Take stock_May 14

ales of new motor vehicles rose 6.3 per cent in March to 122,194, the largest monthly growth since January 2008.

Vechicle sales rise in March: Statscan

Sales of new motor vehicles rose 6.3 per cent in March to 122,194, the largest monthly growth since January 2008. Statistics Canada attributes the increase mainly to higher truck sales. The agency says preliminary industry data for April indicate the number of new motor vehicles sold was essentially unchanged from March. Sales of new trucks (including minivans, sport-utility vehicles, light and heavy trucks, vans and buses) were up 11 per cent to 60,577 in March, more than offsetting the decline in truck sales in February. Sales of passenger cars rose two per cent to 61,617 units, the third straight increase after strong declines at the end of 2008. The number of new motor vehicles sold in March rose in all provinces, with Quebec the main contributor at a 10.4 per cent rise in sales accounting for around 45 per cent of the national increase. Sales in Ontario were up for the third straight month, rising 5.8 per cent. The lowest growth rate was a 1.8 per cent increase in Alberta.

Leon’s Furniture sees minimal drop in revenue

Leon’s Furniture Ltd. (TSX:LNF) says it experienced a small decline in revenues and slight drop in margins in the first quarter but believes it picked up market share across the country through heavy advertising linked to its 100th anniversary. Total revenue from company-owned stores and franchised locations slipped 0.6 per cent year-to-year, to $195.2 million from $196.4 million, although same-store corporate sales were down 1.3 per cent.


Incorrect information appeared in a story on page B3 in Wednesday’s Advocate. The Alberta Sweet 16 campaign, which highlights summer activities in Central Alberta, is offering a Central Alberta getaway, valued at $1,000, not $1,000 in cash.

Just Posted

City of Red Deer gets ball rolling on annexing more land

”It’s important we look ahead,” says Mayor Veer

Walmart melding online and in-store shopping

South Red Deer Walmart recently underwent six months of renovations

Updated: Nature trail unveiled at RDC

Trail unveiling and tree planting honours Nova Chemicals $2 million donation

Rural municipalities seek more funding to address cannabis legalization

Not enough supports in Municipal Cannabis Transition Program

Video: Windows smashed at three Red Deer businesses

Red Deer RCMP arrest man after vandalism spree

Automated cars could kill wide range of jobs, federal documents say

OTTAWA — More than one million jobs could be lost to the… Continue reading

McGill research finds significant driving impairment 5 hours after cannabis use

MONTREAL — Driving under the influence of cannabis remains dangerous even five… Continue reading

Family: Remembering the important things

It seems so much of life is work and routine and then… Continue reading

Canada gets into Women’s World Cup with 7-0 win over Panama

FRISCO, Texas — Christine Sinclair isn’t concerned about chasing records. She’s set… Continue reading

Baldwin urges ‘overthrow’ of Trump government via voting

MANCHESTER, N.H. — Actor Alec Baldwin followed up his latest parody portrayal… Continue reading

Prince Harry and Meghan expecting their 1st child in spring

CANBERRA, Australia — Prince Harry and his wife, the Duchess of Sussex,… Continue reading

Sears files for Chapter 11 amid plunging sales, massive debt

NEW YORK — Sears filed for Chapter 11 bankruptcy protection Monday, buckling… Continue reading

Doctors to debate medical pot as more patients expected to ask for prescriptions

VANCOUVER — Doctors with opposing views on whether medical marijuana should be… Continue reading

Most Read