Le Centre Du Bricoleur in Saint-David-de-Falardeau, QC. He has 32 years of experience in the hardware industry and has made a place for himself with innovative t...

  • LP Reaches Agreement With Pacific Woodtech

    LP Building Solutions has an agreement with Pacific Woodtech to acquire LP’s Engineered Wood Products (EWP) business for $210 million. The acquisition includes LP’s laminated veneer lumber...

  • Liteline Expands West

    Liteline Corporation has opened its west coast showroom and distribution centre in Langley, BC. The 12,729 square foot facility will service the Pacific Northwest and California in the United States....

  • Town Provides Home Repair Plan Access

    Bashaw homeowners will be the first in the province of Alberta to have access to Service Line Warranties of Canada’s (SLWC) optional repair service plans starting June 2022. SLWCs plans provide...

  • Mounted Sink Offers Minimalistic Aesthetic

    GROHE’s Eurocube Wall Mount Bathroom Sink adheres to the trend of limiting the use of heavy furniture and fixtures. It offers a clean, geometric form and can be mounted or placed atop a floating...

  • Canada Post Unveils Net-Zero Facility

    Canada Post has unveiled a net-zero parcel sorting facility that will have the capacity to process more than one million packages a day. The Albert Jackson Processing Centre in Scarborough, ON, will b...

  • Wiener Family Celebrates 100 Years In Home Improvement

    Wiener’s Home Hardware is celebrating 100 years of serving the Annex community in Toronto, ON. The family started its journey in the home improvement industry in 1922 and became a charter member...

  • LOU-TEC Acquires Aerial Lift Company

    LOU-TEC, a Quebec-based network of rental experts, has acquired Accès Location +, an aerial lift equipment rental specialist. With this acquisition, LOU-TEC clients, mainly contractors working...

  • Small Businesses Face Challenges Post-Pandemic

    Small businesses continue to navigate through financial, operation, and payment related challenges two years after the global COVID-19 pandemic began, says Payments Canada’s ‘Payments Beha...

  • Retail Sales See Slight Increase

    Retail sales increased 0.9 per cent to $60.7 billion in April from the previous month, with sales up in six of 11 sectors representing 43.3 per cent of retail trade. Eight provinces were up in sales w...

  • Economic Challenges Remain For U.S. Homebuyers

    Soaring housing costs on top of the surge on prices for gas, food, and other necessities will cause continued pressure for first time house buyers and low-income households in the U.S., says the &lsqu...

  • Interface Refreshes Website

    Commercial flooring company Interface has refreshed its website to offer an improved digital experience for customers. The site now mirrors the brand, bringing materials and products to life in a digi...

  • Washer Strap Is For Mass Timber Construction

    Simpson Strong-Tie’s MTWS mass timber washer strap is a versatile, off-the-shelf, load-tested option for a variety of cross-laminated timber (CLT) panel-to-panel and panel-to-steel connections i...

  • CMHC Introduces Improved Energy Refund Program

    Canada Mortgage and Housing Corporation (CMHC) is introducing CMHC Eco Plus, an improved version of CMHC’s energy efficiency refund program. It will allow anyone who has bought an energy efficie...

  • Wolseley To Open Branch in Vernon

    Wolseley Canada is opening a branch in Vernon, BC. The 12,000-square-foot facility will offer a full assortment of Wolseley Canada plumbing and HVAC products. The store will host a grand opening on Ju...

  • Construction Drives Interior Door Demand

    The global interior doors industry generated $55.7 billion in 2020 and is expected to reach $93.1 billion by 2030, witnessing a compound annual growth rate (CAGR) of 4.9 per cent from 2021 to 2030, sa...

  • North Bay Entrepreneur Wins Female Roofer Award

    Michelle Mulder, owner of Nailed It Roofing in North Bay, ON, is the winner of Beacon’s annual North American ‘Female Roofing Professional of the Year’ competition, which shines a sp...

  • LIXIL Makes Changes

    Marlon Thompson is vice-president (leader), marketing Canada, at LIXIL Canada Inc. He joined the company in 2019. Cosimo Coffa is general manager, trade sales and marketing, responsible for American S...

  • Government Launches Retrofit Loan Program

    The Government of Canada will launch the Canada Greener Homes Loan homeowners stream, a program that will provide $4.4 billion in interest-free loans of up to $40,000 per household and will be availab...

  • Schell Family Celebrates Century Of Service

    Schell Lumber Home Building Centre is celebrating 100 years of service in Stouffville, ON. The local Home Hardware store has been in the Schell family since founded in 1922, with ownership being passe...

  • Buckingham RONA Celebrates Grand Opening

    Chantal Veilleux and Claude Bélec, owners of RONA Outaouais, are celebrating the grand opening of the Buckingham, QC, store. The 18,000 square-feet store has been completely renovated, giving c...

  • EAB Receives Environmental Award

    Exchange-A-Blade (EAB) has been awarded the ‘Private Sector Award for Excellence and Leadership in Environmental Stewardship for 2022’ from the Recycling Council of British Columbia (RCBC)...

  • Lumber Demand, Prices Down

    It was this time last year when lumber prices reached previously never-imaginable highs and stayed that way for a few weeks before tumbling way back down to the lows of 2019. Madison’s Lumber Re...

  • Stain Created For Laminates

    Engineered surfaces manufacturer Wilsonart’s Woodgrain Staining enables real wood and veneer staining ability to laminate. This feature within the Wilsonart High Pressure Laminate (HPL) portfoli...

  • Wholesale Sales Decline

    Wholesale sales fell 0.5 per cent to $79.8 billion in April from March, says Statistics Canada. Sales fell in five of seven subsectors comprising more than three-quarters of total wholesale activity i...

  • Home Sales Will Continue To Cool

    Home sales have cooled sharply in recent months, says the Canadian Real Estate Association (CREA). It attributed the cooling to increases in five-year fixed mortgage rates. They went from low three pe...

  • LP Recognized By SFI

    LP Building Solutions (LP) is the recipient of the Sustainable Forestry Initiative (SFI) ‘President's Award for 2022.’ The award is given annually to an organization or individual that...

  • Canadian Small Business Optimistic

    Canadian small and medium decision-makers (SMEs) are optimistic for next year as over one-third (39 per cent) report that current revenues are increasing, says the third edition of the ‘FedEx Tr...

  • Steady Growth Predicted For Lighting Controls

    The global lighting controls market grew by 4.7 per cent in 2021 after experiencing a 6.3 per cent growth decline in 2020 due to the COVID-19 pandemic, says research from ResearchandMarkets.com. The m...

  • DEWALT Expands Compact Product Line

    DEWALT is expanding its ATOMIC COMPACT SERIES with a tape measure, chalk reel, and pocket laser measurer. The tape measures are available in 16-, 25-, 26-, and 30-feet lengths. A finger brake is integ...

  • Home Sales Down

    National homes sales were down by 8.6 per cent on a month-over-month basis in May, says the Canadian Retail Estate Association (CREA). Sales were down in three-quarters of all local markets, led by se...

  • PSP Offers Gratify BNPL Payment Method

    PSP Services Inc (PSP), a bank-independent payment processor, has partnered with Gratify Pay to launch Gratify’s integrated ‘buy now pay later’ (BNPL), a streamlined service for smal...

  • FCL Invests $1 Million In Community Projects

    Through its Community Spaces program, Federated Co-operatives Limited (FCL), on behalf of more than 160 local Co-ops, is investing $1 million in 13 community projects across western Canada. “Co-...

