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Canada Faces Economic Turbulence as Major Firms Struggle

6/23/2025

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Story summary
  • This week, Canada braces for crucial economic indicators like CPI and GDP as consumer spending wanes. Alimentation Couche-Tard grapples with fierce competition in its quarterly report. Meanwhile, BlackBerry anticipates a staggering 22% sales drop, overshadowed by a TikTok nostalgia wave. Nike and FedEx also face uphill battles, with analysts forecasting more declines in sales and profits.