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Unbeatable Boxing Day Deals in Canada 2024: Shop the Best Sales from Top Retailers!

Boxing Day 2024 is here, and it's time to shop the year's best deals across Canada!  From tech gadgets to winter apparel, major retailers like Amazon, Best Buy, Walmart, and more are offering incredible discounts. Whether you missed out on a Christmas gift or need to stock up on essentials, this is your chance to score big savings. Amazon Canada is leading the charge with discounts of over 70% on a wide range of products, including must-have tech, personal care essentials, and small kitchen appliances. Best Buy Canada is also offering substantial savings on smartwatches, 4K TVs, laptops, and more. Walmart Canada has deals on top brands like PlayStation, Apple, and LG, with savings up to 60%. For fashion enthusiasts, adidas is offering up to 60% off on sneakers and apparel, while Abercrombie & Fitch** has up to 30% off select styles.  Coach Outlet is providing up to 70% off on must-have bags and wallets. Don't miss out on these amazing deals! Start your new year off on t...
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S&P/TSX Composite Falls 1.2% as U.S. Markets Show Mixed Performance

Canada’s main stock index, the S&P/TSX Composite, declined by 1.2% on Thursday. The losses were primarily driven by weakness in the energy, financial, and base metal sectors. Meanwhile, U.S. markets displayed mixed performance. Here are the key details:

  • S&P/TSX Composite Index: Closed down 263.44 points at 21,698.11.
  • U.S. Markets:
    • Dow Jones Industrial Average: Down 65.11 points at 38,647.10.
    • S&P 500 Index: Up 12.71 points at 5,433.74.
    • Nasdaq Composite: Up 59.13 points at 17,667.56.

Notably, U.S. wholesale inflation data came in weaker than expected, raising the possibility of a second interest rate cut in the U.S. this year. The Federal Reserve’s stance remains data-dependent, and market watchers are closely monitoring economic indicators.

In Canada, expectations point to three or four rate cuts by year-end. The tech sector led gains in U.S. equity markets, with chipmakers like Broadcom and Nvidia performing well.

Commodity prices also saw movement:

  • July crude oil contract: Up 12 cents at US$78.62 per barrel.
  • July natural gas contract: Down nine cents at US$2.96 per mmBTU.
  • August gold contract: Down US$36.80 at US$2,318.00 per ounce.
  • July copper contract: Down nine cents at US$4.48 per pound.

The Canadian dollar traded at 72.75 cents US compared to 72.99 cents US on the previous day. 

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