TruShield Top 5 – June 26, 2017

Fashion

Amazon’s latest fashion service is posing a big threat towards traditional department stores, the Ontario Skilled Trades Alliance is calling for more skills and apprenticeship training to help close the growing skills gap, and the latest inflation rate could weigh on the Bank of Canada’s interest rate decision. Here’s the TruShield Top Five for this week—a snapshot of news from around the world that may have an impact on your company.

TruShield Top 5 – June 26, 2017

  1. Amazon has its eyes set on the fashion industry, just a week after conquering the grocery business with its purchase of Whole Foods Market for $13.7 billion. Via Toronto Star
  2. A study commissioned by the Ontario Skilled Trades Alliance highlights the need for increased flexible skills and apprenticeship training to properly prepare young people for future careers. Via Business News Network
  3. Three months after the announcement of the 2017 Federal budget, small businesses are still unsure how the changes will affect them long-term. Via Financial Post
  4. The latest inflation rate could play a vital role in the Bank of Canada’s upcoming interest rate decision, which is scheduled to be announced on July 12. Via Canadian Underwriter
  5. One-third of executives surveyed in a recent report are expecting strong business growth in the near future, but remain concerned about the potential business impact of geopolitical uncertainty. Via The Globe and Mail

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