Latest news with #PeteHoekstra
Reuters
an hour ago
- Business
- Reuters
TSX hits record high as Celestica jumps, commodity prices rise
July 29 (Reuters) - Canada's main stock index rose to a new record high on Tuesday, led by gains for resource and technology shares as investor exuberance continued to underpin the market ahead of a Bank of Canada policy decision and other key events this week. The S&P/TSX composite index (.GSPTSE), opens new tab ended up 134.46 points, or 0.5%, at 27,539.88, eclipsing Friday's record closing high. "Optimism still seems to be pervading the market but we're entering the most interesting part of the week," said Michael Sprung, president at Sprung Investment Management. The Federal Reserve and the Bank of Canada are due to make policy decisions on Wednesday, while a deadline for Canada to reach a trade deal with the U.S., or face a 35% tariff on its goods, is set for Friday. The BoC is likely to keep its benchmark rate unchanged at 2.75% for the third straight meeting, economists and market analysts predict, as firm core inflation and robust job growth offset trade uncertainty. U.S. ambassador to Canada Pete Hoekstra said he hoped a trade deal between Canada and the U.S. would be reached "very soon." "I think the market has risen on euphoria and I don't know what it will take to break that euphoria, but I think at some point people are going to have to look hard at valuations and decide what intrinsic value really is and that could cause some setback going forward," Sprung said. Technology (.SPTTTK), opens new tab rose 2.2%, with shares of Celestica ( opens new tab climbing 16.9% after the electronics firm reported stronger-than-expected second-quarter results. Real estate (.GSPTTRE), opens new tab was up 1.7% as bond yields fell. The Canadian 10-year yield eased 4.5 basis points to 3.484%. The materials group (.GSPTTMT), opens new tab, which includes metal mining shares, added 1.2% as the price of gold rose. Energy (.SPTTEN), opens new tab also ended higher, rising 1%, as the price of oil settled up 3.8% at $69.21 a barrel. [O/R] Air Canada ( opens new tab was a drag, with its shares tumbling 12.3% after the company reported lower second-quarter profit.
Edmonton Journal
6 days ago
- Health
- Edmonton Journal
ICE goes public with a new report on Canadian man who died in custody
Article content The report released today highlighted health concerns that the officials flagged before he died. Here's what we know about the timeline since his arrest: Article content May 15: Noviello was arrested and detained. Article content May 16: The 49-year-old underwent a routine health inspection. A registered nurse completed the medical intake screening and noted the diagnosis of 'hypertension and seizure disorder, slightly elevated blood pressure, high body mass index, and his reported medication list and sent a provider referral' for him. He was prescribed medication. Article content May 19: A behavioural health provider recommended 'a medical provider evaluate him then refer him to mental health if needed.' Article content May 30: As per the documentation, the Canadian man is said to have refused a health history and a physical exam. Article content June 8: He was reported to be feeling sad and depressed and is said to have refused a health evaluation at a medical clinic. Article content Article content June 9: Noviello reportedly maintained poor personal hygiene and stated he had not eaten in 'a while.' Documentation revealed his vitals to be normal, and that there was discussion with him around the importance of self-hygiene and proper diet. Article content June 23: Noviello was found unresponsive and declared dead. Article content The report by ICE comes as prominent politicians noted the death of the Canadian, and with U.S. ambassador Pete Hoekstra confirming faith in ICE 'commitment to transparency'. Article content 'My team is following the death of a Canadian citizen while in @ICEgov custody. We will keep the Canadian government informed as ICE completes its investigation,' Hoekstra had posted online a few days after Noviello's death. 'I trust in ICE's commitment to transparency and to providing a safe environment for all individuals in its care.' Article content My team is following the death of a Canadian citizen while in @ICEgov custody. We will keep the Canadian government informed as ICE completes its investigation. I trust in ICE's commitment to transparency and to providing a safe environment for all individuals in its care. — Ambassador Pete Hoekstra (@USAmbCanada) June 27, 2025 Article content Article content
Winnipeg Free Press
7 days ago
- Politics
- Winnipeg Free Press
You don't want smoke? How about a mirror?
