AGP Executive Report
Last update: 4 hours agoTrade: Mark Carney is pushing a Canada-ASEAN trade pact that could unlock more than $3.5 billion in exports. Canada and India say negotiations on a bilateral agreement could wrap up by December. Auto Industry: Ottawa says it may sue Stellantis over the sale of its Canadian plant, while Industry Minister Mélanie Joly has raised an alleged default on the company’s funding agreement. The dispute puts jobs and investment in focus as trade tensions reshape production. Economy: KPMG expects a gradual, uneven recovery over the next three years, while a credit agency has downgraded its housing outlook and warned rates could rise. Education Finance: Ontario plans changes to private career colleges after data showed OSAP use at one school surged nearly 3,000% in three years, with about $151 million in grants going to its students in 2024–25. Mining: Hudbay Minerals reported record third-quarter adjusted EBITDA of $413 million, up 29% from the previous quarter, on stronger metal prices and sales. Business Disruption: A global Microsoft outage disrupted Canadian businesses and public services, underscoring the risks of reliance on major cloud platforms.
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.