Trump blasts Canada over wildfire smoke, threatens to increase tariffs: U.S. President Donald Trump says the cost of pollution from wildfire smoke drifting south ...
bnnbloomberg.ca/tariffs/2026/07/17/trump-threatens-to-raise-tariffs-over-canadian-wildfire-smoke/

Key FactsTrump Threatens Tariffs Over Canadian Wildfire Smoke
20 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: businessinsider.com
Summary created with AI assistance · Source: businessinsider.com
- President Trump accused Canada of poor forest management causing wildfire smoke to drift into the United States.
- Republican legislators are introducing bills and urging Canadian officials to take stronger action to prevent the fires.
- Canada currently faces over 800 active wildfires, many out of control, affecting air quality in major US cities.
- Bilateral tensions rise amid ongoing trade disputes and environmental concerns linked to the wildfires.
The United States is being unnecessarily invaded by filthy, polluted, and unhealthy air, the quality of which is dangerous, and totally unacceptable! The cost is incalculable!— Donald Trump, in a Truth Social post blaming Canada for wildfire smoke and threatening tariffs
Mexican foreign minister says trilateral trade talks will happen when 'appropriate'
bnnbloomberg.ca/business/politics/2026/07/17/mexican-foreign-minister-says-trilateral-trade-talks-will-happen-when-appropriate/

Carney says Trudeau-era climate strategy was 'not sustainable': Moshe Lander, senior lecturer in economics at Concordia University, joins BNN Bloomberg ...
bnnbloomberg.ca/video/shows/the-close/2026/07/17/carney-says-trudeau-era-climate-strategy-was-not-sustainable/

China’s Moonshot unveils world’s largest open AI model, closing in on U.S. rivals
bnnbloomberg.ca/business/company-news/2026/07/17/chinas-moonshot-unveils-worlds-largest-open-ai-model-closing-in-on-us-rivals/

Key FactsGlobal AI Race Intensifies with Emerging Leaders
7 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: axios.com
Summary created with AI assistance · Source: axios.com
- China’s Moonshot AI launched Kimi K3, a model outperforming U.S. leaders in coding benchmarks and narrowing the global AI lead.
- The Five Eyes intelligence alliance warned that frontier AI capable of disrupting governments and businesses is months away.
- Chinese AI models like DeepSeek V4 and Qwen3 have made significant progress through major funding and technological advancements.
- Japan, Europe, Canada, South Korea, and UAE are developing advanced AI tailored to their markets, emphasizing data privacy and specialized applications.
The timeline is not years, it is months.— Five Eyes intelligence alliance warned that the timeline for frontier AI is not measured in years, but in months.
MLB restricts dugout iPad use to prevent use of AI to make decisions: Major League Baseball is restricting iPad usage in dugouts to prevent the tablets from ...
bnnbloomberg.ca/business/artificial-intelligence/2026/07/17/mlb-restricts-dugout-ipad-use-to-prevent-use-of-ai-to-make-decisions/

U.S. oil firms sign deals with Iraq to develop alternative shipping routes: U.S. companies signed roughly US$60 billion in agreements and partnerships with the ...
bnnbloomberg.ca/business/international/2026/07/17/us-oil-firms-sign-deals-with-iraq-to-develop-alternative-shipping-routes/

‘So, what’s the deal?’ Poilievre asks Carney in push to publicize details of Gordie Howe bridge agreement
bnnbloomberg.ca/business/politics/2026/07/17/so-whats-the-deal-poilievre-asks-carney-in-push-to-publicize-details-of-gordie-howe-bridge-agreement/

Key FactsGordie Howe Bridge Profit Sharing Deal Explained
4 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: globalnews.ca
Summary created with AI assistance · Source: globalnews.ca
- The Gordie Howe Bridge is set to open on July 27 after Canada funded the full $6.4 billion construction cost.
- Under the new agreement, around 50% of toll profits after expenses will support a U.S.-led regional development initiative.
- A 15-year economic development fund linked to bridge profits aims to benefit communities on both sides of the border.
- This arrangement may extend Canada's original 50-year cost recovery timeline and has drawn criticism regarding bilateral trade relations.
a MUCH BETTER DEAL for America.— Donald Trump, in a social media post, said this new arrangement was a MUCH BETTER DEAL for America, in the context of the Gordie Howe Bridge profit-sharing agreement.
Cancer society applauds certification of class-action against e-cigarette maker JUUL
bnnbloomberg.ca/business/company-news/2026/07/17/cancer-society-applauds-certification-of-class-action-against-e-cigarette-maker-juul/