  • Home Décor Trends Shift With Consumers

    Consumer’s preferences for both paint colours and décor products have shifted since the pandemic and they are focusing on a style that combines soothing colour and durability, says SICO p...

  • April Manufacturing Sales Rise

    Manufacturing sales rose 1.7 per cent to $72.3 billion in April from the previous month, says Statistics Canada. However, wood product sales had the largest decrease, down six per cent to $4.5 million...

  • BC Residential Listings Decrease

    A total of 8,214 residential unit sales sold in May, a decrease of 35.1 per cent from a year ago, says the British Columbia Real Estate Association (BCREA). Provincial active listings were 4.4 per cen...

  • Giant Tiger Opens In First Nation

    Giant Tiger Stores Limited has opened a store in Madawaska Maliseet First Nation, NB. The 17,800-square-foot store is stocked with on-trend home and family fashions, brand-name groceries, and everyday...

  • SICO Launches Durable Paint Lines

    SICO paint brand by PPG has launched four paint products designed for durability: Sico CLEAN SURFACE, Sico PRESTIGE, Sico ENDURANCE, and Sico CLASSIC. Sico CLEAN SURFACE is the brand’s longest-l...

  • Renoworks Launches Analytics Portal

    Renoworks has launched an analytics portal for dealers to gain actionable insights into their customers’ buying journey. Its analytics hub is available through the company’s visualizer pla...

  • Building Construction Investment Up In April

    Investment in building construction increased by 2.7 per cent to $20.9 billion in April from the previous month. Residential construction investment rose by 3.2 per cent to $15.7 billion, with British...

  • Colours Reflect Changing Consumer Desires

    As we come out of the pandemic, people are turning towards safe and multi-purposeful spaces, and this is reflected in the ‘2023 Color + Design Trends’ by Dunn-Edwards Corporation, a manufa...

  • Vancity Launches Retrofit Program

    Canadian credit union Vancity has launched a non-profit housing retrofit program, which supports climate-ready affordable housing to “help build a clean and fair world in which no one is left be...

  • Lowe’s Canada Launches Two Brands

    Lowe’s Canada is launching the Kobalt and Flex brands in stores. The complete product lines have been available online since the beginning of the year and now will be gradually rolled out in sto...

  • Cerniglia Joins Briggs & Stratton

    Kristina Cerniglia is senior vice-president and chief financial officer with Briggs & Stratton. Previously, she was senior vice-president and chief financial officer with Hillenbrand, Inc.

  • Strong Growth Forecast For Retail Analytics

    In the North American region, retailers are increasingly using technology to help understand the customer journey and how they can improve it. The North America in-store analytics market was valued at...

  • O2COOL Expands, Rebrands

    O2COOL LLC is rebranding to O2C Brands LLC. The name reflects the corporate strategy of being a synergistic operating company of multiple consumer brands. “We are much more than simply O2COOL, o...

  • ParcelPal Further Expands Into U.S.

    British Columbia-based ParcelPal Logistics Inc. has completed the acquisition of its second U.S. delivery service company. This transaction gives the company an additional foothold in the western U.S....

  • Herbert Earns Lifetime Award

    John W. Herbert has received the ‘Global DIY Lifetime Award 2022.’ He has been in the retail sector since 1956 and in the home improvement and DIY retailing industry since 1983. He is curr...

  • Rising Prices Affect Canadians

    Nearly three in four Canadians report that rising prices affect their ability to meet day-to-day expenses, says Statistics Canada’s ‘Portrait of Canada Survey.’ As a result, many Can...

  • Habit Discontinuity Causing Changes For Businesses

    Adjusting to a global case of habit discontinuity that has developed over the course of the pandemic is key for companies when looking to modernize their work and customer experiences, says Rocky Ozak...

  • Federal Government Supports SMB Digital Upgrades

    The government of Canada has launched the Canada Digital Adoption Program (CDAP) to help Canadian small- and medium-sized businesses (SMBs) grow their online presence and upgrade or adopt digital tech...

  • Technology To Drive HRV Growth

    Smart heat recovery ventilator (HRV) sensing technology is luring customers and generating revenue opportunities for system providers, says a report from Fact.MR. The market is forecast to witness ste...

  • Leaders Not Prepared For Major Challenges

    Coming off the back of a challenging labour market, 72 per cent of business leaders say the availability of key talent/skills is one of the top pressing threats to organizational health over the next...

  • Lowe’s Canada Recognized By ENERGY STAR

    Lowe’s Canada received the ‘2022 ENERGY STAR Canada Retailer of the Year – National’ award. The award recognizes the company’s commitment to offering and promoting energy...

  • Saint-Gobain To Acquire Kaycan

    Saint-Gobain plans to acquire Kaycan, Ltd., a family-owned manufacturer and distributor of exterior building materials. Kaycan is based in Quebec and has distribution centres in North America, Europe,...

  • Doors Offer Modern Feel

    Haas Door’s deep gray colour of ’Graywood’ is available for the residential and commercial garage doors in the American Tradition, insulated steel 2000, 700, and 600 series. Availabl...

  • Dollarama First Quarter Sales Up

    Dollarama saw sales increase by 12.4 per cent to $1,072.9 million for the first quarter of 2022 compared to the first quarter of 2021. Comparable store sales grew 7.3 per cent. Earnings before interes...

  • Building Materials Inflation Outpaces CPI

    Building material prices increased in the most recent quarter after a period of levelling off since fall 2021 as supply chain disruptions are easing and shipping costs are beginning to recede, says Ao...

  • March Retail Sales Up

    Retail sales reached $59.2 billion in March, an increase of 4.2 per cent from the same month last year, says Statistics Canada’s ‘Retail Commodity Survey’ for March 2022. Higher sale...

  • SMBs Can Claim In Visa Class Action Settlement

    Small to medium businesses (SMBs) that have been accepting Mastercard and/or Visa credit cards as payment for the last two decades could receive a portion of a recent multimillion-dollar class action...

  • Wilsonart Launches Niche Shelf Collection

    Wilsonart’s Solid Surface Bath and Shower Accessories Niche collection was created to elevate design aesthetic and optimize convenience in tub and shower spaces. The components, which are compat...

  • Inflation Could Spark Economic Slowdown

    A monetary policy-induced economic slowdown is possible if inflation persists. However, for now, the probability of a recession happening in the near term remains low, judging by tight labour market c...

  • Arthur Rivest Joins TIMBER MART

    Sainte-Julienne, QC-based, independent hardware and building material retailer Arthur Rivest Inc. has joined TIMBER MART to maintain its independence and benefit from the group’s national buying...

  • IKO Reopens Brampton Facility

    Roofing manufacturer IKO has opened its recommissioned production facility in Brampton, ON. The original structure was torn down and the new facility sits on its foundation. The plant was shut down in...

  • Slab Companies Celebrate Partnership

    Neolith Group and Ciot held a gala event in Toronto, ON, June 2 to celebrate the partnership that was announced last year. Neolith Group is a manufacturer of sintered stone surfaces and Ciot is a Nort...

  • Owens Corning Completes WearDeck Acquisition

    Owens Corning has completed the acquisition of WearDeck, a composite decking and structural lumber manufacturer based in Florida. Owens Corning expects to significantly grow this business in the comin...

  • Gette Moves Up

    Joe Gette is vice-president, deputy general counsel and secretary at PPG. He joined the company in 2005 and worked most recently as assistant general counsel, mergers and acquisitions, and securities.

