All-Saskatchewan WHL final boosting province’s economy

Published

5 months ago

April 26, 2024

The Saskatoon Blades are heading into round three of their WHL playoff run on Friday against the Moose Jaw Warriors and city residents are excited to get in on the action.

“It’s been a lot of years since they have done this well in the playoffs so it’s great,” said Saskatoon resident Brendan Belcher.

He said his family has playoff passes and he was in The Fez on Friday to buy his son a Blades hat.

Cory Weibe was also there, buying a shirt for his kid for the game.

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“It’s great for the economy,” he said. “I’m sure sales are high across the board and you are seeing eight to 10,000 people in the arena every night so it’s great for the economy.”

Tanner Chubey, communications for the Saskatoon Blades said the energy around the playoffs has been “electric.”

“Everywhere I go, people are talking about the Saskatoon Blades and it’s really cool. The main story coming in is that it’s an all Saskatchewan final.”

He said it’s a great boost for the province.

“We have fan buses going to Moose Jaw for game three and four, I’m sure lots of Moose Jaw fans will be here in attendance tonight.”

Chubey said the energy has brought a lot of eyes on junior hockey and attention from fans.

“They are all in on the Blades going all the way this year, just like the team,” he said.

The puck is set to drop at 7 p.m. Friday at the SaskTel Centre to kickstart the round.

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S&P/TSX composite gains almost 100 points, U.S. stock markets also higher

Published

15 hours ago

September 13, 2024

Anne Joseph

TORONTO – Strength in the base metal and technology sectors helped Canada’s main stock index gain almost 100 points on Friday, while U.S. stock markets also climbed higher.

The S&P/TSX composite index closed up 93.51 points at 23,568.65.

In New York, the Dow Jones industrial average was up 297.01 points at 41,393.78. The S&P 500 index was up 30.26 points at 5,626.02, while the Nasdaq composite was up 114.30 points at 17,683.98.

The Canadian dollar traded for 73.61 cents US compared with 73.58 cents US on Thursday.

The October crude oil contract was down 32 cents at US$68.65 per barrel and the October natural gas contract was down five cents at US$2.31 per mmBTU.

The December gold contract was up US$30.10 at US$2,610.70 an ounce and the December copper contract was up four cents US$4.24 a pound.

This report by The Canadian Press was first published Sept. 13, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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Statistics Canada reports wholesale sales higher in July

Published

22 hours ago

September 13, 2024

Anne Joseph

OTTAWA – Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, rose 0.4 per cent to $82.7 billion in July.

The increase came as sales in the miscellaneous subsector gained three per cent to reach $10.5 billion in July, helped by strength in the agriculture supplies industry group, which rose 9.2 per cent.

The food, beverage and tobacco subsector added 1.7 per cent to total $15 billion in July.

The personal and household goods subsector fell 2.5 per cent to $12.1 billion.

In volume terms, overall wholesale sales rose 0.5 per cent in July.

Statistics Canada started including oilseed and grain as well as the petroleum and petroleum products subsector as part of wholesale trade last year, but is excluding the data from monthly analysis until there is enough historical data.

This report by The Canadian Press was first published Sept. 13, 2024.

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Economy

S&P/TSX composite up more than 150 points, U.S. stock markets mixed

Published

2 days ago

September 12, 2024

Anne Joseph

TORONTO – Canada’s main stock index was up more than 150 points in late-morning trading, helped by strength in the base metal and energy sectors, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 172.18 points at 23,383.35.

In New York, the Dow Jones industrial average was down 34.99 points at 40,826.72. The S&P 500 index was up 10.56 points at 5,564.69, while the Nasdaq composite was up 74.84 points at 17,470.37.

The Canadian dollar traded for 73.55 cents US compared with 73.59 cents US on Wednesday.

The October crude oil contract was up $2.00 at US$69.31 per barrel and the October natural gas contract was up five cents at US$2.32 per mmBTU.

The December gold contract was up US$40.00 at US$2,582.40 an ounce and the December copper contract was up six cents at US$4.20 a pound.

This report by The Canadian Press was first published Sept. 12, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

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