Latest News
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Why Is the Canadian Dollar Falling?
Key Takeaways With the Canadian dollar slumping against the US dollar, 2026 isn’t turning out the way many analysts expected. Coming into this year, forecasters had a strong outlook for the Canadian dollar, amid expectations of a…
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Keeping Interest Rates Steady, Bank of Canada Acknowledges Its “Dilemma”
Key Takeaways For the fifth time in a row, the Bank of Canada held its overnight interest steady at 2.25% on Wednesday, as it juggles the economic impact of Iran war-driven energy prices and trade…
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Vance: ‘We’re not seeing any evidence’ that Iran is still closing Strait of Hormuz, oil is flowing
https://www.foxnews.com/live-news/us-iran-peace-deal-nuclear-talks-israel-lebanon-conflict-june-20 Vice President JD Vance told Fox News on Saturday that “we’re not seeing any evidence that the Iranians are still closing down the Strait of Hormuz.” “It is going to take some time to clear…
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Is the Straits of Hormuz Closed? Is the Iran MOU valid?
Summary Direct Answer 1. Is the Iran MOU valid? Yes — currently valid, but weak. The reported MOU was signed by U.S. President Donald Trump and Iranian President Masoud Pezeshkian, according to Reuters, and Iran…
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US/IRAN MOU – Summary
The US/Iran MOU is a 14-point interim framework released by the United States on June 17, 2026, after an agreement reached over the prior weekend. [1] Key points: Bottom line: this appears to be a…
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Empire plans dozens of new discount stores as price-conscious shoppers drive sales in market segment
Grocery retailer Empire Co. Ltd. EMP-A-T +3.04%increase wants to compete more for price-sensitive Canadian shoppers, with plans to open dozens of new discount stores in the coming years. The Stellarton, N.S.-based retailer, which owns chains including Sobeys, Safeway,…
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Indigenous Services Canada (ISC) has planned spending of approximately $24.1 billion for the 2026-27 fiscal year (including internal services).
https://www.canada.ca/en/indigenous-services-canada.html This comes directly from ISC’s official 2026-2027 Departmental Plan. It breaks down as roughly $23.79 billion for the core responsibility (Indigenous Well-Being and Self-Determination) plus internal services. Recent Context and Trends These funds primarily…
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How the historic SpaceX IPO is turning everyday workers into overnight millionaires
SpaceX’s record-setting IPO is creating a financial windfall for thousands of the company’s current and former employees who received stock as part of their compensation. Workers who hold stock in non-public companies are subject to restrictions that…
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Johnson & Johnson CEO credits Trump tax policy for $55B US investment push, including $1B in Florida
Johnson & Johnson is betting big on America, crediting Trump tax policies, top talent and a strong investment environment for inspiring a $55 billion U.S. investment push that spotlights growing confidence in U.S. manufacturing. “We have…