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Walmart launches ‘Open Call 2022’ to help small US businesses land on store shelves

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BENTONVILLE, Ark. - Small business owners and entrepreneurs: listen up! Walmart announced its 9th annual "Open Call" event, designed to help U.S.

businesses and American-made products get on store shelves — and there are only a few days left to enter. "Small business owners and entrepreneurs with a dream of selling their U.S.

made, grown or assembled products to millions of customers now have their chance," the mega-retailer said in a press release.

If selected, participants will be able to choose from virtual or in-person pitch meetings with a Walmart or Sam’s Club merchant during a June 28-29 event.Applicants who receive a pitch meeting invitation will be given 30 minutes to showcase why their product and business should join the Walmart family.Shoppers wait in line to pay for their purchases at a Walmart store in Los Angeles, California on November 24, 2009, a few days before �Black Friday� the day after Thanksgiving which kicks off the holiday shopping season.

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Canada bans foreign home buyers for two years to cool market
Justin Trudeau, Canada's prime minister, left, and Chrystia Freeland, Canada's deputy prime minister and finance minister, hold copies of the federal budget in Ottawa, Ontario, Canada, on Thursday, April 7, 2022. Freeland is imposing a one-time windf Prime Minister Justin Trudeau’s government announced Thursday it will ban foreign investors from buying homes in Canada for two years in a bid to cool off a hot housing market.Finance Minister Chrystia Freeland took a number of measures to tamp down speculation and demand amid record home prices in announcing the federal budget for the year.The government announced a two-year ban on foreign home buying as well as higher taxes for people who sell their home within a year, though both measures include multiple exceptions including for permanent residents and foreign students.RELATED: California home prices have more than tripled in these citiesThe budget also includes billions for new housing and measures to help Canadians trying to get into the market, including a new savings account and changes to the first-time home buyers tax credit.The government is under pressure to cool an overheated market after prices climbed by more than 20% last year, while rental rates have also been rising.The federal Liberal government is also promising $500 million Canadian (US$397 million) in additional military aid to Ukraine as well as more humanitarian and financial support to Kyiv in response to Russia’s invasion.RELATED: First-time homebuyer? Real estate experts offer advice in crazy marketCanada responded to months of pressure from the NATO military alliance and others by promising more than $8 billion Canadian (US7.2 billion) in new military spending over the next five years.
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