AGP Executive Report
Last update: an hour agoTrade & Tariffs: A KPMG survey says two-thirds of Canadian large and mid-sized businesses have already adjusted prices to deal with U.S. tariff costs, with 31% passing through the full hit. Dairy Trade: New U.S. dairy tariffs aimed at Canadian imports are tied to a long-running USMCA market access dispute, with economists saying Washington wants quota and export rules revisited. Energy Markets: BP posted $3.9B profit and says it exited the Bay du Nord project to invest more “disciplined,” as global energy disruptions lift prices. Business Restructuring: Goodfood filed for creditor protection under the CCAA as it seeks a restructuring and potential new owner/investors, while continuing to fulfil customer orders. Real Estate Finance: Western Canada’s commercial real estate lending is splitting by property type, with lenders more selective and focused on strong covenants. Insurance & Wildfires: The Insurance Bureau of Canada is urging BC wildfire victims on claims steps and support as fires continue to disrupt communities. Sports & Culture: The Toronto Raptors signed former Bucks guard Andre Jackson Jr., while Marineland’s final days drew a look at the park’s closing era. Tech & AI: Provision launched a construction “Scope Agent” to catch bid scope gaps faster and more accurately than general tools.
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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