Brazil calls Trump’s 25% tariff unjustifiable, vows to impose reciprocal tariffs: Brazil has described the latest U.S. tariffs on certain Brazilian imports as ...
bnnbloomberg.ca/tariffs/2026/07/16/brazil-calls-trumps-25-tariff-unjustifiable-vows-to-impose-reciprocal-tariffs/

Key FactsBrazil Rebukes U.S. Tariffs, Plans WTO Challenge
2 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: time.com
Summary created with AI assistance · Source: time.com
- The U.S. announced a 25% tariff on many Brazilian imports, citing unfair trade practices under Section 301 of the Trade Act.
- Brazilian President Lula’s office rejects the investigation’s legitimacy, accusing political bias linked to former President Bolsonaro’s family.
- Brazil intends to activate countermeasures under its Reciprocity Law and pursue dispute settlement through the WTO framework.
- U.S. Secretary of State Rubio blames Lula’s government for failed negotiations, linking the tariffs to Brazil’s uncooperative stance.
"Lula has put his own ego ahead of making a deal for the welfare of the Brazilian people, and these tariffs are the price for that," he argued.— Marco Rubio, U.S. Secretary of State
Marvel Comics to move publishing operations to California: Reuters source: Marvel Comics will move its publishing division from New York City to Burbank, Calif. ...
bnnbloomberg.ca/business/company-news/2026/07/17/marvel-comics-to-move-publishing-operations-to-california-reuters-source/

Netflix tumbles as slowing growth, less viewership data spook investors: Netflix shares sank more than 10 per cent premarket on Friday after the streaming giant ...
bnnbloomberg.ca/business/2026/07/17/netflix-tumbles-as-slowing-growth-less-viewership-data-spook-investors/

Key FactsNetflix Increases Subscription Prices Again
Jan 21, 2025 · Reading time: ~30 sec.
Summary created with AI assistance · Source: theverge.com
Summary created with AI assistance · Source: theverge.com
- Netflix has raised prices for most subscription plans in the US, Canada, Portugal, and Argentina, with the cheapest ad-supported plan increasing from $6.99 to $7.99 per month.
- The price hikes will take effect during the next billing cycle and also impact the standard ad-free tier, which will rise from $15.49 to $17.99 per month.
- Despite adding a record 19 million subscribers and surpassing $10 billion in operating income, Netflix believes there is still room for growth, as it captures less than 10% of TV viewing in its markets.
- A new Extra Member with Ads plan will allow subscribers to add someone outside their household, while Netflix continues to enhance its content with significant live events and new series.
Canada to buy nearly $2-billion in armored vehicles: Christian Leuprecht, military expert & professor at the Royal Military College of Canada and Queen's ...
bnnbloomberg.ca/video/shows/the-close/2026/07/17/canada-to-buy-nearly-2-billion-in-armored-vehicles/

Meta in talks to rent some of its billions in AI infrastructure to Anthropic: Meta is in talks with Anthropic about leasing computing capacity to the AI startup ...
bnnbloomberg.ca/business/technology/2026/07/17/meta-in-talks-to-rent-some-of-its-billions-in-ai-infrastructure-to-anthropic/
Apple unseats Nvidia to become world’s most valuable company as AI bets shift: Apple overtook Nvidia on Friday to become the world’s most valuable company ...
bnnbloomberg.ca/business/technology/2026/07/17/apple-closes-in-on-nvidia-in-race-for-worlds-most-valuable-company/

Saab says pilot training will take place in Canada if Ottawa buys Gripen jets: Saab says it will work with Canadian company CAE on a domestic training ...
bnnbloomberg.ca/business/company-news/2026/07/17/saab-says-pilot-training-will-take-place-in-canada-if-ottawa-buys-gripen-jets/

Chinese airlines order 95 Airbus jets with list price of US$17.8 billion to expand fleets
bnnbloomberg.ca/business/2026/07/17/chinese-airlines-order-95-airbus-jets-with-list-price-of-us178-billion-to-expand-fleets/

U.S. import prices unexpectedly rise in June: U.S. import prices unexpectedly rose in June as declines in the costs of food and energy products were more than ...
bnnbloomberg.ca/business/international/2026/07/17/us-import-prices-unexpectedly-rise-in-june/

Citizens Bank to cut ties with CoreCivic and GEO after a fierce public pressure campaign
bnnbloomberg.ca/business/company-news/2026/07/17/citizens-bank-to-cut-ties-with-corecivic-and-geo-after-a-fierce-public-pressure-campaign/

