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Federal Government Injects $1 Billion to Stabilize Canada Post

  The federal government is extending another major financial lifeline to Canada Post, approving a fresh $1‑billion loan facility as the postal service continues to grapple with steep losses and mounting operational pressures. The new funding is designed as a temporary, repayable measure to help the Crown corporation maintain essential services while it pushes ahead with a broad modernization plan. Canada Post has faced years of declining mail volumes, rising parcel competition, and escalating labour and infrastructure costs — challenges that have contributed to billions in cumulative losses. Ottawa has signaled that this latest support comes with an expectation of meaningful reform. Canada Post has already submitted a transformation strategy that includes modernizing delivery networks, updating service standards, and reducing operational inefficiencies. The government has also removed several long‑standing constraints that previously limited the corporation’s ability to adapt. ...
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Stock Futures Rise as Wall Street Nears the End of a High-Flying Q2

In recent weeks, the stock market has seen impressive gains, with the S&P 500 up around 4.5% and the Nasdaq surging approximately 8%. However, there are signs of fatigue, particularly for Nvidia (NVDA), which had been a standout performer.  

As we head into the last week of Q2, keep an eye on macroeconomic developments and the upcoming release of the Personal Consumption Expenditures (PCE) index, which could impact the Federal Reserve’s rate-cut decisions. Additionally, consider the valuation perspective—Nvidia’s stock trades at a premium compared to other tech giants like Microsoft and Apple.


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