Canada

Carney Says U.S. Is 'Asking Less and Offering More' as Trade Talks Heat Up
Red lines on French content and Canada's other trade deals are off the table, but autos remain the sticking point ahead of an APEC meeting with Trump.

Ottawa to Invest Up to $1.6 Billion in Toronto AI Company Cohere
The stake is part of a $7-billion round valuing the U of T-rooted firm at $35.7 billion, with pledges of 1,000 Canadian jobs.

Bank of Canada Raises Rates for First Time Since 2023 as Oil Prices Push Inflation
The quarter-point hike to 2.5 per cent will hit variable-rate borrowers, and Macklem says more increases could be needed.
