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“Global Bond Yields Surge, Impacting Canadian Borrowing Costs”

Global bond yields have surged to multi-decade highs, sparking interest on Wall Street in a previously unremarkable financial sector. This uptick means higher borrowing costs for Canadians seeking mortgages and auto loans, while also offering stronger returns for investments like Guaranteed Investment Certificates (GICs)...

“Canada’s Job Market Stumbles with 42,000 Job Losses”

Canada's job market experienced a setback in August with a loss of 42,000 jobs, according to Statistics Canada. This decline was unexpected, as economists had anticipated a fourth consecutive month of job gains following May's results. Despite this, the unemployment rate remained stable at...

Chevron to Double Oil Production in Venezuela

Chevron has announced plans to invest over $7 billion in its joint ventures in Venezuela to double oil production to around 600,000 barrels per day within the next five years. This move is part of Chevron's expansion in the Carabobo region of Venezuela's Orinoco...

“Canadian Tire & Tim Hortons Partner to Boost Loyalty Programs”

Canadian Tire Corp. Ltd. and Tim Hortons have joined forces to enhance their customer loyalty programs. Through their new partnership, customers can connect their Triangle and Tims Rewards accounts to earn between two and five per cent in Canadian Tire money on select Tims...

“Lululemon Enters Resale Market Trend with Like New Service”

Lululemon, a Vancouver-based company known for its athletic and leisurewear, has entered the resale market trend by launching its Like New service in Canada. This move aligns with a growing shift in the retail industry towards incorporating second-hand shopping within brands' own platforms. The company...

“Bank of Canada Chief Warns of Inflation Risk”

Bank of Canada's Governor Tiff Macklem has indicated a growing inflation risk, highlighting the surge in energy costs and the impact of Canada's newly imposed counter-tariffs on U.S. goods as potential drivers of increased prices for consumers and businesses. Following the bank's decision to...