Business
President Trump announced a 25 percent tariff on countries trading with Iran, offering no legal framework and leaving allies, markets and businesses facing risk.
Alphabet’s market capitalization topped $4 trillion as shares rose to record levels, reflecting the company’s size, revenue base and global technology footprint.
Apple adopts Google Gemini AI to enhance Siri performance, enabling complex requests through cloud models under defined data protection safeguards.
Financial markets reacted swiftly after Trump backed a 10 percent credit card APR cap pressuring lenders reliant on interest income.
U.S. oil companies stopped short of commitments after Trump talks, underscoring industry caution toward Venezuela’s damaged energy sector.
UN sees India outperforming peers in 2026, with growth driven by consumption and infrastructure spending despite global economic uncertainty.
The global economy is operating near stagnation with restrained growth, weak trade flows and limited investment according to the latest UN outlook.
Canada reports an $18.4B federal deficit for April–October 2025, reflecting higher revenues and increased government spending.
North American leaders will meet in Washington to discuss CUSMA, focusing on trade cooperation and the upcoming 2026 review process.
U.S. companies including Siebel Institute and CarbonCapture relocate to Canada, signaling growing cross-border business realignment.
Canada’s GDP grew 2.6% in Q3 2025, driven by exports and public investment, signaling economic recovery after a weak second quarter.
Mark Carney says Canada’s US trade reliance, once a strength, has turned into a weakness as tariffs reshape export strategies and national policy.
Canada announced $1.5B in aid for lumber and steel sectors hit by new US tariffs to protect jobs, stabilize trade, and support market access.
Canada’s Mark Carney says the world can advance global goals without the US as G20 leaders in Johannesburg reach consensus on climate, trade, and growth.
Trump increases tariffs on Canada by 10% following a Reagan-themed Ontario ad, marking a sharp escalation in bilateral trade tensions.
Wall Street is divided on the AI boom, with warnings from the IMF and optimism from Goldman Sachs about long-term investment potential.
News
Canada has reopened senior-level talks with China as its prime minister visits Beijing, marking the first such trip in nearly a decade of muted diplomatic ties.
US approval allows SpaceX to expand Starlink with 7,500 satellites, increasing capacity while enforcing spectrum, safety, and deployment rules.
A Fed survey shows rising inflation fears and declining job confidence among US households, underscoring caution as consumers head into 2026.
Travel
Parks Canada introduces shuttle-only access and parking fees in Banff National Park to reduce traffic and protect wildlife zones this peak travel season.
IATA reports 4.6% global passenger traffic growth in August 2025, with record load factor and strong international air travel demand.
Canadian travel to the US dropped for the eighth month in August, with car and air trips both declining significantly according to Statistics Canada data.
Technology
Automotive
Toyota recalls 70,480 vehicles in Canada due to a software issue in digital dashboards that could prevent display of vital driving information.
Canada invests $22.7M to deploy 480 EV chargers in B.C., expanding public charging access as national EV sales experience a multi-month decline.
Lotus has launched global production of the Evija, a 217 mph all-electric hypercar producing 2,039 PS, making it the fastest EV of its kind now in production.