AGP Executive Report
Last update: 8 hours agoCanada–China Trade: Senior officials will meet in Canada Nov. 9 for a second economic and financial dialogue, as the two countries extend tariff relief and seek to expand trade. Energy Investment: TC Energy approved about C$3 billion in U.S. pipeline expansions and a C$4.9-billion Coastal GasLink expansion tied to LNG Canada’s next phase. A Blackstone-led group, including Canadian pension funds, is also investing US$3.1 billion in a stake in LNG Canada. Federal Budget: Mark Carney’s government is pitching its new budget across the country, including $11.2 billion over four years for homelessness measures. The plan projects $99.2 billion in direct defence spending by 2030-31, but leaves questions about how Canada will meet NATO’s longer-term target. Jobs and Industry: Statistics Canada is due to release October employment figures after the economy shed 68,000 jobs in September. Sherritt International says nearly half its Canadian workforce will be temporarily laid off as operations tied to Cuba remain suspended.
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