Canadian wholesale profits soar with healthy lumber sales, a general strike brings the Quebec construction sector to a standstill, and Google is tapping into more of your data to connect digital activity to real-world sales. Here’s this week’s Noteworthy News:
Noteworthy News – May 24, 2017
- Good news for Canadian wholesale businesses: while some manufacturing and resource industries are seeing fewer profits, the boom in lumber exports is pushing wholesale sales into record territory, topping $60 billion in March. Via The Toronto Star
- 175,000 Quebec construction workers have launched their second general strike in four years, citing contentions over work schedules, salaries and overtime. The walkout could cost the Quebec economy $45 million a day. Via CTV News
- Google takes activity-tracking to new heights: as the search engine works to connect digital ads to real-world debit and credit card transactions with their new store-sales measurement tool, some privacy watchdogs are on edge. Via The Toronto Star
- Over 75% of Canadian business owners and executives are concerned about imminent cyber breaches, but less than 50% say that their company will be investing more in cybersecurity. Where does your business fall – and are you putting yourself at risk? Via Canadian Underwriter
- Could Newfoundland be Canada’s newest high-tech hub? How the unassuming yet adaptable province could wind up leading a digital surge of startups, software and social enterprise. Via The Financial Post
