AGP Executive Report
Last update: 34 minutes agoJobs and Steel: Canada lost 68,000 jobs in September, the second monthly decline, pushing unemployment to 6.5%. Pierre Poilievre unveiled a steel plan and urged Ottawa to sue Stelco’s U.S. owner as about 500 layoffs loom; Unifor is also polling workers on possible strike action. Energy and Investment: RBC says proposed oil, gas and pipeline projects could drive more than $200 billion in construction through 2040. Separately, Prime Minister Mark Carney announced $2 billion to help retrofit one million homes and cut energy costs. National Unity: An Alberta separatist leader denied offering U.S. officials access to provincial resources in exchange for support. Poilievre plans a Canadian unity speech ahead of Alberta’s referendum, while Quebec’s sovereigntist Parti Québécois has returned to power in a minority government. Markets: The TSX gained 519 points Friday, as weak jobs data cooled expectations of near-term Bank of Canada rate hikes.
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.