Black Friday

Mastermind Toys customers warned to use gift cards by Dec. 24 as company is set to change hands

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Mastermind Toys customers warned to use gift cards by Dec. 24 as company is set to change hands

Mastermind Toys shoppers have less than a week to redeem store gift cards.  The Canadian toy retailer announced earlier this month that it had signed an asset purchase agreement with Unity Acquisitions Inc.  Mastermind filed for creditor protection under the Companies’ Creditors Arrangement Act (CCCA) on Nov 24. Customers are now being told their gift cards will not be honoured … Read more

Canada’s inflation rate holds steady at 3.1%

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Canada’s inflation rate holds steady at 3.1%

Canada’s annual inflation rate held steady at 3.1 per cent in November, matching the previous month’s rate, according to data released by Statistics Canada on Tuesday. Economists were expecting the rate to fall below the three per cent threshold, putting the economy closer to the Bank of Canada’s two per cent inflation goal. Mortgage interest costs and the high cost … Read more