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West Four Group of Companies Announcement!
Aug 22, 2023 | Industry NewsWest Four Group of Companies is proud to announce and introduce the newest members of our team - our ever growing team is something we pride ourselves on. Each new member added to our team brings new knowledge and perspective!
National Guard Products welcomes Chris Moore
Aug 10, 2023 | Industry NewsPlease join us in welcoming Chris Moore as the new Country Manager of Canada. With an impressive track record of success in managing sales teams in Canada with other leading door hardware manufacturers, Chris brings a wealth of expertise to the role.
The Economy Is On Fire (Sort Of)
Jul 28, 2023 | Economic News and ForecastsJuly 28, 2023 - Statistics Canada released May GDP results, showing the economy is still hot - in more ways than one.
Access Control Market Projected to Be Worth 15B Dollars in 2029
Jul 24, 2023 | Industry NewsThe access control market is worth about $10 billion this year and is projected to reach $15 billion in 2029, according to a new study from Adroit Market Research.
Neil Austin Teas - Obituary
Jul 20, 2023 | Industry NewsIt is with great sadness that we share the passing of Neil Austin Teas on July 10, 2023. Neil is survived by his wife of 40 years, Edythe, sons Jeff and Andy and daughters Kristi and Ronda, and his 9 grandchildren.
May Building Construction Data Released
Jul 20, 2023 | Economic News and ForecastsStatistics Canada released its May 2023 investment in building construction data. Overall, investment fell by 1.2% compared with June 2023, driven by a decrease of 1.7% in residential construction. Non-residential construction investment remained largely unchanged...
BoC Raises Rates as Expected
Jul 13, 2023 | Economic News and ForecastsThe Bank of Canada (BoC) raised its key overnight rate by 25 basis points to 5.00% yesterday. This increase, which follows a similar one in June (below), was widely expected. The BoC's announcement pointed to stronger-than-expected growth in the economy this year...
April GDP and May GDP Estimate Released
Jun 30, 2023 | Economic News and ForecastsStatistics Canada issued the GDP report for April today, showing no change from March. Note, however, that April saw the strike at CRA, and this pulled GDP down; without the strike, GDP would likely have increased again, by about 0.1%...
Inflation Slows in May, But Is It Enough?
Jun 27, 2023 | Economic News and ForecastsStatistics Canada released the May inflation figures today. The headline Consumer Price Index (CPI) rose by 3.4% in May (vs. May 2022), down from April's 4.4%. However, excluding gasoline, the May increase was 4.4% following April's 4.9%...
Bank of Canada Boosts Bank Rate
Jun 7, 2023 | Economic News and ForecastsIn a move that caught several pundits off guard, the Bank of Canada (BoC) raised its benchmark rate by 25 basis points to 4.75%. What was surprising was the timing - many felt that, while an increase was in the cards, it wouldn't happen until the July meeting...