🛍️ You may have to start paying a fee to return those clothes you bought online “just to try.” H&M, Urban Outfitters, and Foot Locker are all charging for at least some returns.
⛏️ It takes up to 25 years for a mine to get approved in Canada due to a complex process that can be nearly five times longer than miners face in Australia.
🎧 There are around 4 million podcasts in the world, a number that’s likely to boom as people have begun using AI to generate more audio content (though we cannot attest to the quality).
💵 Canadians hold the dubious distinction of having the most household debt as a share of GDP in the G7 with a ratio of 107%, nearly 20 percentage points more than the next-most-indebted population of the UK.
📊 Bond markets are now pricing in a roughly 30% chance of an interest rate hike at the Bank of Canada’s next meeting on June 7th after inflation came in hotter than expected in April.