AGP Executive Report
Last update: 2 hours agoSteel: Stelco will recall all 175 Hamilton workers on Dec. 1 and provide back pay after securing enough customer orders to restart finishing operations. The move followed pressure from Ottawa, which had threatened legal action against the company’s U.S. owner. Trade: Mark Carney says Canada is making progress in U.S. talks but won’t accept a deal that undermines a viable auto sector. Canada and the Philippines have also concluded free-trade negotiations, with signing targeted for 2027. Energy: Canada’s oil and gas sector is forecast to remain relatively steady, but the outlook points to fewer rigs, wells and jobs. The Canadian Association of Energy Contractors expects drilling to fall to 5,900 wells in 2027 from 6,559 this year, with sector employment projected to decline to about 70,500 by 2029. AI Infrastructure: A new Regina-area data-centre debate highlights concerns that rapid development could strain local power and water supplies, putting pressure on policymakers to set safeguards.
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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