  • Credit Card Spending Ramps Up As Inflation Soars

    Consumer reliance on credit cards is increasing, with the average monthly spend per credit card consumer climbing by 17.5 per cent in the first quarter of 2022 compared to the lows of the first quarte...

  • GTA Housing Market Continues To Balance Out

    Greater Toronto, ON, Area (GTA) housing markets are continuing to evolve in response to higher borrowing costs. GTA REALTORS report 7,283 sales through Toronto Regional Real Estate Board’s (TRRE...

  • Analytics Drive Numbers For Lowe’s Canada

    Lowe’s Canada is using data and segmentation systems to identify top spenders in the home improvement industry. Catherine Laporte, vice-president of marketing at Lowe’s Canada, and Michael...

  • Cleanup Begins At Tolko Alberta Mill

    Forest products company Tolko Industries has started cleaning up its High Prairie, AB, division after an early morning fire broke out in the press area of the facility on May 20. Alberta Occupational...

  • NASL Repositions Brand

    North American Specialty Laminations (NASL) is undertaking a corporate repositioning with of Source Cut Industries and SourceCut West (formerly Haida Industries) and all future acquisitions, as NASL....

  • Door System Withstands Elements

    The Masonite Performance Door System is designed to withstand the elements and keep air and moisture from getting inside. It features the company’s 4-Point Performance Seal which includes premiu...

  • Allan Named CEO

    Donald Allan Jr. is chief executive officer at Stanley Black & Decker, effective July 1. Currently, he is president and chief financial officer. He will continue as president. He has been with the...

  • Rising Rates Hurt Canadian Businesses

    Rising interest rates, material, and labour costs are hurting profit margins at many Canadian companies, forcing them to re-evaluate growth plans and pass costs to customers, says a poll by KPMG Canad...

  • Building Permits Decline

    The total value of building permits in Canada declined 0.6 per cent in April to $11.7 billion, says Statistics Canada. Residential permits decreased 3.3 per cent to $7.7 billion nationally, driven mos...

  • TORBSA Merges With AD

    TORBSA Limited and AD, a contractor and wholesale buying group, are merging. TORBSA’s strong leadership and financial success makes it the ideal match for AD, says Rob Dewar, president of AD Can...

  • Ukraine Wants Canadian Business

    People who want to support Ukraine while it is at war with Russia can do so by supporting its businesses. “It is important to provide humanitarian and military aid to Ukraine right now, but it i...

  • Lowe’s Canada Recognized At RCC

    Lowe’s Canada was awarded the ‘In-Store Experience and Design’ category award during the Retail Council of Canada’s (RCC) ‘Excellence in Retailing Awards Gala.’ The...

  • Key Roles Change At Group BMR

    Antonio Di Pasquale is chief operating officer at BMR Group. He joined the company in 2020 as vice-president, supply chain and operational excellence. Charles Grégoire-Béliveau is vice-p...

  • Prospect Of Home Ownership Dims

    Despite historically being one of the top life goals for Canadians, the prospect of home ownership for non-owners remains far from reach, says a study by the Chartered Professional Accountants of ...

  • Residential Construction Will Grow Wall Decor Market

    The global wall décor market size is projected to reach US$87,870 million by 2028, from $71,270 million in 2021, growing at a compound annual growth rate (CAGR) of three per cent during the for...

  • Lowe’s Canada Re-Invents Buying Show

    Lowe’s Canada has completely reinvented its Buying Show exclusively dedicated to RONA dealers and is now launching a new concept with a new name: RONA CONNEXIA. The annual event will now be divi...

  • Canfor Continues Operation Reductions

    Canfor Corporation will continue to reduce operating schedules at its western Canadian sawmills due to the ongoing global supply chain challenges. The company says it has been operating at approximate...

  • Renoworks Sees Dip In Revenue

    Renoworks Software Inc. had revenues of $1.3 million for the first quarter of 2022, a decrease from $1.4 million in the first quarter of 2021. Deferred revenue was $1.37 million for the quarter, down...

  • Conversion Rates Top Priority

    Online retailers plan to focus on conversion rates this year, hoping to increase them by five to 15 per cent, says the ‘2022 eCommerce Executive Key Initiatives Survey Report’ by eCommerce...

  • Customer Service Creates Strong Performance

    With the price of lumber hitting record highs and supply chain challenges still limiting available stock of lawn and garden supplies and other seasonal goods, U.S. home improvement retailers should be...

  • Epicor Updates Business Software

    Software company Epicor has introduced a variety of features across the latest release of its Epicor Industry ERP (enterprise resource planning) Cloud portfolio, including updates for Epicor BisTrack...

  • Robotic Mower Offers Wire-Free Navigation

    Toro’s robotic battery-powered mower offers a vison-based localization system and wire-free navigation. The vision system uses multiple cameras to map and localize the yard, so the mower can nav...

  • Rende Named NASL CEO

    Doug Rende is chief executive officer at North American Specialty Laminations (NASL), a portfolio company of private equity firm Building Industry Partners (BIP). Previously, he was senior vice-presid...

  • BuildDirect Sees First Quarter Revenue Increase

    BuildDirect had revenues of $24.4 million for the first quarter of 2022, a 1.6 per cent increase quarter-over-quarter and 16.8 per cent year-over-year. Pro revenue for the quarter was $18.7 million, r...

  • Business Still Facing Same Issues

    Businesses continue to expect to face a variety of obstacles over the next three months related to rising costs, hiring and recruitment, and supply chain, says Statistic Canada’s ‘Canadian...

  • Steady Growth Forecast For Homewares Market

    The global homewares market was valued at US$175 billion in 2021 and is forecast to reach $200 billion by the end of 2031, registering a compound annual growth rate of five per cent during the forecas...

  • Clip Test Leads Assess Insulation Resistance

    Klein Tools’ Heavy-Duty Alligator Clip Test Leads are made for insulation resistance testing. The alligator clips attach to wires and other conductors and are compatible with most banana-type in...

  • Crystal Promoted At Home Hardware

    Carol Crystal is vice-president, merchandise LBM, with Home Hardware Stores Limited. She joined the company in 2020 and was, most recently, director, merchandise LBM.

  • Toolway Hosts Hybrid Open House

    Toolway Industries, a Canadian hardware wholesaler celebrating its 30th anniversary, is holding a hybrid open house that incudes an in-person event and virtual show. The in-person event takes place Au...

  • Retail Innovation Important To Consumers

    Physical stores remain an important fixture for consumers, but they believe there is still room to make the shopping experience better, says a survey by Tango, a store lifecycle management company. Th...

  • Consumers Investing In Smart Bathrooms

    The global smart bathroom market reached a value of US$2.4 billion in 2021 and is forecast to reach $4.1 billion by 2027, growing at a compound annual growth rate of 9.51 per cent during the forecast...

  • LP Honoured For Conservation

    LP Building Solutions (LP) was honoured as ‘Forest Conservationist of the Year’ at the Tennessee Wildlife Federation's ‘57th Annual Conservation Achievement Awards.’ Each y...

  • Angle Bracket Used For Base-Of-Wall Connections

    Simpson Strong-Tie’s E20/3 Angle Bracket is used for base-of-wall connections in mass timber applications where a gap is desired between the wall and slab to accommodate a still plate or grout p...

  • Trex Sales Up 38 Per Cent

    Trex Company, Inc. had consolidated net sales of $339 million for the first quarter of 2022, a 38 per cent increase over consolidated net sales in the first quarter of 2021. Residential contributed $3...

  • Building Material Sales Rise Again

    Retail sales were virtually unchanged in March, says Statistics Canada. Sales were up in 10 of 11 subsectors, led by higher sales at gasoline stations (+7.4 per cent). Lower sales...

