CTV National News: Messages of optimism ahead of deadline for U.S.-Canada trade deal
A government source tells CTV News there's a good level of optimism surrounding trade negotiations between Canada and the U.S. Abigail Bimman explains.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Globe and Mail
2 hours ago
- Globe and Mail
Berkshire Hathaway Reports Decline in Q2 2025 Earnings
Berkshire Hathaway A ( ($BRK.A) ) has released its Q2 earnings. Here is a breakdown of the information Berkshire Hathaway A presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Berkshire Hathaway Inc. is a multinational conglomerate holding company engaged in diverse business activities, including insurance, utilities, energy, freight rail transportation, manufacturing, retailing, and services. The company is publicly traded on the New York Stock Exchange under the symbols BRK.A and BRK.B. In its latest earnings report, Berkshire Hathaway disclosed a significant decrease in net earnings for the second quarter and first six months of 2025 compared to the same periods in 2024. The company highlighted the impact of investment gains and losses, as well as an impairment of its investment in Kraft Heinz, on its financial results. Key financial metrics from the report include net earnings attributable to shareholders of $12.37 billion for the second quarter of 2025, down from $30.35 billion in 2024. Operating earnings also saw a decline, with $11.16 billion reported for the second quarter of 2025 compared to $11.60 billion in 2024. The company experienced a notable decrease in investment gains, with $4.97 billion in the second quarter of 2025, a sharp drop from $18.75 billion in the same period of the previous year. Despite the challenges in investment performance, Berkshire Hathaway's core operations, such as insurance and energy, continued to contribute positively to its earnings. Insurance-investment income and contributions from its energy company and manufacturing sectors remained stable or showed slight improvements. Looking ahead, Berkshire Hathaway remains focused on its diverse business model, which provides a buffer against market volatility. The management continues to emphasize the importance of operating earnings as a more reliable indicator of the company's ongoing business performance, separate from the fluctuations in investment gains or losses.


CTV News
2 hours ago
- CTV News
Trump and Carney to meet in the coming days, but how close is a Canada-U.S. trade deal?
The Canada-U.S. trade minister Dominic LeBlanc says the two leaders will meet in the coming days, but can trade deal be reached? CTV's Colton Praill reports.


Globe and Mail
3 hours ago
- Globe and Mail
Fortis Inc. Reports Strong Q2 2025 Financial Results
Fortis ( (FTS)) has released its Q2 earnings. Here is a breakdown of the information Fortis presented to its investors. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Fortis Inc. is a leading North American regulated electric and gas utility company, known for its diversified operations across five Canadian provinces, ten U.S. states, and three Caribbean countries, serving 3.5 million utility customers. In its second quarter of 2025, Fortis reported strong financial results with net earnings of $384 million, or $0.76 per common share, marking an increase from the previous year's $331 million, or $0.67 per share. The company continues to execute its capital plan effectively, with $2.9 billion invested in the first half of the year, keeping it on track to meet its annual capital expenditure target of $5.2 billion. Key financial highlights include a significant rise in net earnings attributed to rate base growth and favorable exchange rates. Fortis also advanced its strategic initiatives, such as the agreement to supply 300 MW to a data center by Tucson Electric Power and the filing of rate applications in Arizona and New York. Additionally, Fortis received a stable BBB+ rating from Fitch Ratings, reflecting its solid financial position. Looking ahead, Fortis remains focused on enhancing shareholder value through its $26 billion five-year capital plan, which aims to increase the rate base significantly by 2029. The company anticipates continued earnings and dividend growth, driven by strategic investments and regulatory proceedings. Overall, Fortis is well-positioned to achieve its long-term objectives, leveraging its diversified portfolio and ongoing growth opportunities to maintain its leadership in the utility sector.