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Trade war to dominate meeting with premiers, prime minister

Trade war to dominate meeting with premiers, prime minister

TORONTO - The growing trade war with the United States will be top of the agenda when Canada's premiers meet with Prime Minister Mark Carney today.
The premiers say they want to hear more about Carney's plans to respond to U.S. President Donald Trump's Aug. 1 deadline to get a trade deal done.
In a letter to Carney on July 10, Trump threatened to impose 35-per-cent tariffs on Canadian goods by Aug. 1, setting a new deadline for trade talks that were supposed to have wrapped up by now.
Carney said last week a trade deal with the U.S. will likely include some tariffs, and that he expects talks to intensify ahead of the Aug. 1 deadline.
The premiers also say they hope to learn more about possible nation-building projects Carney is considering.
Alberta Premier Danielle Smith says she is hoping to learn more about Carney's meeting with First Nation chiefs last week over their concerns about speeding up the development of pipelines and resource extraction projects in their territories.
This report by The Canadian Press was first published July 22, 2025.
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Deal or no deal, Trump's looming 35% tariff has business worried about current exemptions
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Deal or no deal, Trump's looming 35% tariff has business worried about current exemptions

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Trump Tariffs Could Drive Up The Cost Of These Goods After August 1 Deadline
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Trump Tariffs Could Drive Up The Cost Of These Goods After August 1 Deadline

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Other food prices are rising, including chocolate , but it's currently unclear what impact tariffs will have on their prices: Hershey's announced it would raise prices but the price hikes were 'not related to tariffs or trade policies' and instead caused by supply shortages in Ghana and the Ivory Coast, which produce about 60% of the world's cocoa. , but it's currently unclear what impact tariffs will have on their prices: Hershey's announced it would raise prices but the price hikes were 'not related to tariffs or trade policies' and instead caused by supply shortages in Ghana and the Ivory Coast, which produce about 60% of the world's cocoa. Trump initially proposed a 21% tariff rate for Ivory Coast in April, but eventually backed off and Hershey's has asked the Trump administration for an exemption from tariffs on cocoa, Bloomberg reported on Tuesday. 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Brompton Wellington Square AAA CLO ETF Declares Distributions
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Brompton Wellington Square AAA CLO ETF Declares Distributions

TORONTO, July 24, 2025 (GLOBE NEWSWIRE) — (TSX: BAAA, BAAA.U) Brompton Wellington Square AAA CLO ETF announces distributions payable on August 15, 2025 to unitholders of record at the close of business on July 31, 2025 as follows: About Brompton Funds Founded in 2000, Brompton is an experienced investment fund manager with income and growth focused investment solutions including TSX traded closed-end funds and exchange-traded funds. For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@ or visit our website at . About Wellington Square Wellington Square Advisors Inc. ('Wellington Square') is a Toronto-based independent investment advisory led by portfolio managers Jeff Sujitno and Amar Dhanoya. Wellington Square has invested in CLOs for over 10 years with certain staff having specialized expertise gained from working for CLO managers. Commissions, management fees and expenses all may be associated with exchange-traded fund investments. Please read the prospectus before investing. Exchange-traded funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the fund, to the future outlook of the fund and anticipated events or results and may include statements regarding the future financial performance of the fund. In some cases, forward-looking information can be identified by terms such as 'may', 'will', 'should', 'expect', 'plan', 'anticipate', 'believe', 'intend', 'estimate', 'predict', 'potential', 'continue' or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

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