  • Energy Consumption Goals Drive Maintenance Expenditure

    U.S. home improvement and maintenance expenditures continue to see strong growth performance with the last quarter reaching record-breaking growth, says Jobber, a provider of home service management s...

  • Roseburg Breaks Ground On Sawmill

    Roseburg Forest Products broke ground for the construction of its 375,000-square-foot, high-capacity dimensional lumber mill in Weldon, NC. “Roseburg has been the largest private timberland owne...

  • Privacy Screens Can Be Customized

    Sunbelly privacy screens offer a balance of privacy and style with six screen designs – planks, parallel, cinder block, honeycomb, high tide, and blurred lines – in black or bronze with a...

  • Williams Joins Andersen Corporation

    Ryan Williams is president of the Andersen division at Andersen Corporation. Previously, he was president of the global fluid conveyance division at Danfoss.

  • Divestment Boosts Ace Net Income

    Ace Hardware Corporation had total revenues of $2.2 billion in the first quarter of 2022, an increase of 8.9 per cent over revenues in the first quarter of 2021. Retail revenues were down 3.7 per cent...

  • Kitchen, Bath Industry Has Strong First Quarter

    The kitchen and bath industry had a successful operating quarter for the first three months of 2022, growing 12.6 per cent compared to the first quarter of 2021, says the ‘Kitchen & Bath Mar...

  • CTC Explores AI

    Canadian Tire Corporation (CTC) has entered a five-year strategic partnership with the Vector Institute, a not-for-profit artificial intelligence (AI) research organization. As the retail landscape co...

  • Krause Has New Role

    John T. Krause is senior vice-president and general manager, North America at JELD-WEN Holding, Inc. He has been with the company since 2018.

  • AEP Has Strong First Quarter

    Atlas Engineered Products (AEP) had revenue of $12.43 million for the first quarter of 2022, an increase of 35 per cent over revenue of $9.22 million in the first quarter of 2021. Earnings before inte...

  • Shoppers Want Richer In-Store Experience

    After nearly two years of building eCommerce into their buying patterns, shoppers are demanding a new physical store experience that integrates the digital benefits they’ve gotten used to, says...

  • Groupe A-1 Joins Sexton

    Northern-Quebec-based Groupe A-1 has joined Sexton Group. The building materials dealer has just opened its doors in the Abitibi area.

  • Wolseley In-person Tradeshow Returns

    The ‘Wolseley ONE Toronto Tradeshow’ is back for 2022 after a two-year hiatus of in-person events due to the pandemic. Wolseley Canada’s plumbing and HVAC/R event caters to industry...

  • Sales Slide At Scotts Miracle-Gro

    The Scotts Miracle-Gro Company had sales of $1.68 billion for its second fiscal quarter of 2022, down eight per cent from sales of $1.83 billion in the second fiscal quarter of 2021. The U.S. consumer...

  • Cornerstone Has Strong First Quarter

    Cornerstone Building Brands, Inc. had net sales of $1,566.8 million for the first quarter of 2022, an increase of 23.7 per cent compared to net sales in the first quarter of 2021. The growth was prima...

  • Millennials Want More Kitchen Technology

    Advances in-home technology is changing the way designers think about kitchen design and the expectations of their client base, says a report from the National Kitchen & Bath Association (NKBA). A...

  • Autonomous Truck Pilot Program Expands

    Aurora Innovation, Inc. has expanded its pilot program to autonomously move FedEx shipments on an additional commercial lane in Texas. In March 2022, Aurora's autonomous trucks began to transport...

  • Siding Looks Like Wood, Performs Like Steel

    Quality Edge’s TruCedar Steel Siding offers homeowners the look of wood and the performance of steel. Unlike wood, the steel product resists fading and won’t rot, peel, or chip. It is avai...

  • Keffer Joins STIHL

    Chris Keffer is vice-president, sales and marketing of STIHL Inc. Previously, he was president, product management, for the power tools group at Stanley Black & Decker.

  • Supply Chain Costs Affect Walmart Profit

    Walmart’s total revenue was $141.6 billion, up 2.4 per cent, in the first quarter of 2022 compared to the first quarter of 2021. U.S. comp sales grew three per cent and eCommerce growth was one...

  • High Volume, Prices Affect ROCKWOOL Sales

    ROCKWOOL had sales of €924 million in the first quarter of 2022, an increase of 38 per cent over sales in the first quarter of 2021. The increase was driven by high volume demand and sales price...

  • Loyalty Programs Evolving As They Grow

    The market for global loyalty programs is forecast to show strong growth with a compound annual growth rate (CAGR) of 12.2 per cent through 2026, says a report from ResearchAndMarkets.com. This is up...

  • Residential Construction Will Grow Wall Decor Market

    The global wall décor market size is projected to reach US$87,870 million by 2028, from $71,270 million in 2021, growing at a compound annual growth rate (CAGR) of three per cent during the for...

  • Stanley Ventures Acquires Software Provider

    Stanley Ventures, the strategic investment arm of Stanley Black & Decker, has acquired its portfolio company MSUITE. MSUITE is a provider of software solutions for the construction technology spac...

  • Wold Named CFO

    David M. Wold is senior vice-president and chief financial officer (CFO) at Weyerhaeuser Company. He joined the company in 2013 and has served as vice-president and chief accounting officer since 2019...

  • LL Flooring Sales Decline

    LL Flooring Holdings, Inc. had net sales of $279 million for the first quarter of 2022, a decrease of 1.6 per cent compared to net sales in the first quarter of 2021. Comparable store sales decreased...

  • Manufacturing Sales Rise For Sixth Consecutive Month

    Manufacturing sales rose 2.5 per cent to $70.2 billion in March, the sixth consecutive monthly increase, says Statistics Canada. Sales rose in 16 of 21 industries, led by the petroleum and coal (+9.1...

  • CRAFTSMAN Celebrates 95th Anniversary

    Tool manufacturer CRAFTSMAN, a Stanley Black & Decker brand, is now celebrating its 95th anniversary. To help celebrate with its customers, which include homeowners, home builders, auto enthusiast...

  • Gugler Celebrates 25 Years Of Executive Searches

    Wolf Gugler, president of Wolf Gugler Executive Search, is celebrating the 25th anniversary of his executive search and talent recruitment firm this year. After working for other executive search firm...

  • Coveo Launches CX Platform

    Coveo Solutions Inc, a provider of AI-powered relevance platforms, has launched a range of capabilities designed to help customer service employees deliver personalized customer experiences (CX). As c...

  • Ledger Tape Locks Out Moisture

    Trex Seal Ledger Tape is an 11-inch-wide aluminum-lined butyl tape engineered for use on the ledger board of a deck. Deck ledger boards are a primary source of deck failures due to moisture. Due to a...

  • Lowe’s First Quarter Sales Flat

    Lowe's Companies, Inc. had net earnings of $2.3 billion, in line with prior-year results for the quarter ended April 29. Total sales for the first quarter were $23.7 billion compared to $24.4 bill...

  • Building Construction Investment Climbs

    Investment in building construction increased by 1.8 per cent to $20.3 billion in March, says Statistics Canada. Gains were reported in both the residential (+1.7 per cent) and the non-residential (+2...

  • Home Sales Falling Faster Than Listings

    Home sales recorded over Canadian MLS Systems dropped by 12.6 per cent between March and April 2022, says the Canadian Real Estate Association (CREA). The decline placed monthly activity at the lowest...