Bruce Campbell’s Top Picks for July 17, 2026 : Top Picks from Bruce Campbell, President & Portfolio Manager, StoneCastle Investment Management
bnnbloomberg.ca/markets/2026/07/17/bruce-campbells-top-picks-for-july-17-2026/
EU forces Google to share search data and open Android to rival AI companies: The European Union issued two new rules for Google to force it to share search data ...
bnnbloomberg.ca/business/company-news/2026/07/16/eu-forces-google-to-share-search-data-and-open-android-to-rival-ai-companies/

Key FactsEU Forces Google to Share AI and Search Features
1 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: reuters.com
Summary created with AI assistance · Source: reuters.com
- The European Commission requires Google to grant OpenAI and other AI competitors access to 11 Android features.
- Users will be able to activate rival AI assistants via voice commands from July 2027 for tasks like booking taxis.
- Google must share anonymized data with AI chatbots that have search functions starting in January 2027.
- Security and privacy assessments by Google will precede access, and a pricing model for data sharing is established.
Today's decisions risk undermining vital privacy and security guardrails for millions of Europeans.— Kent Walker, Google's lawyer, said in an email.
Government investigating CN’s actions after rail crew caught in wildfire: Federal authorities say they are looking into whether Canadian National Railway Co ...
bnnbloomberg.ca/business/company-news/2026/07/17/government-investigating-cns-actions-rail-crew-caught-in-wildfire/

Oil prices may be driving the U.S.- Iran war, instead of just reacting to it, explains expert
bnnbloomberg.ca/business/2026/07/17/the-cheaper-oil-gets-the-more-us-iran-war-could-escalate-says-expert/

Trump administration won’t give Canada credit for concessions: U.S. trade official
bnnbloomberg.ca/tariffs/2026/07/16/canadas-concessions-have-meant-little-to-trump-administration-us-trade-czar/

U.K. nationalizes Chinese-owned British Steel to protect nation’s steelmaking capacity
bnnbloomberg.ca/business/international/2026/07/16/uk-nationalizes-chinese-owned-british-steel-to-protect-nations-steelmaking-capacity/

New deal over Gordie Howe bridge may mean bigger profits for U.S.: Jeremie Charron says a new deal between Canada and the U.S. over the Gordie Howe bridge ...
bnnbloomberg.ca/video/2026/07/16/new-deal-over-gordie-howe-bridge-may-mean-bigger-profits-for-us/

We don't know 'what it means for one company to own such a large pool of data': Feminuity CEO
bnnbloomberg.ca/video/shows/trading-day/2026/07/17/we-dont-know-what-it-means-for-one-company-to-own-such-a-large-pool-of-data-feminuity-ceo/

Saskatchewan sawmill curtailing operations, 117 employees affected: The operators of a Saskatchewan sawmill say production will be curtailed later this year for ...
bnnbloomberg.ca/business/economics/2026/07/17/saskatchewan-sawmill-curtailing-operations-117-employees-affected/

Canada to buy 190 armoured vehicles from Ontario-based manufacturer in $2B deal: Prime Minister Mark Carney says the federal government is spending $2 billion ...
bnnbloomberg.ca/business/politics/2026/07/16/canada-to-buy-190-armoured-vehicles-from-ontario-based-manufacturer-in-2b-deal/

OpinionDollar-cost averaging versus lump-sum investing. Which is better?: Dale Jackson: Most Canadians who can invest, invest when they can.
bnnbloomberg.ca/investing/opinion/2026/07/17/dollar-cost-averaging-versus-lump-sum-investing-which-is-better-dale-jackson/

Temporary relief in gas prices expected to pull inflation back below 3% in June: Falling gas prices in June are expected to pull the annual inflation rate back ...
bnnbloomberg.ca/business/economics/2026/07/17/temporary-relief-in-gas-prices-expected-to-pull-inflation-back-below-3-in-june/

‘An emergency measure’: Wood products industry calls on Ottawa to impose tariff on foreign goods
bnnbloomberg.ca/tariffs/2026/07/17/its-very-frustrating-and-painful-inside-a-quebec-cabinet-plant-hit-hard-by-the-trade-war/

What caused Alcoa's Q2 earnings miss?: Timna Tanners, equity research analyst at Wells Fargo, joins BNN Bloomberg to discuss Alcoa's earnings and ...
bnnbloomberg.ca/video/shows/the-close/2026/07/17/what-caused-alcoas-q2-earnings-miss/

