It really depends on the sector. Some business types suffered significantly and never recovered (eg. restaurants, nightlife) while some have experienced huge growth (online sales, construction, AI) and so it depends really what you're talking about. The trends have been very erratic across the board and there isn't really a single general trend that covers everything
Trump did not cause Canada's recession, that was caused by the Trudeau Liberals. Mass immigration, anti-oil policies, carbon tax, high taxes, these are all things that hamper productivity. Higher productivity = Higher quality of life for everyone not just the wealthy. Canada has a housing crisis, again caused by Trudeau's mass immigration policy. The housing crisis is another thing dampening productivity. Simply increasing the GDP via rapid population growth is not the answer. Trump's tariffs are not helping, but his is all on failed Liberal policies. Do you realize how much money we could pump into the economy if Trudeau was not such a moron? Oil could have brought in billions and we could have lowered the taxes.
Yes likely because they are working other jobs and doing OFs.
This goes with my first point.
Hudson's Bay has not been doing well since it was bought by Americans. The department store died a long time ago. People rather order from Amazones and have it delivered to their home. Simpsons, Sears, Eatons, and The Bay all these companies were bound to fail. They had a huge footprint and people rather order things and have it delivered.
Corporations are making more money then ever. Look at Dollarama, all the grocery stores, real estate, these companies are making tons of money.
True because people got to spend more of their income on food. Prices are so high, but Trudeau's mass immigration policy ensures the prices remain high. Even though it is high the shelves get empty. I mean food, primarily meat. They say beef will be getting more expensive. Why? Less cattle but more demand.
Because people are using Uber Eats and DoorDash. Covid spoiled people, they no longer want to go into the restaurant, they rather order and have it delivered. About coffee, another affect of people getting spoiled by covid. They no longer want to go into work, many just want to work at home. Those days of long line ups to buy coffee is over.
I see spending for escorts has not diminished at all. Clients might have less money to spend but the need for pussy is stronger then ever. Rates going up but agency SPs are booked solid. So all in all, I do not see a slow down to business at all.
Yes of course it depends if the sector. I just gave a random example to nuance the statement "I do not know of any businesses that are making more today than they were making pre 2020. Many have downsized and reduced staff."
I think it's time to remind that:
I think that in difficult time people go for things that help them cope with it: smoking, drinking, drugs and most essentially escorting.
I usually see monster lineups at dollarama in my neighborhood in the evenings and this one dude told me he does weekly groceries there.
I'll say that "The rich get richer and the poor get poorer"
i go to Dollarama not because I have to, but because i hate overpaying. I can get a good paint brush at DL for $2, but at Home Depot the cheapest brush starts at $6 or $7. Same with Nature Valley peanut granola bars...At DL they are $3.25 but at Maxi they start at $4.75, and at other grocery stores they are at $6 or even $7... I argue THAT is the key to their success, things are just cheaper there. Yes, some less fortunate people kinda have to go, but in general almost everybody loves saving a buck or two (or ten lol).
Sounds like the same strategy as fashion brands in outlet. They have products you can't find in the regular retail and are not coming from there. Instead they have line of products dedicated for outlet.
That is pretty much what I said but in a different way hence why I said business has not slowed down even if people got less money to spend.
True but you can only buy some things from Dollarama. I mean a toothbrush will be cheap, a flashlight, socks, the quality is not the same. I buy cans of Pepsi, essentially the same thing but is costs over double at a grocery store. After shave Gillette also. But this reflects the climate created by the Trudeau Liberals, disappearing middle class. Low end stores and luxury stores are doing well, it is the middle stores loosing money. Dollarama is indeed doing well.
A lot of retail stores do not carry many items at brick and mortar stores. It has to be ordered online. Gap is a perfect example of this. They are saving money by doing this.
Even the Dippity-Do gel sold at the Dollarama is not the same quality as the one sold at Jean-Coutu. The Dollarama one is so cheap and watered down.