  • IKEA Canada Opens Downtown Small Format Store

    IKEA Canada will open its IKEA Toronto, ON, Downtown ‒ Aura store on May 25. This is the first store of its kind in Canada, offering the IKEA experience that customers are used to, along with new, con...

  • Cabinet Sales Continue Growth

    March cabinet sales increased 11.3 per cent compared to sales in March 2021, says the monthly ‘Trend of Business Survey’ by the Kitchen Cabinet Manufacturers Association’s (KCMA). Cu...

  • Website Demonstrates Inspiration Behind Product

    Composite shingle brand Beach House Shake has launched a design-inspired website. Introduced to the market in 2017 by Derby Building Products, Beach House Shake was engineered to provide the beauty of...

  • Home Depot First Quarter Sales Rise

    The Home Depot had sales of $38.9 billion for the first quarter of fiscal 2022, an increase of $1.4 billion or 3.8 per cent from the first quarter of fiscal 2021. Comparable sales for the quarter incr...

  • Building Materials Sector Leads Wholesale Sales Gains

    Wholesale sales rose 0.3 per cent in March to $79.8 billion, with the largest increases coming in the building material and supplies sector, says Statistics Canada. This was the seventh increase in th...

  • Housing Starts Remain Historically High

    The trend in housing starts was 257,846 units in April, up from 253,226 units in March, says Canada Mortgage and Housing Corporation (CMHC). "On a trend and monthly seasonally adjusted annual rat...

  • Advocacy Group Protests Deforestation

    In the runup to Home Depot’s May 19 shareholder meeting, the advocacy group Friends of the Chocó has launched a campaign to highlight the company’s practice of carrying Sandeply ply...

  • TORBSA Virtual Vendor Expo Kicks Off

    TORBSA Limited has kicked-off its ‘2nd Annual Virtual Vendor Expo.’ It runs through May 27. The platform allows dozens of suppliers to showcase their newest and most innovative products an...

  • Trex Expands Transcend Decking Line

    Trex Company is expanding its Transcend decking line with the introduction of Trex Transcend Lineage, which offers refined aesthetics, trend-forward colours, and enhanced performance features. The boa...

  • Acquisitions Lead HDI First Quarter Sales

    Hardwoods Distribution Inc. (HDI) had sales of $644.9 million for the first quarter of 2022, an increase of 121.5 per cent compared to sales of $291.2 million in the first quarter of 2021. The increas...

  • Luxury, Healing, Decadence To Dominate Design

    Luxury, healing, and decadence are the main themes forecast for décor this year, says the ‘2022 Next in Design Report’ from home furnishings retailer CB2. It says that the challenge...

  • Consumers Want Recyclable Packaging

    Consumers want products in recyclable packaging, but they also recognize the value of extending the life of packaging through reuse, says a report from Trivium Packaging. Refillable packaging is provi...

  • Exchange Solutions Partners With Fiserv

    Exchange Solutions, a personalized loyalty solutions provider, has partnered with Fiserv, Inc., a global provider of payments and financial services technology solutions, to streamline how large retai...

  • Deckorators Takes On Recycling Company

    UFP Industries affiliate Deckorators, Inc. has acquired Cedar Poly LLC. Founded in 2007 and based in Iowa, Cedar Poly is a full-service recycler of high-density and low-density polyethylene (HDPE and...

  • Price Inflation Helps Builders FirstSource Sales

    Builders FirstSource, Inc. had net sales of $5.7 billion for the first quarter of 2022, a 36.1 per cent increase versus net sales of $4.2 billion in the first quarter of 2021. Core organic sales incre...

  • February Retail Sales Grow

    Retail sales reached $48 billion in February, an increase of 7.3 per cent compared with the same month a year earlier, says Statistics Canada’s ‘Retail Commodity Survey.’ Higher sale...

  • Toronto Plans Mass Timber Pilot Program

    The city of Toronto, ON, has announced a mass timber pilot program for affordable rental housing. This 100-home project – the first of its kind in Toronto – will take a new climate action...

  • Lowe’s Canada Seeks To Fill 500 Positions

    Lowe's Canada is looking for 500 people to fill positions in its RONA and Réno-Dépôt stores in Québec. In addition to in-store positions, the retailer is recruiting for...

  • Users Stand Up To Use Quick Drive Tool

    Simpson Strong-Tie’s Quik Drive PROHSD Wood-to-Steel solution is a quick drive tool that has an extension for stand-up use, eliminating the strain of working on hands and knees. It also features...

  • Castle Makes Changes

    Bruce Holman is retiring from Castle Building Centres Group after nearly two decades of service. He has played an integral role in the success of Castle over the years and has helped nurture and grow...

  • CTC Has Strong First Quarter

    Canadian Tire Corporation, Limited (CTC) had retail sales of $3,421.4 million for the first quarter of 2022, up 9.7 per cent compared to the first quarter of 2021; consolidated comparable sales (exclu...

  • Non-residential Drives Down Building Permits

    The total value of building permits in Canada decreased 9.3 per cent in March to $11.7 billion, mainly due to the non-residential sector (-29.5 per cent to $3.7 billion), says Statistics Canada, as tw...

  • Distribution Rioux Joins Castle

    Castle Building Centres Group has added another member in the province of Québec. Located in Temiscouata, Distribution Rioux in Saint-Louis-du-Ha! Ha! was founded in 2015. It has two locations...

  • CME Wants Bold Action For Manufacturers

    The Canadian Manufacturers & Exporters (CME) is calling on the federal government to provide temporary financial relief to companies impacted by supply chain disruptions and work to resolve &lsquo...

  • Lawson Products Changes Name

    Lawson Products, Inc. has changed its name to Distribution Solutions Group, Inc. (DSG). The distribution company will include operating companies Lawson Products, TestEquity, and Gexpro Services. The...

  • Blower Capable Of Commercial Power

    The WORX Nitro 80V Brushless Backpack Leaf Blower enables homeowners with larger lawns, and commercial landscapers managing medium-sized properties to remove leaves and other yard debris with cordless...

  • Roles Change At Walmart Canada

    Nabeela Ixtabalan is chief operations officer for Walmart Canada. She joined the retailer in 2020 as executive vice-president, people and corporate affairs, following an extensive career in retail wor...

  • AUP Drives Masonite Sales

    Masonite International Corporation had consolidated net sales of $726 million in the first quarter of 2022, an increase of 12 per cent from net sales of $646 million in the first quarter of 2021. The...

  • CFIB Wants Workers’ Compensation Surplus Returned

    The Canadian Federation of Independent Business (CFIB) is calling on workers' compensation boards (WCBs) across Canada to rebate surplus funds back to small business owners. The organization&rsquo...

  • Residential Construction Costs Rise

    Residential building construction costs increased 5.6 per cent in the first quarter of 2022, the highest increase since the second quarter of 2021, says Statistics Canada. Non-residential building con...

  • Armstrong Flooring Files For Chapter 11 Bankruptcy

    Armstrong Flooring, Inc., a designer and manufacturer of flooring solutions, has filed for voluntary protection under the U.S. Bankruptcy Code. In a continuation of its ongoing sale process, the compa...

  • Home Hardware Named A Best Managed Company

    For the 10th consecutive year, Home Hardware Stores Limited has been recognized with a ‘Canada's Best Managed Companies’ designation, retaining its Platinum Club status. This award rec...

  • Giant Tiger CEO Honoured By RCC

    Paul Wood, president and CEO of Giant Tiger, has been named ‘2022 Distinguished Canadian Retailer of the Year’ by the Retail Council of Canada (RCC). This award recognizes a retail leader...