Opinion Dear Ambassador Pete Hoekstra, A couple of weeks ago, half a dozen Republicans wrote to Canada's ambassador to the United States to complain about the wildfire smoke that sometimes drifts from our country to yours. According to the Canadian Press and the Associated Press — you know the latter crowd for sure; they're the ones still calling the Gulf of Mexico by its recognized name and not the one declared by your oh-so-capricious president — representatives Tom Tiffany, Brad Finstad, Tom Emmer, Michelle Fischbach, Glenn Grothman and Pete Stauber of Wisconsin and Minnesota are saying that 'successive years of wildfires in Canada have undermined air quality in their states and robbed Americans of their ability to enjoy the summer.' Jacquelyn Martin / The Associated Press U.S. President Donald Trump speaks to the media, Sunday, July 13. American politicians are complaining about wildfire smoke drifting south. Columnist Pam Frampton points out something just as noxious is drifting north from the U.S. Let me just say right off the bat that we're terribly sorry if our pesky wildfires are interfering with folks' God-given right to play cornhole in the backyard, enjoy a Bud Light on the deck, or set an apple pie out to cool on the kitchen windowsill. Believe it or not, Canadians like those sorts of things, too, of a summer's day. The representatives are demanding answers and action, writing in their letter, 'As we are entering the height of the fire season, we would like to know how your government plans on mitigating wildfires and the smoke that makes its way south.' Well, forgive my boldness, sir, but those remarks seem a little light in the empathy department. Wildfires are caused by many things: some by arson, some accidentally set — by a dropped cigarette, say, or a backyard fire that sends sparks flying into tinder-dry woods — some by Mother Nature messing around with lightning. Some are even started by the sparks from trains. But the underlying factor in all of these is climate change, and the representatives' letter had nary a mention of that. Climate change can bring hotter weather and drought, earlier snow melt and high winds, all of which can set the stage for raging fires. Are there things countries can do to try to lessen the risk? Why of course, and Canada has. I don't mean to boast, but we've won recognition for our work in that regard. The Canadian Forest Fire Danger Rating System, for example, has been adapted by countries outside of our own. (Acknowledging that climate change is real is a good place to start). Those Republic representatives are worried about their constituents' —and presumably their own air quality — and fair enough. But have they given any thought to the thousands of Canadians who have had to flee their homes this summer — 12,000 evacuated in Manitoba alone so far — because of wildfires that are far more present and dangerous than second-hand smoke? And what of those who have lost their lives and properties in the fires here? Do those elected representatives care about their neighbours at all? And speaking of neighbours, your country hasn't exactly been exemplary in that regard of late. With U.S. President Donald Trump turning the tariff screws on Canadian products at every opportunity, you're no longer the ally you once were. Come to think of it, we have a complaint of our own. The squalid nature of politics in your country, sir, is making it difficult for many Canadians to enjoy their summer. Why, we can't even open our newspaper or turn on CBC Radio out on the deck without reading your president's name or hearing his voice. Instead of 'The World This Hour,' CBC might as well call their newscast 'What's Trump Done Today?' Government departments decimated. Massive employee layoffs. Families ripped apart by Immigration and Customs Enforcement. Detainees caged in Alligator Alcatraz. Science denounced and underfunded. Bizarre conspiracy theories endorsed and spread by the Oval Office (we hear Joe Biden was executed in 2020 and replaced by a robotic clone). Playing politics with the judiciary. Promises of peace deals that don't materialize. The 'Big Beautiful Bill.' Trump's incessant use of ALL CAPS. The Epstein files. Did we mention the Epstein files? Soon, Canadian children will be tearing off daisy petals to the refrain 'Is there a client list or isn't there a client list?,' instead of 'He loves me, he loves me not.' Weekday Mornings A quick glance at the news for the upcoming day. Enough already. Can you do something about that, Ambassador Hoekstra? Can you take our complaint to the highest levels, as we have done with yours about wildfire smoke? To paraphrase the Republican representatives, we would like to know how your government plans on mitigating the claptrap and twaddle that makes its way north — in all seasons since Trump took office, and not just in summer. Because right now, the president's vapid ramblings, poison politics and social media proclamations are about as welcome as a parade of ants in a potato salad at a picnic. Sincere regards. Pam Frampton lives in St. John's. Email pamelajframpton@ | X: @Pam_Frampton | Bluesky: @ Pam Frampton Pam Frampton is a columnist for the Free Press. She has worked in print media since 1990 and has been offering up her opinions for more than 20 years. Read more about Pam. Pam's columns are built on facts, but offer her personal views through arguments and analysis. Every column Pam produces is reviewed by an editing team before it is posted online or published in print — part of the Free Press's tradition, since 1872, of producing reliable independent journalism. Read more about Free Press's history and mandate, and learn how our newsroom operates. Our newsroom depends on a growing audience of readers to power our journalism. If you are not a paid reader, please consider becoming a subscriber. Our newsroom depends on its audience of readers to power our journalism. Thank you for your support.
