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.
OTTAWA – The parliamentary budget officer says the federal government likely failed to keep its deficit below its promised $40 billion cap in the last fiscal year.
However the PBO also projects in its latest economic and fiscal outlook today that weak economic growth this year will begin to rebound in 2025.
The budget watchdog estimates in its report that the federal government posted a $46.8 billion deficit for the 2023-24 fiscal year.
Finance Minister Chrystia Freeland pledged a year ago to keep the deficit capped at $40 billion and in her spring budget said the deficit for 2023-24 stayed in line with that promise.
The final tally of the last year’s deficit will be confirmed when the government publishes its annual public accounts report this fall.
The PBO says economic growth will remain tepid this year but will rebound in 2025 as the Bank of Canada’s interest rate cuts stimulate spending and business investment.
This report by The Canadian Press was first published Oct. 17, 2024.
OTTAWA – Statistics Canada says the level of food insecurity increased in 2022 as inflation hit peak levels.
In a report using data from the Canadian community health survey, the agency says 15.6 per cent of households experienced some level of food insecurity in 2022 after being relatively stable from 2017 to 2021.
The reading was up from 9.6 per cent in 2017 and 11.6 per cent in 2018.
Statistics Canada says the prevalence of household food insecurity was slightly lower and stable during the pandemic years as it fell to 8.5 per cent in the fall of 2020 and 9.1 per cent in 2021.
In addition to an increase in the prevalence of food insecurity in 2022, the agency says there was an increase in the severity as more households reported moderate or severe food insecurity.
It also noted an increase in the number of Canadians living in moderately or severely food insecure households was also seen in the Canadian income survey data collected in the first half of 2023.
This report by The Canadian Press was first published Oct 16, 2024.
OTTAWA – Statistics Canada says manufacturing sales in August fell to their lowest level since January 2022 as sales in the primary metal and petroleum and coal product subsectors fell.
The agency says manufacturing sales fell 1.3 per cent to $69.4 billion in August, after rising 1.1 per cent in July.
The drop came as sales in the primary metal subsector dropped 6.4 per cent to $5.3 billion in August, on lower prices and lower volumes.
Sales in the petroleum and coal product subsector fell 3.7 per cent to $7.8 billion in August on lower prices.
Meanwhile, sales of aerospace products and parts rose 7.3 per cent to $2.7 billion in August and wood product sales increased 3.8 per cent to $3.1 billion.
Overall manufacturing sales in constant dollars fell 0.8 per cent in August.
This report by The Canadian Press was first published Oct. 16, 2024.