Carney ‘not interested’ in narrow U.S. trade deal
Prime Minister dismisses the idea of making individual sector-by-sector deals, says agreement must address autos, steel, aluminum and forest products
Report on Business
MOU could hold key to $8.25-billion oil sands expansion, Canadian Natural president says
Jackpine project in northern Alberta would increase company’s bitumen production by 150,000 barrels a day
Suncor says Rich Kruger to step aside as CEO in 2027
Executive vice-president of upstream Peter Zebedee to succeed Kruger, who is credited with leading a turnaround at the oil sands producer
Kardium receives Health Canada approval to sell device treating common heart problem
Device is meant to treat atrial fibrillation, a serious medical condition which causes a fast and uneven heartbeat
Did Canada just join the AI boom?
In June, Canadian imports of tech equipment used to make data centres surged 88 per cent from the year before
WestJet flight attendants win large wage increases and compensation for preboarding work
If ratified, the terms of the union’s tentative agreement with the airline would set a new industry standard
Renters willing to give Saskatchewan a shot could find an easier life
Regina and Saskatoon have some of the most affordable rents in Canada when compared with average incomes in the region, according to a Globe and Mail study
Your money
Economy
Did Canada just join the AI boom?
In June, Canadian imports of tech equipment used to make data centres surged 88 per cent from the year before
Energy & resources
Mideast war continues to disrupt fertilizer demand, prices, Nutrien CEO says
The Strait of Hormuz bottleneck and infrastructure damage in the region could have long-term effects on agricultural productivity
Finance
Banks look to lend to defence companies, but many lack the track record to qualify
The disconnect threatens to slow Carney’s initiative to rapidly expand Canada’s defence capabilities
Technology & innovation
Engineering giant WSP reports revenue growth, defying investor angst around AI
Montreal-based company has a record $20-billion in projects in progress
Report on Business magazine
Rough trade: How Canada can maintain leverage in North American trade talks
Steve Verheul, chief negotiator for the original CUSMA trade agreement, offers some pointers on this year’s review
The Globe and Mail guides
Streetwise
Has Canada’s biotech moment finally arrived?
As the world’s life sciences sector rebounds, Canadian drug developers are poised to prosper. But can the sector avoid getting hollowed out by acquisitive pharma giants?
Work life
power points
Guard against thoughtload, the silent tax on your performance
Toronto psychologist and executive coach Liane Davey says it’s not your workload that is overwhelming you. It’s the cognitive demands on you plus your emotional burdens, divided by energy reserves
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