Retail revival 🛍 — The Bank of Canada is losing money. US retailers are posting better numbers than expected. And Hydro Quebec has a spy scandal.

The Bank of Canada (BoC) is on track to give “monetary tightening” a whole new meaning by losing between $5 billion and $6 billion over the next few years.As Black Friday rears its head, the world’s largest retailer is showing signs that the doom and gloom facing the retail sector this year may have been (at least a little) overhyped.A former researcher who worked in its electric batteries unit at Hydro-Quebec has been accused of collecting trade secrets and passing them on to China.Celebrating something? Let us know here: https://thepeak.typeform.com/to/MNdYA3TOThe Peak Daily is produced by 306 Media Productions. Hosted by Brett Chang and Jay Rosenthal.