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Canadian inflation ticks up but price pressures remain subdued

Canadian inflation ticks up but price pressures remain subdued
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Pandemic creates winners and losers in Maine s commercial real estate market

Pandemic creates winners and losers in Maine’s commercial real estate market Grocery and home improvement stores, as well as industrial spaces, are booming, but many restaurants have closed and new office development has ground to a halt. Share A “for lease” sign stands outside a building at Monument Square in Portland on Wednesday. Although many commercial real estate sectors appeared to be in dire straits last spring, some, such as industrial and residential buildings, are more in demand now. Derek Davis/Staff Photographer Tim Soley closed on three Old Port buildings Wednesday, two on Middle Street and another on adjacent Canal Plaza. They represent his first commercial real estate purchases in more than a decade.

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MEREDA annual forecast conference looks different, but focus is the same

The 2021 Annual MEREDA Forecast Conference & Member Showcase took on a different look this year, but with the same focus on its goals its had for the past 17 years, organizers said. The conference, which usually attracts more than 1,000 real estate and development professionals from across Maine, took to the internet Thursday, and while no final registration numbers were immediately available, with a week to go, 500 had registered. MEREDA Board President Josh Fifield acknowledged that no one would have to trudge through the snow to the Holiday Inn by the Bay in Portland to get to the conference. This year is different, he said. No trudging and, unfortunately, no being together in the room.

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Annual pace of inflation slowed in December

OTTAWA - The annual rate of inflation slowed in December as the pace of rising food prices decreased.

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Inflation rate slowed to 0 7% in December

The muted result compared to 1% in the previous month

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