AGP Executive Report
Last update: 8 hours agoMarkets: The S&P/TSX surged 809 points to 36,341 as U.S. stocks rallied after the Democratic sweep in the midterms; crude fell nearly US$8 to US$88.12 a barrel. Trade: Canada’s trade surplus with the U.S. topped $12 billion in September despite tariffs. Ottawa says its push to diversify trade is unchanged, and China has extended tariff relief for Canadian canola and seafood to 2028. Corporate Canada: Linamar’s quarterly sales climbed 21% to $3.08 billion, with record new-business wins, while Kraft Heinz agreed to sell its North American coffee business for US$650 million; its Vancouver facility and about 250 employees are expected to transfer to the buyer. Investment: Ottawa is providing up to $2.5 billion in financing to help De Havilland ramp up production of its Canadair water bombers.
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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