Economy

How to Make the Most of Black Friday Deals in Canada

Published

1 year ago

September 12, 2023

Many Canadians are ready to open their wallets with the holidays fast approaching. Whether they’re buying for themselves or others, the Black Friday sales can be a great opportunity to save on some of their top purchases.

Taking advantage of credit card rewards and store loyalty programs is another way to make the most of these blowout sales.

Amazon Canada

Ahead of Black Friday, you can save on electronics, Amazon devices, beauty products, and much more at the online retailer. The company’s Black Friday sale offers a huge selection of discounted products and is especially great for those who already have Prime, which allows them to get early access to Lightning Deals. It’s a good idea to browse and list items you hope to score during the sale. It’s also helpful to check back in on the website regularly and ask Alexa to “tell me my deals” so you can keep an eye out for new discounts. Other Canadian retailers are also getting in on the action. Clothing and accessories label Duer has its Take a Hike Sale starting on November 21 with 30% off full-price winter denim and apparel until November 28. Meanwhile, the ethical clothing brand Poppy Barley has a Buy More, Give More promotion to see the brand donate to KidSport Canada for every purchase.

Canadian Tire

There are several Black Friday deals at Canadian Tire this year, including discounts on luggage, cookware and kitchen appliances. Shoppers can also find deals on Christmas trees and gifts for the whole family. These deals are valid in-store and online. Some of the best deals include 45% off Amazon Echo devices, 40% off Fitbit smartwatches and 50% off brands like Anastasia Beverly Hills. Canadian Tire has an early sales page where shoppers can save on electronics, beauty products and kitchenware. These deals change quickly, so it’s important to check back often. In addition, many retailers offer additional savings on Black Friday and Cyber Monday by pairing their offers with credit card or loyalty rewards apps.

Another way to make the most of Black Friday Deals Canada is to sign up for their Triangle Rewards program. This allows you to earn cash back on purchases and get exclusive discounts. The Canadian Tire website also features an online version of their Black Friday flyer.

Best Buy

Black Friday is the official start of the holiday shopping season on November 25. The day after Thanksgiving, shoppers are encouraged to head into the malls and stores to hunt down deals on everything from household goods to clothes, shoes and beauty products. Best Buy Canada offers some of the hottest deals leading to Black Friday this year. This includes TVs, smartphones, tablets and computers. The retailer has also secured a strong inventory to help ensure Canadians have access to the products they want. Spanx, the tights favorite of celebrities like Olivia Culpo and Brie Larson, is having a Black Friday flash sale. You can save 25% on everything, including full-priced styles, and get an extra 20% off sale items with code BLACKFRIDAY25. Also, Sport Chek offers up to 60% off sports equipment and apparel on Black Friday. This is a great time to revamp your active wardrobe or find a Christmas gift for that special person.

Walmart

Black Friday is a shopping holiday that coincides with Thanksgiving in the United States. It’s a great time to shop for friends and family and tick some items off your Christmas list. It’s also a good time to stock up on home appliances, electronics and kitchen items. This year, Black Friday is longer than ever, and many retailers offer great deals online and in-store. For example, Indigo’s “Black Friday” sale runs from November 22 to November 27 and includes discounts of up to 50% off, including a 30% discount on sale items. Black Friday discounts are also available from other Canadian brands, such as Roots and Lululemon. For example, Lululemon is taking 20% off all its cozy clothes and accessories for winter, like these Herschel Rainer jackets and this Columbia zip-up sweater. Roots, meanwhile, is taking 25% off its already-reduced sale prices.

Economy

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

Published

2 days 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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Economy

Statistics Canada reports wholesale sales higher in July

Published

3 days 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

4 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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