AGP Executive Report
Last update: 39 minutes agoTrade Diversification: A Canadian mission of nearly 300 businesses secured 34 agreements worth almost $300 million in India, as both countries target a trade pact by year-end and plan a December visit by Prime Minister Narendra Modi. Steel Jobs: Industry Minister Mélanie Joly warned Stelco’s U.S. owner it could be forced to sell its Canadian assets if it breaks job commitments, as up to 500 layoffs loom. Manufacturing: August sales rose 1.5% to $79.9 billion, led by metals and chemicals, while vehicle and aerospace sales weakened. Food Sector: Canada held seventh place among G20 countries for agri-food competitiveness, but rising costs and trade uncertainty are making it harder for food businesses to bring products to market. Housing: Canadian home sales fell in September as mortgage rates increased, adding to signs of a cooling market.
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