On Wednesday, markets were mostly a bit lower.
The S&P 500 was down 0.4% while the Toronto index was about unchanged.
CN Rail was down 1.8% due to a strike there.
Linamar was down 4.4% due to concerns about progress on the China / U.S. trade war. FedEx was down 2.1%, probably for the same reason.
Statistics Canada reported the latest inflation numbers. This was 1.9% year over year overall but of course many components had quite different percentages, some positive and some negative.
The closure of a number of Rona and Lowe’s stores I believe reflects on that company as a weaker competitor. I don’t think it says anything much about Canada’s economy. I don’t think it is bad news for Canadian Tire and in fact may in part reflect the success of Canadian Tire to extent it is a competitor.