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Lowe's Canada was the Canadian subsidiary of American home improvement chain Lowe's, which acquired Rona Inc. in 2016. In 2023, it sold its Canadian operations to Sycamore Partners, which phased out the Lowe's brand and replaced it with Rona+.
Rona is a Canadian retailer of home improvement and construction products and services, owned by U.S.-based private equity firm Sycamore Partners. Founded in 1939, the company operates under multiple banners, including Rona, Rona+, Réno-Dépôt and others, and has around 470 locations across Canada.
Lowe's is a public company that operates a chain of home improvement and hardware stores in the United States and Canada. It was founded in 1921 in North Carolina and is the second-largest hardware chain in the world behind The Home Depot.
A price index is a statistic that compares the average price of a basket of goods or services in different periods or regions. Learn about the origins, uses and methods of price indexes, such as the consumer price index, the producer price index and the Lowe index.
A consumer price index (CPI) is a price index that measures the average change in prices of a basket of consumer goods and services over time. It is used to track inflation and compare the cost of living across countries.
Learn about the significant rise and fall of Canadian real estate prices from 2002 to present, and the factors that contributed to the housing market's vulnerability and affordability. See the history, background, and analysis of the Canadian property bubble and its impact on the economy and society.
The S&P/TSX Composite Index is the benchmark Canadian stock market index representing roughly 70% of the total market capitalization on the Toronto Stock Exchange. It reached an all-time closing high of 22,185.25 on April 1, 2024 and an intraday record high of 22,220.91 on March 28, 2024.
This article compares the economies of Canada and the United States based on various indicators such as GDP, debt, inflation, unemployment, and trade. It shows that both countries are developed economies, but Canada has lower debt, higher growth, and lower unemployment than the US.