FCNB Concerned For Consumers Using Credit On Big-Ticket Items
The caution come as tighter clamps on lending and increased borrowing costs have led retailers to offer longer terms on finance plans and other perks to entice buyers.
New Brunswick
New Brunswick-Owned Cosmetic Company Receives LGBTQ+ Owned Business Certification
Upfront Cosmetics, a New Brunswick founded eco-friendly hair care company, received it’s LGBTQ+ owned business certification. Some larger companies have supplier diversity mandates, meaning they have to purchase a certain amount of goods or services from minority-owned or diverse enterprises. This certification will allow Upfront Cosmetics to compete with other companies.
Port Saint John Expansion Could Increase Region’s GDP By $1 Billlion
The port expansion comes as New Brunswick faces the daunting task of filling an estimated 120,000 job openings over the next decade. And the province’s deputy labour minister warns there will soon be more non-workers than workers if steps are not taken.
Top Exec Leaving Crombie REIT
Headquartered in New Glasgow, Crombie REIT has business ties to Sobeys’ parent company, Empire Company Ltd. – its largest shareholder. Crombie REIT owns 294 income-producing properties, the majority of which are grocery-related, and include Sobeys locations across Canada, for a total of 18.5-million square feet across all 10 Canadian provinces.
Rent Cap Officially Takes Effect In New Brunswick
The proposed legislation put forward earlier this year received Royal Assent on Friday. That means rent increases are now capped at 3.8 percent from Jan. 1 until Dec. 31.
Fredericton’s AlliLite Safe App Is Crowdsourcing Community Safety
The AlliLite Safe app allows users to report incidents in their area anonymously to keep their community safe.
New Brunswick Entrepreneur Aims To Transform Physical Therapy With “First-Of-Its-Kind’ AI Platform
Pascal McCarthy, who recently won Mitacs Change Agent Entrepreneur Award for his AI platform and company, Parados Cerebral Solutions, wants to change the way physical therapists assess patients.
Manufcaturers Say New Tax Hurts N.B.’s Competitiveness
New Brunswick’s manufacturing sector is pushing back against new property tax changes that specifically target heacy industries.
Take It Outside Celebrates Grand Opening Of New Halifax Location
Take It Outside founder Sue Stanfield is pleased to have officially opened her newest retail location, Take It Outside Elevated, in Halifax.
Slight Relief In Saint John’s Housing Market As Inventory Climbs
The number of houses on the market is going up in Saint John, a possible sign that the market is moderating.
