Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. The price of oil is rising again China has shown signs that they are ready to buy more oil, which could mean the economy will perform better, and crude oil prices will move back between $90 and $100 a barrel. PM announces investment in quantum computing Justin Trudeau announced… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Canadian consumers and businesses are expecting a recession this year The Bank of Canada released its business outlook and consumer expectations surveys on Monday, and it showed that more businesses than usual expect their sales to decline in the next 12 months. House values fell 12% on average from… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Bell changing donation format for Let’s Talk Day Bell is changing its Let’s Talk Day campaign, promising to donate $10 million regardless of whether anybody texts or tweets the phrase on Jan. 25. Lululemon stock plunges The fall came after Lululemon said it expects gross margins to decline in… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. First BrightDrop Zevo 600 electric delivery van rolls off the line A General Motors plant in Ingersoll, Ontario has been converted into an assembly line for electric delivery vans and produced its first vehicle this week. The plant is the first full-scale electric vehicle-making facility in Canada. Food prices… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Is the housing correction finally here? Home sales rose 1.3 per cent in October, the first rise since February. Some analysts are wondering if this is the first sign that the Canadian real estate market has finally adjusted to the higher cost of borrowing. How climate change will affect… Read more
Welcome back to our Weekly Digest. Read on for the latest updates and some ideas to help us all move forward. Tiff Macklem warns us to brace ourselves As the Bank of Canada continues to try to fight inflation, governor Tiff Macklem said last week that we should prepare for further interest rate hikes this winter. The hope is that we will achieve just a mild recession. Homeowners choosing to… Read more