Prime Minister to visit Canada for trade and security talks
The Times reported that the pair will meet on June 14, ahead of the G7 leaders' summit in Alberta, against the backdrop of growing concerns about Donald Trump's trade war against its northern neighbour and repeated threats to annex Canada.
Mr Trump has repeatedly suggested turning Canada into its 51st state and imposed tariffs that led to retaliation from Ottawa.
The Canadian prime minister made the trip to Washington DC last month in a bid to ease tensions, but was dealt a blow last week when the US president doubled tariffs on steel imports.
Only the UK was spared from the White House's tariff hike, thanks to a deal struck between the two countries.
Levies will remain at 25% for imports from the UK, however Britain could still be subject to the higher 50% rate from July.
Sir Keir Starmer's trade pact with the US, struck last month, included relief on the steel and aluminium tariffs, but the implementation is yet to be finalised.
The Prime Minister's trip follows a royal visit by the King, who warned Canada is facing a 'critical moment' in its history, with the world a 'more dangerous and uncertain place' in a speech to open the nation's parliament.
Charles delivered an address written by the Canadian government that said Mr Carney's administration would bond with 'reliable trading partners and allies', a move that follows Mr Trump's economic tactics.
Many Canadians have seen the King's two-day visit to Ottawa as a symbol of support for the nation that has faced the unwanted attention of Mr Trump.
Charles told the parliament 'self-determination' was among a number of values Canada held dear and the government was 'determined to protect'.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
9 minutes ago
- Yahoo
Patterson-UTI (PTEN): Among the Best Oil and Gas Stocks for Dividend Income
Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is included among the 12 Best Oil and Gas Dividend Stocks to Buy Now. A drilling site in the wilds of nature, highlighting the company's commitment to exploration. Following its 2023 acquisition of Nextier, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has emerged as a dominant player in US drilling and completions, boasting the country's largest pressure pumping fleet. The company returned $51 million to shareholders in the first quarter of 2025, including $20 million for share repurchases. PTEN also declared a quarterly dividend of $0.08 per share in April and offers an attractive annual dividend yield of 5.37% as of the writing of this piece. Over the 18 months from September 30, 2023, through March 31, 2025, Patterson-UTI Energy, Inc. (NASDAQ:PTEN) used approximately $387 million to repurchase shares and reduced its share count by 8%. The company still has $741 million in remaining share repurchase authorization as of the end of the first quarter of 2025. PTEN revealed in its investor presentation last month that it has a target to return at least 50% of this adjusted free cash flow to shareholders, supported by a strong capital structure with no senior note maturities until 2028. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) is a leading provider of drilling and completion services to oil and natural gas exploration and production companies in the United States and other select countries. While we acknowledge the potential of PTEN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 minutes ago
- Yahoo
This Oil and Gas Producer Has Raised its Dividend for 25 Consecutive Years
Canadian Natural Resources Limited (NYSE:CNQ) is included among the 12 Best Oil and Gas Dividend Stocks to Buy Now. A vast oil rig pumping crude oil during a sunset, emphasizing the company's focus on oil & gas exploration and production. Canadian Natural Resources Limited (NYSE:CNQ) has increased its dividend for 25 consecutive years with a CAGR of 21% over the period, putting it among the 11 Best Canadian Dividend Stocks to Buy Now. In 2024 alone, the company approved three dividend increases and has already raised the payout again in 2025, despite weaker oil prices. CNQ announced a quarterly dividend of $0.5875 per share in May and currently boasts an annual dividend yield of 5.52%. Canadian Natural Resources Limited (NYSE:CNQ)'s industry-leading cost structure and predictable, long-life, low decline assets and reserve base allow it to have a break-even that remains in the low-to-mid $40 WTI range. This enables the company to remain profitable and sustain shareholders' payouts even during periods of excessive market volatility. Canadian Natural Resources Limited (NYSE:CNQ) is one of the largest independent crude oil and natural gas producers in the world. continuing operations in its core areas located in Western Canada, the UK portion of the North Sea, and offshore Africa. While we acknowledge the potential of CNQ as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 10 Best Nuclear Energy Stocks to Buy Right Now and The 5 Energy Stocks Billionaires are Quietly Piling Into. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
9 minutes ago
- Yahoo
Over 5.2 million pools sold across the U.S. and Canada are under recall after reports of nine deaths
NEW YORK (AP) — More than 5.2 million aboveground swimming pools sold across the U.S. and Canada over the last two decades are being recalled after nine drowning deaths were reported. The recall covers a range of Bestway, Intex Recreation and Polygroup pools that were sold by major retailers as far back as 2002. According to Monday notices published by the U.S. Consumer Product Safety Commission and Health Canada, these pools have compression straps running along the outside of the product — which 'may create a foothold' for small children and allow them to access the water unattended. That can pose a serious drowning risk, the safety regulatory warn. To date, the CPSC believes nine children across the U.S. have drowned after gaining access to these now-recalled pools in this way. Those deaths occurred between 2007 and 2022, involving children between the ages of 22 months and 3 years old. No additional fatalities have been reported in Canada. Consumers in possession of these pools are urged to immediately contact Bestway, Intex and/or Polygroup to receive a free repair kit — which will consist of a rope to replace the compression strap. Owners of these pools should otherwise ensure that small children cannot access the pool without supervision, regulators note — and could alternatively drain the pool until the repair is made. All of the pools being recalled are 48 inches or taller — and can be identified by brand and model names listed on both the CPSC and Health Canada's recall notices. Sales of the pools ranged by model and location, but date as far back to 2002 and as recently as 2025. About 5 million of these now-recalled pools were sold across the U.S. — including both online and in-stores at major retailers like Walmart, Target, Lowe's, Costco and Amazon. Another 266,000 were sold in Canada. The Associated Press Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
