Financial adviser to the Hudson’s Bay said it was unlikely a buyer would be found for the remaining six stores in Toronto and Montreal
Category: Consumer
Posted inHealth
Trump’s administration moves to ban artificial food dyes
Studies link synthetic food dyes to health conditions including ADHD, diabetes, cancer, genomic disruption, gastrointestinal issues and more
Posted inEconomy
Canada central bank holds interest rate steady amid tariffs chaos
If Canada’s economy showed signs of contracting in the coming months, the Bank of Canada ‘will feel more pressure to respond with a rate cut’
Posted inEconomy
Canada sees surprise inflation dip as uncertainty grows
Inflation in Canada fell to 2.3 per cent in March, which could add pressure on the Bank of Canada to cut its key lending rate, says expert
Posted inTech
Soaring demand for AI chips fuels power usage: report
Exploding global demand for the chip used in energy-hungry AI data centres has raised fears about the technology’s environmental impact
Posted inConsumer
Trump tariffs to test resiliency of U.S. consumers
The Trump tariffs ‘is very clearly going to raise consumer prices,’ says Michael Pearce, a U.S. economist with Oxford Economics
Posted inConsumer
Stellantis pausing some Canada, Mexico production over Trump auto tariffs
Liberal Leader Mark Carney said he stood ‘in solidarity with those workers in Windsor and all those hurt by President Trump’s tariffs’
Posted inConsumer
Starlink rival Eutelsat rolls out wifi on Air Canada planes
European satellite operator Eutelsat is vying to be seen as an alternative to Starlink, as companies look askance at Musk’s political work
Posted inConsumer
U.S. movie theatres urge 45-day ‘baseline’ before films hit streaming
Movie theatres’ profits have been undercut by shorter theatrical-only ‘windows’ brought in during the pandemic
Posted inConsumer
Worldwide protests at Tesla dealerships denounce Musk
Demonstrators descended on Tesla dealerships across the U.S. and in Europe and Canada on Saturday to protest company chief Elon Musk