Officials scrambled behind the scenes as Trump took aim at bridge project: emails
bnnbloomberg.ca/business/politics/2026/07/17/officials-scrambled-behind-the-scenes-as-trump-took-aim-at-bridge-project-emails/

'If I had to say buy, hold or sale, I would say it's a hold': Small on Canadian banks
bnnbloomberg.ca/video/shows/the-street/2026/07/17/if-i-had-to-say-buy-hold-or-sale-i-would-say-its-a-hold-small-on-canadian-banks/

ConocoPhillips joins BP in Iraq as Baghdad seeks more U.S. energy investment: ConocoPhillips said on Friday it had agreed to acquire a 42 per cent stake in BP ...
bnnbloomberg.ca/business/company-news/2026/07/17/conocophillips-to-buy-42-stake-in-bp-unit-tied-to-iraqs-kirkuk-oilfields/

Taiwan computer chipmaker TSMC pledges another US$100 billion to expand U.S. chipmaking capacity
bnnbloomberg.ca/business/company-news/2026/07/16/taiwan-computer-chipmaker-tsmc-pledges-another-us100-billion-to-expand-us-chipmaking-capacity/

U.S. expands strikes into northern Iran and disables ship trying to run blockade: The United States intensified its strikes on Iran early Thursday ...
bnnbloomberg.ca/business/international/2026/07/16/us-expands-strikes-into-northern-iran-and-disables-ship-trying-to-run-blockade/

Key FactsUS Reimposes Naval Blockade Amid Gulf Tensions
5 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: handelsblatt.com
Summary created with AI assistance · Source: handelsblatt.com
- The US military attacked an Iranian submarine maintenance site using single-use drones to limit Iran's ability to target commercial shipping.
- President Trump announced the resumption of a naval blockade on Iranian ports, demanding a 20 percent levy on goods passing through the Strait of Hormuz.
- Several Gulf states reported missile attacks from Iran, while Yemen’s military shelled the Sanaa airport runway to block an Iranian plane’s landing.
- The conflict escalation caused oil prices to rise more than 3 percent, significantly impacting Asian stock markets.
We will keep the strait and likely control it— Trump in a Fox News interview
Ontario's wine industry adjusts as smoke discourages tourists: Some wineries and wine tourism companies in southern Ontario are making adjustments to their ...
bnnbloomberg.ca/business/2026/07/17/ontarios-wine-industry-adjusts-as-smoke-discourages-tourists/

‘No good way’ to build major projects without First Nations partnership, natural resource minister tells AFN
bnnbloomberg.ca/business/politics/2026/07/16/no-good-way-to-build-major-projects-without-first-nations-partnership-natural-resource-minister-tells-afn/
Canadian, U.S. markets down amid tech weakness and rising oil prices: Canada’s main stock index edged lower on weakness in the technology sector as falling AI ...
bnnbloomberg.ca/markets/2026/07/17/sptsx-composite-down-more-than-100-points-us-stock-markets-also-lower/

‘Immediately stop using’: Toaster oven recalled due to risk of electric shock: More than 13,600 units of the Panasonic Flashxpress Toaster Oven are being pulled ...
bnnbloomberg.ca/business/company-news/2026/07/17/immediately-stop-using-toaster-oven-recalled-due-to-risk-of-electric-shock/

Aecon consortium wins $815M Winnipeg sewage plant upgrade contract: A consortium led by Aecon Group Inc. has won an $815-million contract for a sewage plant ...
bnnbloomberg.ca/business/company-news/2026/07/17/aecon-consortium-wins-815m-winnipeg-sewage-plant-upgrade-contract/

Lilly enters psychedelic drug race with up to US$3.8 billion AtaiBeckley deal : Eli Lilly will buy AtaiBeckley for up to US$3.8 billion, joining a race to ...
bnnbloomberg.ca/business/company-news/2026/07/16/lilly-enters-psychedelic-drug-race-with-up-to-us38-billion-ataibeckley-deal/

Could tech selloff impact the Greenback?: Karl Schamotta, chief market strategist at Corpay, joins BNN Bloomberg to discuss the markets and discuss expectations ...
bnnbloomberg.ca/video/shows/the-open/2026/07/17/could-tech-selloff-impact-the-greenback/
Asian shares sink, with Tokyo down more than 5% as slumping AI stocks drag world markets lower
bnnbloomberg.ca/business/economics/2026/07/17/asian-shares-sink-with-tokyo-down-more-than-5-as-slumping-ai-stocks-drag-world-markets-lower/