  • Drain Grates Now In Matte Black

    Schluter-Systems is expanding its family of matte black products by introducing two grates that are available for its KERDI-LINE linear drain. The SOLID and SQUARE grates are now available in matte bl...

  • Pandemic Has Positive Impact On Taiga Earnings

    Consolidated net sales for Taiga Building Products Ltd. were $612.7 million for the three months ended March 31, compared to $535.9 million over the same period last year. The increase in sales by $76...

  • Sustainability Priority For Retail

    A maturity survey from BCG and the World Retail Congress finds that sustainability is now a strategic priority for many retail companies. However, the sector as a whole has some way to go before it ca...

  • New Liskeard Dealer Joins Castle

    Castle Building Centres Group has added another location to the Ontario map, this time New Liskeard. North Wood Homes was founded in 2016 by Jared Fleming with the initial goal of building and renovat...

  • Government Invests In First Nations Home Retrofits

    The Canadian government’s Ministry of Environment and Climate Change will invest $2.8 million in SaskPower from the Low Carbon Economy Fund to support its Northern First Nations Home Retrofit Pr...

  • LP Tracks Climate Risks

    LP Building Solutions (LP) has released its first ‘Task Force on Climate-Related Financial Disclosures (TCFD) Index.’ The index communicates how it evaluates and manages climate change ris...

  • Centra Acquires Supreme Windows

    British Columbia-based Centra Windows now has a presence in Alberta with the acquisition of Calgary-based Supreme Windows. Supreme Windows is a family-owned and -operated business founded 55 years ago...

  • Favourable Pricing Drives Resolute Income

    Resolute Forest Products had net income of $210 million for the first quarter of 2022, up from net income of $87 million in the first quarter of 2021. Sales were $945 million in the quarter, an increa...

  • Millennials Turning To Digital Payment Technologies

    Millennial consumers, along with their counterparts from Generation Z, have increasingly begun to turn to digital-first technologies to meet their banking and payment needs, with mobile methods being...

  • Small Businesses Still Suffering From Pandemic

    The current state of small business is, sadly, on a decline in many industries, largely because of growing inflation, a still-broken supply chain, an ongoing labour shortage, and rising rents, says a...

  • Steady Growth Forecast For Hand Tools

    The global hand tools market was valued at $21.3 billion in 2020 and is projected to reach $31.8 billion by 2030, registering a compound annual growth rate (CAGR) of 4.2 per cent over the forecast per...

  • In-store Shopping Leads April U.S. Retail Sales

    Total U.S. retail sales (excluding auto) for April increased 7.2 per cent year-over-year (YOY) and 15.3 per cent compared to pre-pandemic spending in April 2019 (not adjusted for inflation). The Maste...

  • Thermally Fused Laminate Offers Cost Savings

    Thermally Fused Laminate (TFL) offers greater material and labour cost savings when compared to alternative wood-based decorative surface materials, says a value engineering study by EGGER Wood Produc...

  • OSB Leads LP Sales

    Louisiana-Pacific Corporation had net sales of $1,337 million for the first quarter of 2022, an increase of 31 per cent compared to net sales in the first quarter of 2020. Siding solutions net sales i...

  • Kitchen Renovations Have Best Value

    A kitchen renovation is the most worthwhile home improvement project, says a Royal LePage survey of real estate professionals across the country. They say that, on average, a kitchen renovation has th...

  • Vancouver Home Sales Reach Traditional Pace

    Home sales in the Vancouver, BC, area fell in April and returned to more historically typical levels for the month, says the Real Estate Board of Greater Vancouver (REBGV). However, sales figures in t...

  • Lowe’s Canada Fundraising Honoured

    Lowe’s Canada was named ‘Canadian Corporate Partner of the Year’ by Children’s Miracle Network (CMN) for 2021. This award recognizes Lowe’s Canada’s innovative appr...

  • Woodgrain Completes Huttig Acquisition

    Woodgrain, a millwork manufacturer, has completed the purchase of Huttig Building Products, a domestic distributor of millwork, building materials, and wood products. This acquisition increases Woodgr...

  • Interfor Acquires GreenFirst Shares

    Interfor Corporation’s wholly owned subsidiary, Interfor East Ltd. has acquired a total of 28.7 million common shares in the capital of GreenFirst Forest Products Inc. from Rayonier A.M. Ca...

  • Benjamin Moore Enhances AURA Paint

    Benjamin Moore has enhanced its ultra-premium AURA interior paint with a new acrylic resin and formula. The formula now offers a smoother application across all sheens and provides superior hide acros...

  • Peterson Leads Newell Brands

    Chris Peterson is president and chief financial officer at Newell Brands Inc. Previously, he was chief financial officer and president, business operations. He joined the company in 2018.

  • Lumber Earnings Boost Canfor Income

    Canfor Corporation had operating income of $741.9 million for the first quarter of 2022, up from an operating loss of $602.6 million in the first quarter of 2021. The increase reflects a significant i...

  • Inflation, Supply Chain Top Growth Challenges

    Inflation and supply chain concerns are the top two challenges to the growth of the Canadian economy cited by business leaders, says a survey for the Chartered Professional Accountants of Canada (CPA...

  • GTA Housing Market Adjusts

    The Greater Toronto, ON, Area (GTA) housing market continued its adjustment to higher borrowing costs, with the number of transactions down on a monthly and annual basis, says the Toronto Regional Rea...

  • BMO Offers Sustainable Finance Solutions

    BMO Financial Group (BMO) and Export Development Canada (EDC) are bringing sustainable finance solutions to medium- and large-sized Canadian exporting businesses to help them transition from carbon-in...

  • Square Launches Small Business Loans

    Square offering small businesses in Canada “quick and simple access to funds and eliminating another major pain point associated with running a business.” By using transaction data, Square...

  • Lead Generation Software Rates Increased

    Renoworks Software Inc., an end-to-end visualization and lead generating platform for the home renovation and new home construction industry, has had significant lead generation results with a buildin...

  • Pin Nailer Tough Enough For Oak

    DEWALT, a Stanley Black & Decker brand, has launched its Atomic Compact Series 20V MAX Brushless Cordless 23-gauge Pin Nailer. With its high-output brushless motor, the pin nailer is capable of dr...

  • Acquisitions Lead Doman Revenues

    Doman Building Materials Group Ltd. had consolidated revenues of $851.3 million for the first quarter of 2022, an increase of 63.7 per cent compared to consolidated revenues of $519.9 million in the f...

  • Small Business Owners Struggling Post Pandemic

    After two years of rolling lockdowns and business restrictions, the pandemic has had a significant impact on small business owners. Half (50 per cent) report difficulty coping with mental health chall...

  • Ideal Roofing Builds Moncton Facility

    Ideal Roofing Company Limited, an Ottawa, ON-based manufacturer of steel roofing and siding materials, is building a multimillion-dollar manufacturing plant in Moncton,. The facility will occupy 80,00...

  • Fortune Brands To Spin Off Cabinets Business

    Fortune Brands Home & Security, Inc. wants to separate into two companies. It plans to spin off its cabinets business into a standalone publicly traded company. A potential separation is subject t...

  • Home Depot Ventures Into Technology

    The Home Depot has launched Home Depot Ventures, a venture capital fund created to identify, fund, and partner with early-stage companies to accelerate emerging technologies that aim to improve the cu...