CTV News
7 days ago
- CTV News
30 per cent drop in travellers arriving from N.B. at Maine border in June: U.S. agency
Data shows fewer Maritimers are crossing the international border in New Brunswick. The number of travellers arriving at Maine border crossings from New Brunswick dropped 30 per last month compared to June 2024, according to new numbers from the U.S. Customs and Border Protections agency. The data shows 178,704 travellers (counted as passenger vehicles, pedestrians, and trucks) crossed into Maine from New Brunswick last month, compared to 254,603 travellers the same month last year – amounting to 75,899 fewer travellers. A breakdown of the data at Maine's three busiest land border crossings shows: Calais June 2025: 65,719 June 2024: 97,251 Houlton June 2025: 28,693 June 2024: 42,673 Madawaska June 2025: 28,759 June 2024: 40,093 The new numbers continue a downward trend in cross-border traffic, which began in January when U.S. President Donald Trump's 51st state rhetoric grew more frequent. Early calls for Canadians to avoid U.S. travel haven't waned. On Monday, U.S. Ambassador to Canada Pete Hoekstra said Trump felt Canada was 'nasty' to deal with because of the boycotts on stateside travel, as well as American alcohol. Last month, Maine Governor Janet Mills visited New Brunswick to convey a message that Canadians were welcome in the state. Mills ordered new 'Welcome/Bienvenue Canadians/Canadiens' signs to be posted at border crossings and tourist destinations. According to Maine's department of tourism, about 800,000 Canadians visited the state last year, putting $500 million U.S. into the economy. Madawaska Bridge The Madawaska-Edmundston International Bridge, connecting Maine and New Brunswick over the Saint John River, is pictured. (Source: Nick Moore/CTV News Atlantic) For more New Brunswick news, visit our dedicated provincial page.
CTV News
7 days ago
- Business
- CTV News
Canadians proud to be considered ‘nasty' in defending sovereignty, Eby says
British Columbia Premier David Eby, right, talks with Saskatchewan Premier Scott Moe during the meetings of Canada's premiers in Huntsville, Ont., on Tuesday, July 22, 2025. THE CANADIAN PRESS/Nathan Denette Most Canadians would be 'proud' to be considered mean and 'nasty' for standing up for their sovereignty and economy in the face of threats from U.S. President Donald Trump's administration, British Columbia Premier David Eby said Tuesday. But he said Americans are friends, colleagues and family members, and B.C. has worked in close partnership with states in the U.S. Pacific Northwest for many years, spurring economic growth and other benefits on both sides of the border. Eby's remarks at a premiers' gathering in Huntsville, Ont., came the day after the U.S. Ambassador to Canada said bans on American alcohol and Canadians avoiding U.S. travel are among the reasons Trump thinks they are 'nasty' to deal with. Pete Hoekstra told the audience at the annual Pacific Northwest Economic Region Foundation summit in Bellevue, Wash., on Monday that such steps 'don't send positive signals' about Canada treating the United States well. Eby said cross-border co-operation in the region is an example of why Canadians 'have no interest in being mean and nasty' and instead want to work together with Americans. Hoekstra said it was 'Canadians' business' if they want to stay home. 'I don't like it, but if that's what they want to do, it's fine. They want to ban American alcohol. That's fine,' the ambassador told the conference crowd. 'There are reasons why the president and some of his team referred to Canada as being mean and nasty to deal with, OK, because of some of those steps.' B.C. is among the provinces that banned the sale of U.S. alcohol from government-run stores after Trump placed steep tariffs on goods from Canada. A statement from Eby on Monday said the U.S. ambassador's remarks showed Canadians' efforts to stand up to Trump are 'having an impact,' and he encouraged people to 'keep it up.' Statistics Canada figures show the number of Canadians returning home by car from south of the border fell to just over 33 per cent in June compared with the same month last year, marking the sixth consecutive month of year-over-year declines. Return trips by air fell to just over 22 per cent year-over-year. The number of Americans arriving in Canada by air decreased 0.7 per cent in June compared with the same time last year, while arrivals by car dropped 10.4 per cent. Wedad Bishara with Marlin Travel in Vancouver said U.S.-bound travellers make up just five to 10 per cent of her business, but she has noticed a shift since last November, when Trump announced plans to slap steep tariffs on Canadian goods. Some of her clients have indicated they would rather not travel south of the border, while others have continued to spend summers at time-share properties in Arizona and California, Bishara said in an interview on Tuesday. Overall, though, people are interested in travelling to Eastern Canada 'more than any other year before,' Bishara said, adding she has worked in the Canadian market for more than three decades. 'So, there are more trips that we design for Newfoundland and New Brunswick and all the East Coast.' Bishara said the Maritimes have a 'richness of beauty' and her clients have returned home happy with their experiences. 'There is interest in discovering Canada than we used to have in the past.' This report by Brenna Owen, The Canadian Press, was first published July 22, 2025.
