AGP Executive Report
Last update: 42 minutes agoSteel Industry: Stelco says it will proceed with up to 500 layoffs in Hamilton and Nanticoke, arguing the cuts do not breach its federal job commitments. Ottawa had warned the company to explain how it would meet those guarantees. Trade: Nearly 300 Canadian business delegates head to India next week, as Ottawa seeks to diversify exports and more than double two-way trade to $70 billion by 2030. Jobs: Canada lost 68,000 jobs in September and unemployment rose to 6.5%, cooling expectations of a Bank of Canada rate hike. Food and Farming: Canada’s agri-food trade remains heavily tied to the U.S., which takes about 62% of exports; meanwhile, rain threatens to disrupt Saskatchewan’s late harvest, now 82% complete. Energy and Mining: Saskatchewan and several other provinces are urging Ottawa to expand the mining exploration tax credit to help critical-mineral projects advance.
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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