Ministers to meet July 22 on tariff talks
Ottawa reports Prime Minister Mark Carney will hold a cabinet meeting July 22 with premiers at Huntsville Ontario to discuss U S President Trump's threat of 35 per cent tariffs on Canadian goods and to push toward a revised August 1 deadline. The note cites Canada will defend workers and businesses and seeks a trade deal with the United States under CUSMA rules.
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Jobs surge in June cools rate cut hopes for Bank of Canada
Canada added about 83,000 jobs in June, lowering unemployment to 6.9 percent as most gains were part time. Analysts say the robust data dampens near term rate-cut expectations, with the Bank of Canada slated to decide on July 30 while tariffs weigh on the outlook.
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