  • Residential Sector Boosts West Fraser Earnings

    West Fraser Timber Co. Ltd. had first quarter sales of $3.11 billion and earnings of $1.09 billion. This compares to sales of $2.04 billion in the fourth quarter of 2021 and earnings in that quarter o...

  • Home Improvement Spending Forecast To Stabilize

    Spending on home improvement will increase 2.8 per cent in 2023 to $382.5 billion, forecasts the Home Improvement Research Institute (HIRI), a market research company in the home and building products...

  • Home Hardware Most Trusted

    Home Hardware Stores Limited has been recognized as ‘Canada's Most Trusted Home Retailer’ in the ‘2022 Gustavson Brand Trust Index’ (GBTI). The retailer placed first in the...

  • NKBA Partners With Home Technology Association

    The National Kitchen & Bath Association (NKBA) has entered into a strategic partnership with the Home Technology Association (HTA). HTA helps home design and building professionals find qualified...

  • Core Sales Strong At Newell Brands

    Newell Brands has net sales of $2.4 billion for the first quarter of 2022, a 4.4 per cent increase compared to net sales of $2.29 billion in the first quarter of 2021. Core sales grew 6.9 per cent yea...

  • Homeowners Turn To Remodeling

    Building material prices were up 23 per cent over the last year, in part due to a surge in U.S. remodeling activity driven by three primary conditions: high home equity, few ‘trade-up’ hom...

  • Aesthetics Top Reason To Change Siding

    Aesthetics is the top reason Canadians change the siding on their homes, says a survey by Gentek. It found 38 per cent replaced their siding to improve the curb appeal of their home while 26 per cent...

  • IKO Opens Maryland Facility

    IKO has opened a production facility in Hagerstown, MD, with the official grand opening to be held May 12. The 460,000-square-foot production and warehouse facility marks IKO's first manufacturing...

  • Demand For Sustainable Packaging Grows

    Consumer demand for eco-friendly and sustainable product packaging has proven remarkably stable and robust throughout the societal changes that have occurred in the last several years, says a report f...

  • All Business Sectors Showing Short-Term Confidence

    Short-term confidence has been improving in all business sectors, including those that have been significantly affected by the pandemic, says the Canadian Federation of Independent Business (CFIB) &ls...

  • Gillfor Distribution Acquires AFA Forest Products

    Gillfor Distribution Inc., parent company to OWL Distribution, McIlveen Lumber Industries, Brunswick Valley Distribution, and Brown & Rutherford Co., has acquired AFA Forest Products Inc. AFA is a...

  • Canfor Implements Net-zero Plan

    Building on its sustainability strategy announced in October 2021, Canfor Corporation will implement a comprehensive plan to achieve net-zero carbon emissions by 2050. To do so, it has developed near...

  • Allegion Acquires Stanley Access Technologies

    Allegion plc, a global security products and solutions provider, plans to acquire Stanley Access Technologies LLC and assets related to the automatic entrance solutions business from Stanley Black &am...

  • Giant Tiger Partners With Instacart

    Giant Tiger Stores Limited has partnered with Instacart to launch same-day delivery from more than 180 of its stores across Canada. Available now in serviceable stores, customers can shop an assortmen...

  • Deflector Screw Provides Support For Walls

    Simpson Strong-Tie’s Strong-Drive SDPW Deflector screw is a structural fastening solution that provides support for non-load bearing, full-height partition walls and helps manage wall deflection...

  • Grainger Has Strong First Quarter

    Grainger had sales of $3,647 million for the first quarter of 2022, an increase of 18 per cent over sales of $3,084 million in the first quarter of 2021. On a daily basis, sales increased 16.4 per cen...

  • Business Owners Still Working To Get Back On Track

    A BDC report tracking the state of Canadian business owners' mental health during the COVID-19 pandemic has found that two-thirds say they have things under control when it comes to continuing to...

  • Remodelling Spend Will Increase Before Slowing

    Expenditures for improvements and repairs to the owner-occupied U.S. housing stock are expected to grow throughout 2022 and into early next year, but at a decelerating pace, says the ‘Leading In...

  • Owens Corning To Acquire WearDeck

    Owens Corning plans to acquire WearDeck from JR Plastics Corporation. WearDeck is a North American producer of composite weather-resistant decking for commercial and residential applications. Using pr...

  • Home Hardware Launches Kids Sports Grant Program

    Home Hardware has teamed up with FlipGive, a North American shopping rewards app for teams, to launch the ‘Play More Matching Grant.’ Designed to provide support to young athletes across t...

  • Demand Remains Healthy For Masco

    Masco sales increased 12 per cent to $2,201 million in the first quarter of 2022 compared to the net sales of $1,970 million in the first quarter of 2021. In local currency, sales increased 13 per cen...

  • Paper Makes Recommendations To Fight GHG Emissions

    The Ontario Real Estate Association (OREA) is calling on the provincial government to create a new green home renovation tax credit, introduce on-bill financing (OBF) for building envelope improvement...

  • Home Improvement Retailers Nominated For Excellence

    Canadian Tire Corporation, Federated Co-operatives Limited (FCL), Lee Valley Tools Ltd., Lowe's Canada, Peavy Industries LP, and Walmart Canada are among the finalists for the Retail Council of Ca...

  • Canfor Invests In Arkansas Facility

    Canfor Corporation will invest approximately US$130 million to significantly upgrade and expand its sawmill and planer facility located in Union County, AR. The investment will capitalize on the abund...

  • NC Roofing Facility Gets Upgrade

    Saint-Gobain, through its building products subsidiary CertainTeed LLC, will invest US$118.8 million over the next five years to expand its CertainTeed roofing shingle manufacturing facility in Oxford...

  • Amazon Invests To Spur Supply Chain Innovation

    Amazon is investing $1 billion to spur supply chain, fulfillment, and logistics innovation and further improve the customer and employee experience. The online retailer is creating a venture investmen...

  • Architectural Segment Leads Armstrong Sales

    Armstrong World Industries, Inc. had net sales of $282.6 million for the first quarter of 2022, an increase of 12.2 per cent over net sales of $251.9 million in the first quarter of 2021. Operating in...

  • ESG Importance In Retail Grows

    Retail executives believe that ESG (environmental, social, and corporate governance) factors will matter more than ever in 2022, says Deloitte’s ‘2022 Canadian Retail Outlook.’ Most...

  • Home Sales To Moderate

    In 2022, the level of home sales will remain elevated compared to long run averages, but will moderate from their 2021 peaks, says the Canada Mortgage and Housing Corporation (CMHC). And over the 2023...

  • Lowe’s Canada Ranked Green

    Lowe’s Canada has been ranked among Canada’s greenest employers for a second consecutive year. This celebrates the achievements of employers who are sustainability leaders and proactively...

  • Lumber Prices Drop Slightly

    For the moment, it seems the North American construction framing dimension softwood lumber market has found a supply-demand balance, as the benchmark price dropped slightly but many others remain flat...

  • Falmec Range Hoods Available In North America

    Falmec, an Italian appliance manufacturer bringing more than 40 years of experience to the ventilation category, has launched a collection of outdoor range hoods in North America. Built with stainless...

  • Fredericton Home Show Changes Location

    After two years of hiatus, the Fredericton Home Show will return, but to a different location this year – the Aitken University Centre. Known as central New Brunswick's home improvement even...

  • Retail Sales Edge Up Again

    Retail sales edged up 0.1 per cent to $59.9 billion in February, says Statistics Canada. This was the fourth increase in the last five months. Higher sales at clothing and clothing accessories stores...

