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Ottawa’s Global Call for Research Excellence

Industry Minister Mélanie Joly at a press conference in Montreal about a federal push to attract top global researchers in Canada on Dec. 9, 2025. The federal government is stepping up efforts to strengthen Canada’s position as a global leader in innovation by attracting top-tier research talent. Ottawa has announced new initiatives designed to bring world-class scientists, scholars, and innovators to Canadian institutions, with a particular focus on Canadians currently working abroad. The strategy emphasizes creating competitive opportunities in universities and research centers, offering funding packages, and fostering collaborations with international partners. By encouraging Canadian researchers overseas to return home, Ottawa hopes to reverse the “brain drain” and ensure that Canada benefits from their expertise. Officials highlight that this move is not only about filling positions but also about building a vibrant ecosystem of discovery and innovation. The goal is to accelera...
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Stock Market Today: US Futures Edge Higher as Walmart Surges with Retail Sales, Jobs Data Ahead


Stock futures nudged higher Thursday as Wall Street looked to two key signals of US consumer health, as well as more insight on the jobs market. Here are the highlights:

  1. Futures Performance:

    • Futures tied to the S&P 500 (ES=F) and the tech-heavy Nasdaq (NQ=F) rose 0.1%.
    • Dow Jones Industrial Average futures (YM=F) pointed up 0.2%.

  2. Walmart’s Strong Quarter:

    • Retail giant Walmart (WMT) shares surged nearly 6% after a largely positive earnings report.
    • Walmart posted both earnings and revenue beats and raised its full-year outlook.

  3. Retail Sales Data:

    • Monthly government retail sales data is set for release at 8:30 a.m. ET.
    • Economists expect a 0.3% month-over-month increase in July, an improvement from June’s flat reading.

  4. Jobs Market Update:

    • The weekly jobless claims report is also in focus.
    • Last week, claims fell more than forecast, sparking a market surge.

  5. Market Resilience:

    • Stocks have rebounded in August, with the S&P 500 recouping most of its losses from the earlier sell-off.
    • As inflation eases, the jobs market remains a key focus for the Fed.

Wall Street continues to monitor these indicators closely, shaping market sentiment and investor confidence.


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