logo
‘This is a retroactive tax': Trump halts trade talks with Canada over digital services tax

‘This is a retroactive tax': Trump halts trade talks with Canada over digital services tax

CTV News13 hours ago

Watch
CTV's Colton Praill explains the collapse of digital tax talks, its goals, and why it may have angered former President Trump.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

3 Dividend Stocks to Double Up on Right Now
3 Dividend Stocks to Double Up on Right Now

Globe and Mail

time28 minutes ago

  • Globe and Mail

3 Dividend Stocks to Double Up on Right Now

Buy, sell, or hold? That's the question investors must continually ask about each stock in their portfolio. The correct answer might be to sell if your original investing thesis has changed. In many cases, the best course of action is to simply stay the course. Sometimes, though, adding more to your position makes sense. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » Every now and then, the smartest strategy is to back up the truck and load up on more shares. Here are three dividend stocks to double up on right now. 1. AbbVie If there were a dividend hall of fame, I think AbbVie (NYSE: ABBV) should be in it. The major drugmaker is a Dividend King with 53 consecutive years of dividend increases. Since spinning off from Abbott in 2013, AbbVie has more than quadrupled its dividend payout. Its forward dividend yield currently tops 3.5%. Why double up on AbbVie now? Its dividend is one reason. However, an even more compelling motivation is that the company's growth should accelerate nicely over the next few years. AbbVie continues to be somewhat weighed down by the early 2023 loss of exclusivity for its then-top-selling drug, Humira. But the more time passes, Humira will have less of a drag on growth. Meanwhile, sales for the company's two successors to Humira -- Rinvoq and Skyrizi -- are soaring. AbbVie's pipeline also features several potentially solid growth drivers. The main argument against investing more heavily in AbbVie stock now is probably the Trump administration's threats of tariffs on pharmaceutical imports to the U.S. and the implementation of a most-favored-nation drug pricing plan. I suspect, though, that these won't derail AbbVie's growth much, if at all, over the near term and will likely be non-issues in the long term. 2. Enterprise Products Partners Want especially juicy income? Take a look at Enterprise Products Partners (NYSE: EPD). This master limited partnership (MLP) offers a forward distribution yield of 6.96%. Here's more good news: Enterprise has increased its distribution for 26 consecutive years. Yes, this sky-high distribution is a key factor behind my including Enterprise Products Partners on the list of dividend stocks to double up on right now. The stock won't have to deliver much in the way of appreciation to generate a double-digit percentage total return. I expect this midstream energy stock will provide nice growth, though. The U.S. is experiencing an explosion in the number of data centers, largely due to the breakneck adoption of artificial intelligence (AI). Many of these data centers will be powered by natural gas. That's great news for Enterprise Products Partners. Domestic demand isn't the only growth driver for Enterprise Products Partners, either. As co-CEO Jim Teague said in the MLP's first-quarter earnings call, "The bottom line is the world needs U.S. oil, natural gas, and natural gas liquids to provide for their people and to grow their economies." He's right -- and much of those hydrocarbons will flow through Enterprise's pipelines. 3. Realty Income Realty Income (NYSE: O) is listed third among the dividend stocks to double up on now, but it's only because I've listed the stocks alphabetically. There's a lot to like about this real estate investment trust (REIT). For starters, Realty Income's forward dividend yield is 5.66%. The company distributes its dividend monthly. It has also increased its dividend for 30 consecutive years, with a total of 131 dividend hikes during that period. If that's not enough to impress you, consider that Realty Income has generated a positive total operational return every year since its initial public offering in 1994. The stock's average total return since then is roughly 11%. Realty Income's growth prospects look good, too. The REIT targets a total addressable market of $14 trillion. Around $8.5 trillion of that market is in Europe, where the company has only two major rivals. Should you invest $1,000 in AbbVie right now? Before you buy stock in AbbVie, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and AbbVie wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor 's total average return is1,062% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 23, 2025

Proud but with problems: How Canadians feel about their country
Proud but with problems: How Canadians feel about their country

Edmonton Journal

timean hour ago

  • Edmonton Journal

Proud but with problems: How Canadians feel about their country

Article content Those respondents who were less proud being Canadian now than a few months ago were asked if their enthusiasm was dampened by the results of April's federal election. The answer was also a strong yes: 74 per cent attributed it to the election, that returned the Liberal Party to government with a new leader promising to tackle Trump's threats. It's possible to be very proud to be Canadian — particularly when there's another country that suggests you should just pack in this whole Canada thing — but still say there's a lot of problems in the country Despite enthusiastic pride in being Canadian, respondents were curiously cautious about boasting of Canada's place in the world. Not even half of all the respondents said Canada is one of the best countries in the world to live in. Only 49 per cent did. Another 20 per cent said Canada has a lot of work to do to be considered one of the best, while 19 per cent said Canada wasn't much better than some others. Four per cent dismissed Canada as not a great place to live. Enns wondered if those results are a sign of Canada's supposed politeness.

Proud but with problems: How Canadians feel about their country
Proud but with problems: How Canadians feel about their country

National Post

timean hour ago

  • National Post

Proud but with problems: How Canadians feel about their country

As Canada turns 158 on Tuesday, a birthday celebrated during tumultuous political and international agitation, Canadians remain proud of their country and their place in it — with considerable intensity for a nation often too modest to boast — but riding on that red-and-white wave are hard questions of what kind of country Canadians want. Article content A new national opinion survey marks Canada Day by delving into how Canadians feel about their country and what boosts their patriotism and what dampens it; about what irks them so much they might leave, their sense of Canadian values, and even tries to put a finger on what Canada's national identity looks like. Article content There is little doubt Canadians are proud to be Canadian — a huge majority declared it — even though there are concerns about affordability, what it means to be Canadian, and a loss of a shared sense of collective identity, according to the survey conducted by Leger Marketing Inc., for Postmedia. Article content Article content 'As we approach Canada Day this year, Canadians are feeling pretty good about being Canadian, and I think they're going to be pretty boisterous about demonstrating it,' said Andrew Enns, a Leger vice president who oversaw the poll. Article content But, cautioned Enns, that doesn't mean there aren't challenges. Article content 'It doesn't necessarily mean things are fantastic here. I think it's possible to be very proud to be Canadian — particularly when there's another country that suggests you should just pack in this whole Canada thing — but still say there's a lot of problems in the country,' Enns said. Article content When the poll respondents were asked how proud they were to be Canadian, 83 per cent described themselves as proud, with 45 per cent of those escalating that feeling to being very proud. Of those who dissented, 11 per cent said they weren't very proud and four per cent said they were not at all proud to be Canadian. Article content Article content 'A year ago, it wasn't like we were all wearing paper bags over our head and being ashamed — three-quarters said they felt pretty proud about being Canadians back then, but we've now popped that number up. There's also an intensity that I think we'll probably see on display in different celebrations,' said Enns. Article content Article content Canada's proudest region is Atlantic Canada, where 90 per cent said they were proud and 57 per cent even upsized to very proud. Article content Those least likely to declare Canadian pride were in Alberta, but even there a strong majority — 78 per cent — said they were proud to be Canadian. That result wasn't much different that in British Columbia, where it was 79 per cent. Article content More women than men expressed Canadian pride (86 per cent versus 80 per cent). Article content The younger a respondent was, the less likely they were to say they were a proud Canadian: Among those aged 18 to 34, the youngest cohort, 76 per cent expressed pride; in the middle, those aged 35 to 54, there were 81 per cent declaring pride, while 89 per cent in the oldest group (55 and over) said they were proud to be Canadian.

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