AGP Executive Report
Last update: 2 hours agoU.S.-Canada trade shock: President Trump has imposed new 50% tariffs on a broad range of Canadian goods, with duties set to start Aug. 19 and aimed at items including autos, alcohol, dairy and even consumer goods like wine and hockey sticks—prompting Ottawa to say it will consider “all options” while Carney vows to intensify talks. Gordie Howe bridge fallout: Canada cancelled a joint U.S.-Canada bridge celebration after the tariff threat, saying it would be “inappropriate” to proceed with a celebratory event between the countries. Energy politics: New polling finds a solid majority of Canadians back new oil pipeline proposals, with economic security and reduced U.S. dependence driving support. Housing outlook: CMHC says economic uncertainty will keep weighing on Canada’s housing market, with home sales and prices expected to decline in 2026. Immigration: IRCC issued 5,000 Express Entry invitations for French-language candidates with a CRS cut-off of 399. Business moves: Bacardi Canada named Kevin Gouthro managing director; Wendy’s opened its first “Future Fresh” restaurant in Canada; and GrubMarket completed its acquisition of SPUD to expand in B.C. and Alberta.
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.