Carney Makes Canada's Liberal Party Acceptable to CEOs Again
By and Christine Dobby
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After nine years under Prime Minister Justin Trudeau, weak investment and slow economic growth had spurred Canadian executives to line up behind Conservative Leader Pierre Poilievre, who has promised to unleash capital with tax cuts and deregulation.
But the arrival of Mark Carney — the former Goldman Sachs banker, two-time central bank governor and Brookfield Asset Management Ltd. chair — to replace Trudeau has shifted the views in some boardrooms ahead of Canada's April 28 election.
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Boston Globe
an hour ago
- Boston Globe
Logan Airport is starting to see decline in Canadian travelers
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The Hill
an hour ago
- The Hill
Israel-Iran attacks loom over Trump at G7: Five things to watch
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The president spent the weeks after his November electoral victory suggesting Canada should become a state and mocking then-Prime Minister Justin Trudeau as 'governor.' Trump has claimed the U.S. has no need for Canadian imports, while Canada needs the U.S. for business and military protection. Trump hosted Carney at the White House in early May, where Trump doubled down on his suggestion that Canada would benefit from becoming the 51st state even as Carney was adamant it would not happen. 'I say 'never say never.' I've had many, many things that were not doable, and they ended up being doable,' Trump said. 'Canada loves us, and we love Canada. That's I think the number one thing that's important. But we'll see. Over time, we'll see what happens.' Canadian politicians and citizens have signaled they are opposed to the idea of becoming part of the United States, and it's possible Trump will face some protests or demonstrations while in Canada. 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Yahoo
an hour ago
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Incyte Corporation (NASDAQ:INCY) is one of the 8 cheap beginner stocks to buy right now. At the 46th Annual Global Healthcare Conference hosted by Goldman Sachs on June 9, Incyte Corporation (NASDAQ:INCY) delivered a presentation, detailing its long-term strategic goals. The company highlighted its growing pipeline and expected revenue growth from new pharmaceutical launches while addressing the imminent loss of exclusivity for its main medicine, Jakafi. In Q1 2025, Jakafi grew 24% year-over-year. According to management, three factors contributed to this growth. 10% came from demand, 7% from net pricing, and 7% from less destocking this year than in the same quarter last year. Looking ahead, Incyte Corporation (NASDAQ:INCY) anticipates that demand will be the only factor driving growth for the remainder of the year. To broaden its portfolio beyond Jakafi, however, the company intends to introduce four new products or indications in 2025, with the goal of generating an extra $1 billion in revenue by 2029. Incyte Corporation (NASDAQ:INCY), an American global pharmaceutical company, operates as a market leader in developing treatments for patients suffering from various diseases, including cancer. While we acknowledge the potential of INCY 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 More: and 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
