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Automakers 'cautiously optimistic' on EV mandate changes after meeting with Carney

Automakers 'cautiously optimistic' on EV mandate changes after meeting with Carney

OTTAWA — The head of an organization representing automakers said he's "cautiously optimistic" after meeting with Prime Minister Mark Carney to urge him to repeal the electric vehicle sales mandate.
Alberta reaches settlement with two coal companies suing over policy flip-flop

Alberta reaches settlement with two coal companies suing over policy flip-flop

EDMONTON — Two coal companies suing Alberta's government over its mining policy flip-flop say they've reached a settlement agreement with the province.
Canada begins to diversify its trade, but U.S. tariffs still a 'heavy weight'

Canada begins to diversify its trade, but U.S. tariffs still a 'heavy weight'

OTTAWA — Canada's efforts to broaden trade beyond the United States appear to be bearing fruit, but economists warn it will be a long road before Canadian exporters settle at a new status quo.
The House gives final approval to Trump's big tax bill and sends it to him to sign

The House gives final approval to Trump's big tax bill and sends it to him to sign

WASHINGTON (AP) — House Republicans propelled President Donald Trump’s $4.
Fintrac imposes $544,500 penalty on investment firm Canaccord Genuity

Fintrac imposes $544,500 penalty on investment firm Canaccord Genuity

OTTAWA — Canada's financial watchdog says Canaccord Genuity Corp. has paid a $544,500 fine after a compliance examination in 2023.
Home insurance rate transparency needed as extreme weather costs rise: complaint

Home insurance rate transparency needed as extreme weather costs rise: complaint

TORONTO — Ontario's financial services regulator should be more active on the issue of rising home insurance rates because of extreme weather, says a complaint filed Thursday.
US stocks climb and yields leap on signals the US economy is solid

US stocks climb and yields leap on signals the US economy is solid

NEW YORK (AP) — U.S. stocks climbed further into record heights after a report showed the U.S. job market looks stronger than Wall Street expected. The S&P 500 rose 0.8% Thursday and set an all-time high for the fourth time in five days.
Defence spending to add 'staggering' sum to deficit by 2035, think tank warns

Defence spending to add 'staggering' sum to deficit by 2035, think tank warns

OTTAWA — The C.D. Howe Institute predicts Ottawa's recently announced spending plans — which include a much bigger defence budget — will drive its deficits markedly higher in the coming years.
U.S. labor market surprises with 147,000 new jobs last month. Here are the big takeaways

U.S. labor market surprises with 147,000 new jobs last month. Here are the big takeaways

WASHINGTON (AP) — The U.S. labor market delivered another upside surprise last month, churning out a surprisingly strong 147,000 jobs . The unemployment rate ticked down unexpectedly, too. But the headline numbers masked some weaknesses as the U.S.
AGF Management says CEO Kevin McCreadie has died, Judy Goldring named successor

AGF Management says CEO Kevin McCreadie has died, Judy Goldring named successor

TORONTO — Investment firm AGF Management Ltd. says Kevin McCreadie, the firm’s chief executive officer and chief investment officer, has died. He was 64.