  • BC Garden Centres Fitted With Fire Information Hubs

    FireSmart BC, an organization that helps build wildfire resiliency and reduce the negative impacts of fire for British Columbia residents, has launched a virtual FireSmart landscaping hub and plant pr...

  • Foxquilt Launches eCommerce Insurance Product

    Foxquilt, an insurance technology company with a focus on small business, has launched an eCommerce insurance product. The product is designed to help new and existing eCommerce business owners quickl...

  • Walmart Canada Joins Stingray Retail Media Network

    Walmart Canada has joined the Stingray Retail Media Network. Stingray, a music, media, and technology company, will be responsible for exclusive sales representation, in partnership with the Walmart C...

  • LED Lighting System Has 25-Year Lifespan

    Häfele, a manufacturer of hardware and fitting systems, is now offering Loox5, a plug-and-play LED lighting system compiled of linear and point lighting products that offer flexible lighting solu...

  • Pope Leads Epicor

    Lisa Pope is president of Epicor, an industry-specific enterprise software company. She brings more than 25 years of experience in the enterprise resource planning industry, including leadership roles...

  • Renoworks Has Strong Fourth Quarter

    Renoworks Software Inc. had fourth quarter revenue of $1.3 million for the three months ended December 31, 2021. Annual revenues were $5.6 million, up eight per cent over the prior year. Doug Vickerso...

  • Debt Impedes Recovery For Small Business

    Small businesses are facing a long and challenging road to recovery, says the Canadian Federation of Independent Business (CFIB)'s ‘Small Business Recovery Dashboard.’ In fact, only 40...

  • Costs Still Running High For eCommerce Returns

    Online retailers face significant logistical and financial challenges due to the high cost and increasing number of eCommerce returns, says a report from a Pitney Bowes’ BOXpoll survey. The surv...

  • CVC Capital To Invest In Neolith Group

    CVC Capital Partners VIII, a global private equity platform, will invest in the Neolith Group, a sintered stone company that has been controlled by Investindustrial and its founders, the Esteve family...

  • Wyze Lock Bolt Now In Canada

    Wyze Lock Bolt is now available in Canada. The new product uses Lockin's advanced security technology. It is the third co-branding co-operation between the two companies. It features more secure f...

  • Ryan Named CEO

    Heather Ryan is chief executive officer at Federated Co-operatives Limited (FCL), effective May 9. She joined the company in 2013 and currently serves as vice-president, supply chain.

  • Growth To Continue, But Uncertainties Persist

    The Conference Board of Canada’s two-year economic outlook forecasts real gross domestic product (GDP) growth of four per cent this year, easing to 3.3 per cent in 2023. “Although restrict...

  • BMR Pro Gets Digital Labels

    Danavation Technologies Corp., a Canadian-based internet of things (IoT) technology company and provider of micro ePaper displays, is installing its Digital Smart Labels into a BMR Pro branded locatio...

  • Amazon Opens Hamilton Fulfillment Centre

    Amazon Canada has opened its newest advanced robotics facility fulfillment centre. Located in Hamilton, ON, its robotics technology helps extend the reach and capability of its team by making tasks ea...

  • Formica Canada Looks For Ecological Solutions

    With laminate samples being discarded after just one use and considering the dust and paper residues generated by the manufacture of its products, Formica Canada is working with the Université...

  • Panasonic Launches Air Purification System

    Panasonic has launched its WhisperAir Repair Spot Air Purifier in Canada. The unit features nanoe X technology, which helps purify the air, eliminate odours, and reduce airborne pollutants and allergy...

  • Home Depot Makes Changes

    Matt Carey is executive vice-president of customer experience at the Home Depot. He has been with the company for 14 years. Fahim Siddiqui is executive vice-president and chief information officer (CI...

  • Home Sale Activity Back To Fall Levels

    Home sales recorded over Canadian MLS Systems fell back 5.4 per cent between February and March 2022. The decline puts activity back in line with where it had been since last fall, says the Canadian R...

  • Operating Revenue Declined In 2020

    Retail customers spent $669.6 billion at Canadian store and non-store retailers in 2020, leading to a slight decline of 0.1 per cent in operating revenue compared with the previous year, says Statisti...

  • Porcelain To Dominate Ceramic Tile Market

    The global ceramic tiles market is projected to grow from US$207.7 billion in 2020 to $285.1 billion by 2025, at a compound annual growth rate (CAGR) of 6.5 per cent during the forecast period, says a...

  • Tropical Hardwoods Are Sustainable

    Tropical Forest Products is now offering a Black Label brand of curated, certified sustainable collection of tropical hardwoods. The brand’s lumber portfolio consists of a selection of Ipe, Cuma...

  • Ontario Invests In Wawa OSB Mill

    The Ontario government is providing a grant of up to $15 million over four years to Wawa OSB Inc. through the Forest Sector Investment and Innovation Program to support a new state-of-the-art plant th...

  • KNIPEX Tools Launches Tweezer Line

    KNIPEX Tools has launched a full line of tweezers that includes 86 individual tweezers and five sets. The four main categories of tweezers include positioning, stripping, cutting, and gripping. The tw...

  • Wholesale Sales Slip

    Wholesale sales fell 0.4 per cent in February to $78.8 billion, the first decline since July 2021, says Statistics Canada. Lower sales were posted in the personal and household goods, building materia...

  • Hidden Bracket Can Hold 375 Pounds

    Federal Brace’s Freedom Hidden Countertop Bracket is an L-shaped bracket designed to hold countertop overhangs, creating a floating counter appearance. Each bracket can hold up to 375 pounds whe...

  • Rainey Named Walmart CFO

    John Rainey will be executive vice-president and chief financial officer (CFO) at Walmart Inc., effective June 6. Currently he serves as CFO and executive vice-president, global customer operations of...

  • Truro Home Show Returns To Live Event

    The Truro, NS, ‘Home & Outdoor Show’ returns to the Rath Eastlink Community Centre from April 22 to April 24. Previously known as the ‘Colchester County Home Show,’ the eve...

  • Wood Product Sales Continue Upward Trend

    Manufacturing sales increased for the fifth consecutive month, up 4.2 per cent to $67.7 billion in February on higher sales in 14 of 21 industries, led by the motor vehicle (+25 per cent), says Statis...

  • Walmart Canada Opens BC Distribution Facility

    Walmart Canada has officially opened the doors of its most advanced grocery distribution centre, a state-of-the-art facility with leading-edge technology features and a focus on sustainability in Surr...

  • Simpson Strong-Tie Acquires ETANCO Group

    Simpson Strong-Tie has completed its acquisition of the ETANCO Group, a designer and manufacturer of fixing and fastening solutions for the European building construction market. With ETANCO Group&rsq...

  • Nova USA Launches Hidden Fasteners

    Nova USA Wood Products, Inc., a supplier of hardwood products and accessories, has launched a line of ExoDek QuickClip hidden fasteners. The ExoDek QuickClips expand and contract with the natural swel...

  • Sink Named CFO

    Brandon Sink is executive vice-president, chief financial officer, with Lowe’s Companies, Inc., effective April 30. Currently, he is senior vice-president, retail finance.

  • Divestitures Bite Into BB&B Sales

    Bed Bath & Beyond Inc. had net sales of $2,051 million for the fourth quarter of 2021, a decline of 22 per cent compared to net sales of $2,619 million in the fourth quarter of 2020. The decline w...

  • Strong Construction Gains Nationwide

    Investment in building construction increased four per cent in February, reaching $20 billion for the first time, says Statistics Canada. Most provinces reported gains, with Quebec accounting for over...