Alberta leads country in sales growth leading up to Christmas

CALGARY — Alberta led the country with the strongest retail sales growth during the fourth quarter of 2012, leading up to Christmas.

Moneris Solutions Corporation, Canada’s largest debit and credit card processor, reported Monday that Alberta’s growth in spending was 6.45 per cent compared with last year, followed closely by Newfoundland, at 6.42 per cent. Saskatchewan, Quebec and Ontario experienced moderate growth, with increases in spending of 4.35 per cent, 3.2 per cent and 2.66 per cent, respectively. Prince Edward Island showed the slowest growth in the country, ending the quarter with a 1.01 per cent increase in spending.

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Alberta to lead country in retail sales growth for Christmas

CALGARY — Albertans will lead the charge for retail sales growth this year during the Christmas period, according to a report released Monday by Colliers International.

The 2012 Fall Retail Forecast said Canadian retailers should expect their cash registers to work overtime to the tune of $34 billion in holiday sales, excluding automotive and gas. This represents an increase of 4.6 per cent in December sales volume of traditional shopping centre retail categories, relative to the $32.7 billion in holiday sales in 2011.

Read more:  http://tinyurl.com/cecuq87  

City of Edmonton’s proposed 2013 budget by the numbers:

City’s proposed 2013 budget, by the numbers:

– $1.96 billion: Total proposed spending, up $73 million from this year.

– 194: Number of staff being added equivalent to full-time positions

– $232,000: Sustaining the Africa Multicultural Centre in the old Wellington school until it moves to the yet-to-be built Wellington Multicultural Community Centre.

Read more: http://tinyurl.com/au7lrb3

Wages, population growth explain Alberta’s sky-high retail spending

CALGARY, AB, Oct. 27,2012/ Troy Media/ – Many of us will remember the sketch from the 1983 Monty Python movie The Meaning of Life and the restaurant maître d’ played by John Cleese. “And finally, monsieur, a wafer-thin mint,” he said to his diner, a man of enormous size and girth. Offering the man one more teeny, tiny morsel of food ended badly. If you’ve seen the film, you’ll know. (If you haven’t, use your imagination).

Read more: http://tinyurl.com/9mauses