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Economy and Politics

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How much growth is expected for Canada?
August 4, 2023 by Adam Malik

Economic growth is on the horizon after a flat second quarter, according to the Canadian Federation of Independent Business. The group is expecting a modest rebound of 1.4 per cent in the third quarter of this year, its latest Main…

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How the economy is influencing car buying
June 15, 2023 by Adam Malik

Inflation and other economic factors are influencing the attitudes and actions of car buyers in Canada, according to a survey from Canadian Black Book. Furthermore, higher prices have pushed shoppers to look at more options when buying a vehicle. DesRosiers…

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Where does Canada sit on the global EV spectrum?
June 14, 2023 by Adam Malik

In Europe, they have no appetite for internal combustion engines. In fact, they don’t even want hybrids. So they’re electrifying and electrifying quickly, said an industry observer. On the other hand, you have the United States which is very slow…

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U.S., Canada, team up on EV charging corridor
June 8, 2023 by Adam Malik

A 1,400-km corridor for electric vehicle charging stations is set to be built from Michigan and stretch into Quebec. The joint binational alternative fuel corridor agreement was announced by federal Minister of Transport Omar Alghabra and U.S. Secretary of Transportation…

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R2R bill tabled in Quebec
June 1, 2023 by Adam Malik

A new right to repair bill tabled in Quebec would make it the first province and one of a few jurisdictions in North America that protects the consumer’s right to choose where to have their vehicle repaired. If passed, Bill…

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No recession in Canada: S&P
May 19, 2023 by Adam Malik

High interest rates. Inflation up but but slowing. No recession. All of that is great news for the automotive aftermarket.

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How the aftermarket should handle higher interest rates
April 28, 2023 by Adam Malik

Like any other input increase, when interest rates go up those costs must be passed on by the automotive aftermarket, advised an industry leader. But while the automotive aftermarket can find ways to reduce the impacts of commodity cost increases,…

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The recipe behind the EV hype
March 24, 2023 by Adam Malik

A number of automotive aftermarket professionals have posed the question: Why the rush to electrify vehicles? It’s been asked to Auto Service World by readers in person or in the comment section of stories. It’s also been posed to Paul…

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How much inflation could drop by the end of year
March 2, 2023 by Adam Malik

And just how high could interest rates go? A new report looks at the possibilities

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Why we won’t see low inflation again
February 24, 2023 by Adam Malik

Industry expert explains why things won’t go back to the way they used to be. Higher interest rates and higher inflation are here to stay

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Businesses call for cap on credit card fees
February 17, 2023 by Adam Malik

Small businesses in Canada are calling on the federal government and payments industry to move faster on capping processing fees for credit card usage by consumers. The Canadian Federation of Independent Business released results from a recent survey that found…

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Why CFIB doesn’t see recession for now
January 20, 2023 by Adam Malik

A quarterly report from the Canadian Federation of Independent Business forecasts slow economic growth and receding inflation — all signs that the country may sidestep a recession. The last quarter of 2022 is expected to see 1.2 per cent annualized…