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RCMP Raids Accounting Firm Tied to Smith Government Appointee Amid Procurement Probe

                        RCMP officers at the office of accounting firm Jaberson & Associates in Edmonton on Thursday. An accounting firm owned by a government appointee under Alberta Premier Danielle Smith has been searched by the RCMP as part of a widening investigation into procurement irregularities within the province’s health system. The search is one of several conducted this week as federal officers executed multiple warrants connected to allegations of misconduct in Alberta Health Services contracting.  The probe has intensified scrutiny on companies linked to senior figures associated with the Smith government. RCMP officers were also seen at the Edmonton headquarters of MHCare Medical Corp., a firm at the centre of the broader procurement controversy that has persisted for more than a year. Police confirmed the execution of multiple warrants but declined to provide further details, citing the ongo...

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Black Friday shoppers pulling back on spending

 

 According to a survey by the National Retail Federation, Black Friday sales in the U.S. dropped by 28% compared to 2019, as shoppers avoided crowded stores and opted for online shopping instead.

Here ate the main reasons cited for this trend:

  • Online shopping surge: Online sales on Black Friday reached a record $9 billion, up 21.6% from last year, according to Adobe Analytics. Cyber Monday is expected to be the biggest online shopping day in U.S. history, with sales projected to reach $10.8 billion.
  • Pandemic impact: The coronavirus pandemic has changed consumer behavior and preferences, as people seek convenience, safety, and value. Many retailers have extended their sales period and offered curbside pickup or free delivery options to attract customers.
  • Holiday season outlook: Despite the lower turnout on Black Friday, the NRF predicts that overall holiday sales will increase by 3.6% to 5.2% over 2019, reaching between $755.3 billion and $766.7 billion. However, the uncertainty around the pandemic and the economy could affect consumer confidence and spending.

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