US narrows trade focus to secure deals before Donald Trump's tariff deadline
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DealMakerInsider.com Publishes a New White Paper for M&A Advisors on Reframing Sell-Side Qualification in Tech
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In the news today: 10 candidates in Alberta byelection to debate
Here is a roundup of stories from The Canadian Press designed to bring you up to speed... 10 candidates in Alberta byelection to debate Ten candidates vying to represent Battle River-Crowfoot in the House of Commons are to debate tonight in the riding's largest municipality. Conservative Leader Pierre Poilievre's press secretary Sarah Fischer says he will be attending the event hosted by the Camrose & District Chamber of Commerce ahead of the Aug. 18 byelection. Poilievre is looking to win in the sprawling eastern Alberta riding after he lost his long-held Ottawa seat of Carleton in the April general election. The writ was dropped last month after Conservative Damien Kurek, who handily won the seat in the April vote, stepped down so Poilievre could run. About 210 candidates were registered to run as of Monday on Elections Canada's website, including Liberal candidate Darcy Spady, the NDP's Katherine Swampy, Independent Bonnie Critchley and dozens of others sponsored by the Longest Ballot Committee protest group. Here's what else we're watching... Businesses hoping for carveouts in potential deal Business leaders and academics say they hope to see Canada and the U.S. maintain free-trade protections for most goods once an agreement is reached, even if the negotiations can't stave off certain sectoral tariffs. It's unclear if the two countries will stick to the Aug. 1 deadline for wrapping up talks. Prime Minister Mark Carney said Monday negotiations were in an "intense phase" but U.S. President Donald Trump told reporters last week that Canada wasn't a priority for his administration. Whether a deal is announced Friday or later, Canadian Federation of Independent Business president Dan Kelly says his organization's members feel "a good chunk" of trade must remain tariff-free in order for talks to be considered successful. He says it wouldn't be a win for Canada if the trade agreement ends up looking similar to the deal struck by the U.S. with the European Union on Sunday. That framework imposes a 15-per-cent tariff on most goods imported into the U.S., including European automobiles, and there are no carveouts for key products like pharmaceuticals and steel. Motion on B.C. injection site closure deferred City council in Nanaimo, B.C., has voted to defer a motion on asking the local health authority to close an overdose prevention site next to city hall. The vote to defer Coun. Ian Thorpe's motion passed with a 6-3 vote in favour of deferral during a special meeting of council on Monday night. 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"I wrote this book as a survivor of gender-based violence with personal experiences about how violence has touched and impacted my whole life," said Chen, B.C.'s former minister of state for child care. Chen, who also has a young son, sees the problem as an urgent one, pointing to a recent spate of alleged intimate partner violence in B.C. This month alone, there has been the killing of an 80-year-old Abbotsford woman and the death of her husband in what police consider a murder-suicide; the killing in a Richmond apartment of a 51-year-old woman whose partner has been charged with second-degree murder; and the death of Bailey McCourt, allegedly beaten to death in a Kelowna parking lot by her estranged husband, James Plover, also charged with second-degree murder. Chen said it was "totally heartbreaking and unacceptable" to hear of such tragedies, and society needed to see the violence as an emergency. She and other advocates want changes to the legal and social justice systems to prevent it from continuing. Artists reflect on colourful Toronto moose project As people around the world welcomed a new millennium, Torontonians in the year 2000 were welcoming something even bigger – a herd of hundreds of life-size moose statues. Twenty-five years ago, Toronto launched its Moose in the City campaign, a project featuring 326 colourful moose statues decorated by artists and placed all over the city in an effort to usher in the new year with a boost for local tourism and art sectors. The project came at no cost to the city, according to council minutes from April 2000, and the statues were sponsored by various companies. The public could stumble upon the hoofed, herbivore masterpieces at locations including the CN Tower, Pearson Airport and city hall. Some of the artists involved say the project was emblematic of the city's culture and shows how municipalities can step up to support the art scene — even as some of the famed sculpted creatures have disappeared in the years since. Moose in the City was a "great collaboration with the city" for artists, said Kelly Borgers, who was commissioned to do three of the statues. There was even a launch party for the project, with music and a sculpture parade. This report by The Canadian Press was first published July 29, 2025. The Canadian Press
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Japan says US trade deal eases tariff uncertainties, but risks remain
TOKYO (Reuters) -Japan said on Tuesday the trade agreement it struck with the U.S. cleared uncertainties on U.S. trade policies but continued attention needs to be given to risks of those policies putting downward pressure on the Japanese economy. Tokyo clinched a trade deal with Washington last week, lowering tariffs to 15% from a previously proposed 25%, including on autos, a mainstay of the export-reliant economy. In the Cabinet Office's monthly economic report for July, the government maintained an overall assessment that the Japanese economy is recovering "at a moderate pace," although effects from U.S. tariffs are seen in some areas including cars. "Regarding the tariff measures that had already been implemented, the export prices of automobiles to the U.S. have fallen significantly since April," a Cabinet Office official said at a press briefing. However, the official said there are no particular signs of change in export volumes, manufacturing price indexes or employment due to the tariffs. "We had been saying that there was a heightened risk of a downturn (in the Japanese economy) due to the impact of U.S. trade policy, but we don't think that is the case at this point," the official said, citing a slew of trade deals the U.S. had concluded with countries. "On the other hand, the risk of a downturn remains, so we need to keep an eye on that." Elsewhere in the report, the Cabinet Office downgraded its assessment of exports for the first time in a year, reflecting a slowdown in semiconductor manufacturing equipment exports to Taiwan and South Korea. The government also revised its language on domestic corporate goods prices for July. It said the pace of growth is "slowing down" recently, having in June said they were "gradually rising", attributing the change to the government's energy subsidies and slower growth in food prices. On private consumption, which accounts for more than half of Japan's economy, the government retained its view that it is picking up. Sign in to access your portfolio
