AGP Executive Report
Last update: 2 hours agoMarkets: The S&P/TSX fell more than 250 points Tuesday, tracking losses in U.S. markets. Mining: Barrick filed U.S. paperwork for a proposed IPO of 10% of its North American business, with timing and pricing still undecided. Federal Budget: Budget 2026 offers businesses tax breaks and proposes $8.8 billion for mining and forestry, including infrastructure in Northern Ontario. Trade and Finance: Canada and China agreed to deepen financial ties, while Ottawa extended tariff relief on selected U.S. imports to 2028. Manufacturing: Stellantis confirmed the sale of its Brampton plant to defence contractor Roshel, drawing union anger and criticism from Prime Minister Mark Carney. Payments: Canada launched its long-delayed real-time payment system, enabling round-the-clock transfers. Jobs: October employment fell by 4,700 and unemployment edged up to 6.7%, adding to concerns about a sluggish labour market.
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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