May 2025
Hello everyone,
Like the weather, the stock market has warmed up a bit in recent weeks.
The stock markets haven't regained all the ground they lost, but it's now a little less depressing to take a look at your investments...
If there was anything to watch out for during new
Prime Minister Mark Carney's visit to the White House, some of the uncertainty has finally been lifted on the subject of tariffs.
The trade war is still going on, but we can see that the Canadian response is getting organized.
The results of Canadian companies' diversification efforts are beginning to show. Data published by Statistics Canada show an increase in Canadian exports outside the U.S., and a drop in imports from the U.S..
Uncertainty has also spread south of the border... The tide has turned for some major retailers, including
McDonald's. Despite a proliferation of promotions, its minute meals are selling less well. Sales and profits are down compared to 2024. Americans, worried, are spending less.
Did you know that taxes will no longer be automatically added to tips from electronic payment terminals?
A new law (
Bill 72, or
Loi protégeant les consommateurs contre les pratiques commerciales abusives et offrant une meilleure transparence en matière de prix et de crédit)
came into force on May 7. It amends the Consumer Protection Act and affects several aspects of your wallet.
From now on, when the
payment terminal offers tip percentage choices, it must now calculate them
before both taxes and offer a personalized percentage option.
These legislative changes have corrected a situation that was irritating many customers, as it was driving up the bill, often unbeknownst to them.
Grocery price display (unit prices, member and non-member prices, multiple purchases, taxable and non-taxable items) and the Price Accuracy Policy have also been improved. The aim is to make them clearer and easier for consumers to understand.
The amount of compensation in the event of a pricing error against the customer has been increased to $15. It was previously $10.
See you soon!
Francis, Michael, Hossein, Jean-Marc, Kristopher and Stéphane
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