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.

Correction

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.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Artist Nathan Scott’s The Face-off is one of Red Deer’s most recent public artworks. It was installed at Servus Arena. (Advocate file photo.)
Red Deer city council opts to leave public art selection to a commission

Only projects costing at least $1 million will now trigger art component

Red Deer City Coun. Michael Dawe spoke up about an attempted break-in at his home during a city council meeting that discussed policing priorities. (Advocate file photo).
All crimes should be reported, says Red Deer’s RCMP superintendent

Policing priorities are cracking down on property and drug crimes

The number of active cases of COVID-19 in the province sat at 4,477 Monday afternoon, up 826 from Friday’s 3,651, said Alberta’s chief medical officer of health, Dr. Deena Hinshaw. File photo
COVID-19: Central zone active cases up Monday

Alberta reported 1,440 new COVID-19 cases on Monday from over the weekend,… Continue reading

Alice Kolisnyk, deputy director of the Red Deer Food Bank, says the agency expects an increase in demand as the COVID-19 pandemic continues. Three Red Deer based dealerships have donated $10,000 to various local organizations including the food bank. (File Photo by BYRON HACKETT/Advocate Staff)
Three Red Deer car dealerships help organizations in need

Three Red Deer automobile dealerships have come together to donate $10,000 to… Continue reading

“Our members have decided they just can’t do this anymore. We’ve protected this province and you’ve treated us like dirt, so enough is enough,” says AUPE vice-president Bonnie Gostola, whose members protested outside the Red Deer Regional Hospital Centre on Momday. (Photo by SUSAN ZIELINSKI/Advocate staff)
Updated: Hospital workers strike in Red Deer

Some surgeries and ambulatory care clinics postponed around the province

Alice Kolisnyk, deputy director of the Red Deer Food Bank, says the agency expects an increase in demand as the COVID-19 pandemic continues. Every new subscription to the Red Deer Advocate includes a $50 donation to the food bank. (Photo by BYRON HACKETT/Advocate Staff)
Support the food bank with a subscription to the Red Deer Advocate

The community’s most vulnerable members are always in need of a hand,… Continue reading

The Red Deer Regional Hospital Centre could be affected by cuts to Alberta Health Services announced by the government Tuesday. (Photo by BYRON HACKETT/Advocate Staff)
David Marsden: Yes, we know how to do laundry

Union leaders would have us believe there’s something special about their members:… Continue reading

Bayern's Alphonso Davies controls the ball during the German Bundesliga soccer match between Bayern Munich and RB Leipzig at the Allianz Arena in Munich, Germany on February 9, 2020. THE CANADIAN PRESS/AP, Matthias Schrader
Canadian star Alphonso Davies could be out for two months after injuring ankle

Canadian star Alphonso Davies could be out for two months after injuring ankle

B.C. Lions and Toronto Argonauts owner, Senator David Braley speaks after the CFL announced Vancouver will host the 2014 Grey Cup championship football game during a news conference in Vancouver, B.C., on Friday March 8, 2013. THE CANADIAN PRESS/Darryl Dyck
David Braley, owner of three Canadian Football League franchises, dead at 79

David Braley, owner of three Canadian Football League franchises, dead at 79

Alberta alternate Heather Nedohin skips against Saskatchewan during the Scotties Tournament of Hearts in St. Catharines, Ont., on February 21, 2017. Big-game skipping experience. Two national women's curling titles. Two world bronze medals. There's plenty to like about Heather Nedohin's resume. In bringing her on board as coach, Team Kerri Einarson is hoping her knowledge, drive and spirit will help them stay at the top. THE CANADIAN PRESS/Sean Kilpatrick
Two-time Scotties champ Heather Nedohin to coach Team Kerri Einarson this season

Two-time Scotties champ Heather Nedohin to coach Team Kerri Einarson this season

Wayne Gretzky, left, holds up a banner bearing his number during a jersey retirement ceremony with Joey Mos in Edmonton on Firday, October 1, 1999. THE CANADIAN PRESS/Jeff McIntosh
Legendary Edmonton locker-room attendant Joey Moss dies at 57

Legendary Edmonton locker-room attendant Joey Moss dies at 57

Wild caribou roam the tundra in Nunavut on March 25, 2009. Canada and Alberta have signed a deal on caribou protection that gives them years to take action but could allow energy drilling to resume right away on some ranges. THE CANADIAN PRESS/Nathan Denette
Canada, Alberta agree on caribou protection deal that gives them years to take action

Canada, Alberta agree on caribou protection deal that gives them years to take action

Alberta Premier Jason Kenney answers questions after announcing $43 million in repairs and improvements to provincial parks at a news conference in Calgary, Alta., Tuesday, Sept. 15, 2020. All of the Alberta politicians who came into contact with a provincial cabinet minister infected with COVID-19 have tested negative for the virus.THE CANADIAN PRESS/Todd Korol
Alberta politicians in contact with COVID-19-infected minister test negative

Alberta politicians in contact with COVID-19-infected minister test negative

Most Read