AGP Executive Report
Last update: 40 minutes agoAviation & Labour: WestJet says it has started parking 737 aircraft as cabin-crew talks near a potential disruption, urging passengers to check flight status. Trade & Industry: Ottawa will impose a temporary 25% surtax on some wood cabinets and vanities while the trade tribunal investigates possible harm to domestic producers. Economy Watch: StatsCan reported real GDP rose 0.3% in May, supporting expectations of a stronger Q2 rebound and easing recession talk. Central Banking & Labour Law: Bank of Canada governor Tiff Macklem defends the use of replacement workers during a security-officers strike after labour board rulings. Energy Infrastructure: Enbridge is postponing a second phase of its Mainline expansion, citing lack of major output commitments from producers. Corporate Deals: Couche-Tard has offered to buy Poland’s Zabka in a deal valued at about $12B+ for a controlling stake. Markets & FX: The Canadian dollar edged down but stayed on track for a monthly gain as growth beat expectations. Regional Business: Manitoba topped Canada for reducing internal trade barriers, earning an A rating from the CFIB. Consumer Safety: Costco Canada recalled items including cocoa-filled croissants over potential mould and some candy bars due to possible pistachio contamination.
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.