Loblaws asks customers to use PC Optimum points to tackle food insecurity and it’s not going over well

Loblaws asks customers to use PC Optimum points to tackle food insecurity and it’s not going over well

Loblaws recently sent out an email to its PC Optimum members with a special request, and the contents are enraging several customers. In the email, the Canadian supermarket chain announced its Giving Tuesday campaign, a day where Loblaws strive to promote generosity worldwide. “We’re proud of the many charitable things we do to help Canadians … Read more

Canadian dollar hits 11-day low as greenback notches broadbased gains

Canadian dollar hits 11-day low as greenback notches broadbased gains

The Canadian CADUSD dollar weakened to its lowest level in 11 days against its US counterpart on Monday as rising COVID-19 cases in China weighed on investor sentiment and speculation that OPEC would increase output led to volatility in the price of oil. The loonie was trading 0.4% lower at 1.3440 to the greenback, or … Read more

Canadian dollar rises as October flash economic estimates show gains

Canadian dollar rises as October flash economic estimates show gains

The Canadian dollar CADUSD rose against its US counterpart on Tuesday as investor risk appetite picked up and preliminary domestic data showed retail sales climbing in October, while investors awaited comments by a senior Bank of Canada policy-maker. Canadian retail sales fell by 0.5 per cent in September from August, matching estimates, weighted by lower … Read more