finance

In a significant turn of events affecting Canadian fashion, Comark Holdings Inc., the parent company of popular clothing brands Cleo and Ricki’s, has announced it will close all stores under these names. This decision comes as the company filed for creditor protection, a move that signals serious financial troubles within the company. It’s a tough […]

In a significant shake-up for Canadian retail, Comark Holdings Inc., the company behind popular clothing brands Ricki’s and Cleo, has announced the closure of all its stores across Canada. This decision comes after the company filed for creditor protection, revealing the tough challenges it has faced in recent years due to the lingering effects of

Today marks a tough day for many shoppers and employees alike, as Comark Holdings, the owner of popular Canadian clothing brands Ricki’s and Cleo, has announced that all stores under these names will be closing. The Vancouver-based company has filed for creditor protection, highlighting ongoing struggles in the retail sector, especially affecting companies that have

The Canadian dollar, often referred to as the ‘Loonie,’ is experiencing a challenging moment as it comes face-to-face with various economic shifts and uncertainties, particularly following Prime Minister Justin Trudeau’s recent announcement of his resignation. This significant political change has sparked discussions about potential impacts on the currency’s future and has opened the door to

In a surprising announcement made Monday, Prime Minister Justin Trudeau revealed his decision to resign, a move that momentarily lifted the spirits of the Canadian dollar, affectionately known as the loonie. Following his announcement, the loonie surged by approximately one percent against the U.S. dollar, reaching a high of about 70 cents U.S. This fluctuation

A popular Canadian furniture store, Wazo Furniture, with locations in Toronto and Montreal, appears to have closed its doors for good, leaving many customers confused and disappointed. This closure is part of a worrying trend, as Canadian businesses face tough economic challenges. Wazo Furniture’s Sudden Closure Wazo Furniture, known for its stylish offerings, has reportedly

In a shocking turn of events, Wazo Furniture, a well-known retailer with locations in Toronto and Montreal, appears to have shut its doors, leaving many customers frustrated and out of pocket. This unexpected closure has sparked a wave of concern among shoppers, many of whom are left wondering how they will retrieve their hard-earned money.

In 2023, Canada’s business world witnessed a staggering sum when it comes to CEO salaries. According to a report from the Canadian Centre for Policy Alternatives (CCPA), the average compensation for the country’s top 100 CEOs reached an impressive $13.2 million. This figure not only marks the third-highest average CEO pay since 2007 but also

In the fast-paced world of stocks, GameStop, a company that rose to fame in 2021, is once again making headlines. Recently, analysts have raised important questions about whether GameStop’s stock really holds any value, especially after a noticeable price increase. Let’s dive into what’s happening with GameStop and why it matters to investors. GameStop is

In the world of investing, GameStop, the popular video game company, continues to be a hot topic as its stock price fluctuates. Recently, a new financial analysis questioned the actual value of GameStop’s stock even though its price jumped from about $23.00 to over $28.50. This has left many people scratching their heads about what