Posted 4/4/2024, 7:09:58 PM
Home Prices and Shrinkage Up, AI Revolution Coming - What's in Store for Canada's Housing, Retail, and Tech Sectors
- Home prices in Canada could reach peak levels in 2023 and set new highs in 2026 according to a CMHC report
- Dollarama reported increased profits as it attracts budget-conscious shoppers, but shrinkage has increased though may be plateauing
- Alphabet's AI investments could be "revolutionary," particularly for YouTube, and help them emerge as "winners" in the AI revolution
- Costco and Sesame launched a personalized weight loss program for Costco members, optionally including GLP-1 prescription drugs
- Toronto area home sales down 4.5% in March 2022 year-over-year, but competition pushed prices up moderately