Skip to main content

Featured

Weekly Market Snapshot: Yields at Multi-Decade Highs, Oil Eases on Hormuz Hopes — Week of Sept. 22–26, 2026

Week of September 22–26, 2026 It was a week of two forces tugging in opposite directions. Bond yields surged to levels not seen since 2004–2007, driven by resilient US economic data, hawkish Fed signals, and oil-driven inflation fears — putting pressure on equities and the Canadian dollar. Then, late in the week, reports emerged that US and Iranian negotiators were exploring a phased deal to reopen the Strait of Hormuz. Oil pulled back sharply Friday, yields stabilized, and markets found enough relief to post a partial recovery. The TSX finished the week slightly lower but well off its worst levels, while US indices managed a weekly gain. 🍁 Canada — TSX & the Loonie The S&P/TSX Composite entered the week near 35,800 and, after a volatile ride, closed Friday around the same level — giving up roughly 0.3% on the week. Mid-week selling was driven by the same forces pressuring global markets: surging US Treasury yields, a rising oil-inflation premium, and investor nervousness ahea...
Post a Comment
Read more

article

Labels

Trudeau Announces $1 Billion National School Food Program to Support Canadian Kids

 

Prime Minister Justin Trudeau, alongside Finance Minister Chrystia Freeland and Families Minister Jenna Sudds, has unveiled an ambitious initiative aimed at nourishing the future of Canadian children. The newly announced National School Food Program is set to provide meals to an additional 400,000 kids annually, going beyond existing school food programs.

The program, backed by a substantial $1 billion investment over five years, is a testament to Canada’s commitment to ensuring every child has access to nutritious meals. Trudeau emphasized that children deserve the best start in life, and this program aims to address the pressing issue of food insecurity faced by many Canadian families.

Impact and Goals

  • Peace of Mind for Parents: For moms and dads, the program offers peace of mind, knowing that their children are well-fed during school hours.
  • Healthy Meals for Kids: Children will benefit from healthy meals, which contribute to better learning outcomes, growth, and overall well-being.
  • Targeted Support: The program prioritizes vulnerable children, including those from lower-income families and racialized and Indigenous communities.
  • Collaboration with Provinces and Territories: Trudeau emphasized that the federal government will work closely with provinces, territories, and Indigenous partners to ensure effective implementation.

The lack of access to food disproportionately affects children from marginalized backgrounds. By getting healthy food onto the plates of growing kids, this program aims to level the playing field and set children up for success. Investments will also focus on First Nations, Inuit, and Métis communities, addressing some of the highest rates of food insecurity in Canada.

Trudeau’s announcement underscores the importance of investing in the well-being of our youth. As Canada continues to build an inclusive economy, the National School Food Program stands as a beacon of hope, ensuring that no child goes hungry while pursuing their education.


Labels:

Comments

Post a Comment