Daily Recap

Monday, 25 May 2026

Business news today mixes investor income, labor policy, and a cooler housing mood. In Canada, Evolve and Manulife rolled out another round of CAD-denominated cash distributions across a wide range of ETFs, with the biggest payouts clustered in enhanced-yield and income-focused products, underscoring continued demand for steady returns even as markets stay selective. On the consumer side, Tim Hortons said it will hire 10,000 local workers in the coming months while scaling back reliance on the Temporary Foreign Worker program and ending lobbying to expand it, a notable shift as political scrutiny of labor supply intensifies. In Australia, the property market is showing signs of fatigue, with sellers facing a “buyers’ strike” as would-be purchasers wait for clearer signals, raising expectations that prices will cool and sales will take longer. Together, the stories point to a broader theme of caution: investors chasing yield, employers recalibrating hiring, and households hesitating on big commitments.

Recap for Monday, 25 May 2026

Photos from today's Business coverage
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