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Retail sales rise 1.2% in August after shoppers pulled back spending in July

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This page from Castanet Kamloops bundles several stories under one link. Only the Kamloops-area stories are indexed on topic pages; the rest are listed here for the record.

  • provincial Canadian retail sales rise 1.2% in August
    Canadian retail sales rebounded 1.2% in August after a 0.5% decline in July, driven by increased consumer spending across multiple retail categories including clothing, furniture, and online retailers.
  • provincial Canada housing starts edge lower in August
    Canada Mortgage and Housing Corp. reports that seasonally adjusted annual housing starts declined slightly to 229,046 units in August from 229,360 in July, driven by declines in Ontario and other provinces.
  • provincial Canadian banks cautious on AI deployment at scale
    Banking leaders at the Canada Fintech Forum report that while over 30% of finance firms use AI, major obstacles including cost and security concerns prevent wider deployment to millions of customers.
  • out_of_scope Stock markets slide as Fed rate hike looms, Middle East tensions rise
    North American and international stock markets declined amid expectations of a Federal Reserve interest-rate hike and rising oil prices fuelled by Middle East conflict and Saudi pipeline disruptions.
  • out_of_scope AI stocks pressured by safety concerns, China competition
    Artificial intelligence stocks face downward pressure following calls from AI industry leaders for a deliberate slowdown in AI development and heightened competition between U.S. and Chinese firms.
  • provincial BC's fastest-growing companies 2026: commodity prices and redemption stories
    Business in Vancouver's 2026 fastest-growing companies list reveals how commodity price volatility, recovery from disaster, and revenue growth do not always translate to profitability or share-price gains, with examples including mining firms Monument Mining and Avino Silver & Gold Mines.
  • regional Imperial Metals rebounds after Mount Polley disaster and decade of decline · indexed on Thompson-Nicola Business & Economic Growth
    Imperial Metals Corp., which faced its share price collapse following the August 2014 Mount Polley dam failure disaster near Williams Lake, has rebounded with revenue rising 417.8% to $691.8 million in 2025, achieving the No. 5 rank on BIV's fastest-growing companies list.
  • provincial Burcon NutraScience achieves explosive revenue growth but faces mounting losses
    Burcon NutraScience Corp. ranks No. 2 on BIV's fastest-growing companies list with 1,220.7% revenue growth, but its annual net loss widened dramatically to $14.3 million in 2025, and its share price has declined 96.87% over five years.

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