logo
PM Carney assembling cabinet today to talk U.S. trade, Middle East

PM Carney assembling cabinet today to talk U.S. trade, Middle East

OTTAWA – Prime Minister Mark Carney is meeting virtually with his cabinet today to discuss the state of trade negotiations with the U.S. and the situation in the Middle East.
The meeting is scheduled for 2 p.m. ET.
Minister responsible for Canada-U.S. Trade Dominic LeBlanc is in Washington today meeting with U.S. officials.
Carney said Monday that Canada's negotiations with the United States are in an 'intense phase' after President Donald Trump clinched a critical agreement with the European Union.
Trump told reporters last week that Canada wasn't a priority ahead of his Aug. 1 deadline to make trade deals.
Ministers are also expected to discuss the situation in the Middle East after the government announced Monday that it's adding $30 million to its humanitarian funding for Palestinians in the Gaza Strip and $10 million to 'accelerate reform and capacity-building for the Palestinian Authority.'
This report by The Canadian Press was first published July 30, 2025.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Aecon Group reports $7.6M loss in Q2 as backlog hits record
Aecon Group reports $7.6M loss in Q2 as backlog hits record

Winnipeg Free Press

timea minute ago

  • Winnipeg Free Press

Aecon Group reports $7.6M loss in Q2 as backlog hits record

TORONTO – Aecon Group Inc. reported a loss attributable to shareholders of $7.6 million in its latest quarter, compared with a loss of $123.9 million during the second quarter last year. The results amounted to a loss of 12 cents per diluted share in the quarter ended June 30, compared with a loss of $1.99 the year prior. The Toronto-based construction firm says revenue reached $1.3 billion, up 52 per cent on a year-over-year basis. Aecon Group also reported a backlog of $10.7 billion, the largest in the company's history. Chief executive Jean-Louis Servranckx says revenue for 2025 is expected to come in higher than last year, due to a number of factors, including the record backlog. The company says it's also continuing to monitor the potential impact from tariffs on its operations. This report by The Canadian Press was first published July 31, 2025. Companies in this story: (TSX:ARE)

CPP Investments to provide $225 million in funding for Ontario data center
CPP Investments to provide $225 million in funding for Ontario data center

Winnipeg Free Press

timea minute ago

  • Winnipeg Free Press

CPP Investments to provide $225 million in funding for Ontario data center

TORONTO – CPP Investments says it will help fund an expansion to a data center project in Cambridge, Ont. The pension fund says it will invest $225 million in the project through a 50 per cent interest in a construction loan. Deutsche Bank Private Credit and Infrastructure will provide funding for the other half of the loan and will serve as the lead lender on the transaction. A press release from CPP Investments says there is strong demand for hyperscale data centers in Toronto and the surrounding areas. It says the project has been pre-leased on a long-term basis by an AI cloud computing provider. Monday Mornings The latest local business news and a lookahead to the coming week. Geoffrey Souter, head of real assets credit, says the pension fund has deep expertise in the sector and the project will advance its global data center strategy. This report by The Canadian Press was first published July 31, 2025.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store