As with any business, owning and operating a beauty salon, hair salon or spa – or a combination of beautician services - can be a highly rewarding and thriving business opportunity, provided you are prepared for the associated risks. The market size for hair and nail salons in Canada is a $4.1 billion – a drop from 2019 when the market reached approximately $5.2 billion! In 2022, there are 35,186 beauty salons; a .01% increase from 2021. The industry is growing at a rate of .04% per year; Ontario (15,617 businesses), Alberta (6,749 businesses) and British Columbia (6,688 businesses) are the provinces with the highest number of hair & nail salons in Canada.

Happy Halloween

Announcement Anastasia Botchkarev, Chief Financial Officer & Chief Financial Officer

The Canadian charity and not-for-profit sectors are a vital part of the Canadian economic fabric, and make a significant impact on the lives of Canadians. Canada is one of the largest, and most active supporters of not-for-profit, charity and volunteer sectors in the world.

Understanding the complications associated with calculating the complexities of damage and/or replacement cost value for heritage properties and structures requires specialized experience.

This important base of knowledge can alleviate what are often tragic outcomes of insufficient insurance, determining appropriate insurance, replacement costs, actual cash value, etc., that complicate coverage in evolving times. Canadian Heritage and its portfolio organizations play a vital role in the cultural, civic and economic life of Canadians. Culture and heritage represent more than $57 billion in the Canadian economy and close to 673,000 jobs in sectors such as film and video, broadcasting, music, publishing, archives, performing, heritage institutions, festivals and celebrations.

Tattoos, piercings, and scarification have been around for thousands of years and are seen by many as a way to express oneself. They may also be used culturally to show status. However, it is necessary to understand the health risks associated with these types of body modifications with the line-ups forming in this growing billion dollar industry.