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Newspaper
Chronicle Journal
Location
Thunder Bay, Ontario, Canada
Date
Feb 27, 2024
Page
9
Canada's S&P/TSX composite falls 88.84 points to 21324.31 while U.S. indices retreat. Nvidia gains and markets await data. Investors weigh the economy's resilience and AI driven tech optimism against rate cut expectations. Canada’s dollar sits near 0.7399 USD as commodity prices shift.
Toronto shoppers chase personalized offers in loyalty apps as grocers deploy test and learn methods. Experts say offers hinge on shopping frequency price sensitivity and household changes, with Tide powder often skipped in favor of house brands. Loyalty chiefs emphasize retention and larger purchases over altering behaviour.
Canada’s crude-by-rail shipments nearly doubled in the last six months of 2023 as Alberta’s output hit record levels. NES data show exports rising from 78 747 bpd in May to 167 006 bpd in November, then 157 142 in December, while full-year average fell 17 percent to 119 077 bpd.
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