AGP Executive Report
Last update: 11 hours agoU.S. Trade: President Donald Trump signed an order lifting 50% tariffs on some Canadian farm and forestry goods, including packaging, machinery and refrigeration equipment. The move follows pressure from Maine Senator Susan Collins; Prime Minister Mark Carney says Ottawa will wait for a trade deal that serves Canada’s interests. New Partnerships: Canada and Türkiye launched a strategic partnership and began free-trade talks, with energy, defence and trade among the priorities. Carney says a Canadian company has a strong chance of winning a bid to build a nuclear plant in Türkiye. Household Energy: Ottawa is promoting a $2-billion heat-pump rebate program as part of a broader push for home retrofits, with the government estimating average annual savings of $1,400. Industry: Ottawa and Ontario have committed $9 billion to support steel and auto industries hit by U.S. tariffs. Markets: The TSX ended the week lower as higher oil prices and worries about returns on AI spending weighed on North American stocks.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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