AGP Executive Report
Last update: 2 hours agoInterest Rates: Markets are pricing in a possible Bank of Canada hike this week, with September inflation at 3.1%. But weak jobs and sluggish growth make the decision difficult: higher rates could curb prices while further weighing on the economy. Trade Uncertainty: The U.S. has eased tariffs on some Canadian goods, and White House officials say negotiations are gaining momentum. A deal remains uncertain, leaving businesses to navigate shifting trade costs. Canada-EU Ties: Leaders meeting in Montréal aim to deepen cooperation on defence, AI and critical minerals as Ottawa seeks new markets beyond the U.S. B.C. Priorities: Premier-designate Lorne Doerkson says his government will review provincial finances and pursue tax cuts, including a higher basic personal exemption, while advancing the proposed Pacific Link pipeline. Aluminum Investment: Ottawa is putting $193 million toward modernization at Rio Tinto and Aluminerie Alouette, projects expected to support about 6,000 jobs and improve production efficiency.
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