TSX Drops Over 250 Points Amid Broad Market Decline
Canada's S and P TSX composite fell 253.07 points to 20695.02 as U S and global equities declined. Dow fell 94.45 points to 37266.67, S P 500 down 26.77 to 4739.21, Nasdaq -88.72 to 14855.62 amid bond yield climbs and rate-cut uncertainty.
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U S Sandwich Chains Plan Big Canada Expansion
Inspire Brands will roll out Jimmy John s in the Greater Toronto Area using a franchise model with more locations planned nationwide. Redberry Restaurants targets over 300 Jersey Mike s Subs locations in Canada by 2034, some franchised, as it expands from Ontario roots. Local expert Joanne McNeish notes Canadian diversity and price sensitivity may affect appeal amid the crowded market.
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