Canadian Business
Boardrooms, earnings and dealmaking
CanadaCanada set for U.S. tariff relief, source says as Carney, Trump tout deal
Premiers, meanwhile, say Prime Minister Mark Carney has asked provinces to restock American alcohol on their shelves as Canada finalizes the new trade deal.
US to impose up to 50% tariffs on Canadian goods, raising prices for shoppers
New US duties on dairy, alcohol, automotive parts and plastics are set to begin on Wednesday, with analysts warning of higher shelf prices and broader economic strain for Canada.
Canada deports former Iranian deputy interior minister after court rejects appeal
Syed Salman Samani, the second senior Iranian official expelled under the 2022 ban, was removed following a Federal Court decision that dismissed his last‑minute challenge.
Canada and United States scramble to avert 50% tariffs as deadline looms
Trade ministers and senior officials meet intensively in Washington and Ottawa, seeking a draft agreement before new US duties take effect on Wednesday.
Federal $10bn boost backs new non‑binding Quebec‑Newfoundland energy pact
Quebec and Newfoundland and Labrador have signed a non‑binding agreement that extends Quebec’s Churchill Falls supply to 2077 and unlocks a $10 billion federal investment for upgrades and new projects.
2,000‑year‑old Peruvian bowl repatriated after Montreal auction investigation
Canadian police helped secure the return of a pre‑Hispanic artefact seized from an auction house, with the seller relinquishing it without compensation.
Canada braces for US tariffs as trade talks near deadline
With just two days left before a new wave of US duties, Canadians are split on how to respond and worry about the impact on households and the economy.
Technology
Compute, capital and regulation
EconomyCanadian inflation ticks up to 3% in July, fuel and travel costs the main drivers
July’s consumer price index rose to 3 per cent year‑on‑year, outpacing most forecasts, while core inflation held at 2.2 per cent.
CanadaOne‑year‑old grizzly bear flees Calgary zoo enclosure, is safely recaptured before doors open
Fitz the grizzly escaped his pen at the Wilder Institute’s Calgary Zoo on Sunday morning, but emergency crews immobilised him and returned him to a secure area without any injuries.
PoliticsCanada‑U.S. trade talks race against looming 50% tariffs on Canadian goods
A senior Canadian minister will meet the U.S. trade chief on Sunday as Washington prepares to impose steep duties on a range of Canadian exports, including softwood lumber.
Energy
CanadaOttawa to Tackle Tax Code Reform Incrementally, Small Business at Forefront
The Liberal government says it will address the over‑grown tax system bite by bite ahead of the fall budget, but opposition warns reforms are overdue.
PoliticsConservative candidate says he’s heard Poilievre criticism from voters
The comments came during an all-candidates panel for the Aug. 31 byelection in North Vancouver—Capilano, where the Conservatives are hoping to flip a seat from the Liberals.
PoliticsCanada‑U.S. trade talks still a long way off as new 50% tariffs loom
Negotiators in Washington remain far from a deal to curb tariffs, leaving $28 billion of Canadian exports at risk of a 50 percent surcharge from 19 August.
EconomyCanadian wholesale sales climb 9% in June, all sectors report growth
June saw comparable wholesale sales rise to $92.5 billion, with the machinery and equipment subsector leading the rebound, Statistics Canada reports.
Latest
Updated continuouslyCanada
Stampede Drilling receives $4 million from US firm but rig stays in Canada amid Greenland permit row
Alberta‑based Stampede Drilling says a US oil company has funded upgrades to a drilling rig, yet the equipment remains in Canada while Greenland’s government disputes the project’s legality.
Canada
Canada and United States race to avert 50% tariffs before Aug 19 deadline
With less than a week left before President Trump’s threat of sweeping duties takes effect, senior Canadian and US officials hold a fourth round of talks, while sources say Canada may have to concede on alcohol bans and dairy quotas to keep sectoral tariffs at bay.
Business
Apollo’s $7.3bn bid for EasyJet could curtail shareholder rights and add £3bn debt, raising concerns for Canadian investors
A New York‑based private‑equity firm’s proposed takeover would subordinate existing shares, impose a 14% dividend on its stake and load the airline with billions of pounds of debt, prompting worries among holders of EasyJet ADRs.
Canada
Youth Crime Charges in Canada Reach Highest Level in Four Years
Statistics Canada reports 56,956 young people aged 12‑17 were charged with offences between April 2025 and March 2026, driven by a surge in violent incidents.
Business
Air Canada raises C$2.5bn by selling quarter of Aeroplan to Blackstone‑led consortium
A consortium headed by Blackstone and La Caisse has bought a 25 % non‑controlling stake in Air Canada’s Aeroplan loyalty programme, valuing the business at C$10 bn and providing the airline with cash to retire debt and accelerate its share‑buy‑back.
Business
El Nino heatwaves could push Canadian grocery bills up as European food prices surge
Analysts warn that extreme weather in Europe may add up to a full percentage point to inflation next year, with knock‑on effects for Canada.
Business
FIFA presidency rumours remain dormant as Canadian commercial interests await leadership decision
Norwegian FA chief Lise Klaveness says no internal talks on a challenge to Gianni Infantino, while sponsors and North American investors watch for any shift in FIFA’s commercial strategy.
Business
High Court Fight Over Winkworth Board Raises Governance Concerns for Canadian Property Investors
A lawsuit against chair Simon Agace over a proposed board purge highlights the risks of family‑driven disputes in UK residential‑estate firms, with Canadian investors urged to watch board stability.
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Canadian travel to the U.S. increases for 3rd month in a rowEven if U.S. alcohol returns to provincial shelves, will Canadians buy it?Could ‘Lucky’ found in Netherlands be a Vancouver man missing since 1994?Canada set for U.S. tariff relief, source says as Carney, Trump tout dealUS to impose up to 50% tariffs on Canadian goods, raising prices for shoppersCanada deports former Iranian deputy interior minister after court rejects appealCanada and United States scramble to avert 50% tariffs as deadline loomsFederal $10bn boost backs new non‑binding Quebec‑Newfoundland energy pact2,000‑year‑old Peruvian bowl repatriated after Montreal auction investigationCanada braces for US tariffs as trade talks near deadlineMore coverage
Canadian inflation ticks up to 3% in July, fuel and travel costs the main driversOne‑year‑old grizzly bear flees Calgary zoo enclosure, is safely recaptured before doors openCanada‑U.S. trade talks race against looming 50% tariffs on Canadian goodsOttawa to Tackle Tax Code Reform Incrementally, Small Business at ForefrontConservative candidate says he’s heard Poilievre criticism from votersCanada‑U.S. trade talks still a long way off as new 50% tariffs loomCanadian wholesale sales climb 9% in June, all sectors report growthWhole Foods products recalled in Ontario over possible salmonella contaminationGoogle and Apple vie over AI news‑pay schemes as Canada readies new media lawCanada ‘shouldn’t be offering any concessions’ to U.S., Unifor says