Loblaw reports $508-million profit jump in second quarterending June 17. Sales growth was driven by inflation-weary shoppers continuing to visit its discount grocery stores more frequently, such as No Frills, Maxi and Real Canadian Superstore, reports Susan Krashinsky Robertson.
Habitat for Humanity is seeing a profound change in who it assists in getting home loans. After decades of helping low-income Canadians get into homes, the charity is, including those earning about $100,000 a year, in yet another sign of how unaffordable Canada has become. Rachelle Younglai reports that the clientele shift is most prominent in the Toronto region, the country’s second-priciest real estate market.