‘Do not use’: Dollarama recalls popular kitchen item over ‘microbial contamination’
bnnbloomberg.ca/business/company-news/2026/07/16/do-not-use-dollarama-recalls-kitchen-product-due-to-risk-of-illness/

SpaceX Starship Launch Aborted on the Pad at the last moment: SpaceX’s mega Starship rocket came within a few seconds of blasting off on a test flight Thursday ...
bnnbloomberg.ca/business/company-news/2026/07/16/spacex-starship-launch-aborted-on-the-pad-at-the-last-moment/

‘Significant event’: Grain to be exported out of Manitoba’s Port of Churchill for first time since 2020
bnnbloomberg.ca/business/economics/2026/07/15/significant-event-grain-to-be-exported-out-of-manitobas-port-of-churchill-for-first-time-since-2020/

GE Aerospace sees repair demand holding up despite aviation fuel shock : GE Aerospace raised its 2026 profit forecast as demand for engine repairs and spare ...
bnnbloomberg.ca/business/company-news/2026/07/16/ge-aerospace-sees-repair-demand-holding-up-despite-aviation-fuel-shock/

Venture Studios AXL's plans to grow Canadian AI: Daniel Wigdor, co-founder and CEO of AXL, joins BNN Bloomberg to discuss data centres and Canada's ...
bnnbloomberg.ca/video/shows/the-close/2026/07/16/venture-studios-axls-plans-to-grow-canadian-ai/

Trump administration races the clock to rebuild tariff wall knocked down by U.S. Supreme Court
bnnbloomberg.ca/tariffs/2026/07/16/trump-administration-races-the-clock-to-rebuild-us-tariff-wall-knocked-down-by-supreme-court/

ICE detains Canadian woman after allegedly assaulting teen wearing Trump clothing
bnnbloomberg.ca/business/economics/2026/07/16/ice-detains-canadian-woman-after-allegedly-assaulting-teen-wearing-trump-clothing/

Does the market still have more wall to climb?: Talley Leger, chief market strategist at WCG, joins BNN Bloomberg to discuss the assess today's market ...
bnnbloomberg.ca/video/shows/the-open/2026/07/17/does-the-market-still-have-more-wall-to-climb/

Corus to centralize Calgary, Edmonton productions of Global News, some jobs to be cut
bnnbloomberg.ca/business/company-news/2026/07/16/corus-to-centralize-calgary-edmonton-productions-of-global-news-some-jobs-to-be-cut/

Hegseth rolling out a new program to screen U.S. troops for low testosterone: U.S. Defense Secretary Pete Hegseth says he is rolling out a new program to screen ...
bnnbloomberg.ca/video/economics/2026/07/16/hegseth-rolling-out-a-new-program-to-screen-us-troops-for-low-testosterone/

Key FactsMilitary Introduces Annual Testosterone Screening Program
3 hours ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: huffpost.com
Summary created with AI assistance · Source: huffpost.com
- Defense Secretary Pete Hegseth announced a new program mandating annual testosterone testing for service members aged 30 and above.
- Younger service members can voluntarily participate and may receive testosterone replacement therapy if medically advised.
- The initiative aims to restore and enhance natural physical capabilities rather than provide artificial enhancements.
- Medical experts caution that testosterone therapy carries health risks and does not reverse aging or guarantee improved fitness.
And to meet that commitment today, I’m authorizing a new screening program for testosterone deficiency for our service members, ensuring you have the right testosterone levels to operate at your absolute best.— Defense Secretary Pete Hegseth, in a video shared on social media accompanying the HuffPost article
Could track conditions and heat have led to a Quebec trail derailment?: The Transportation Safety Board of Canada (TSB) has flagged poor track conditions near ...
bnnbloomberg.ca/business/2026/07/16/could-track-conditions-and-heat-have-led-to-a-quebec-trail-derailment/
Netflix posts higher Q2 results but shares drop due to lukewarm forecast: Netflix said its second-quarter profit grew thanks to new membership signups and price ...
bnnbloomberg.ca/business/company-news/2026/07/16/netflix-posts-higher-q2-results-but-shares-drop-due-to-lukewarm-forecast/

This Toronto-area home was featured in a beloved TV series. It’s now up for sale: The rustic, Toronto-area home that was featured in the original production of ...
bnnbloomberg.ca/business/real-estate/2026/07/17/lorelai-and-rorys-house-in-gilmore-girls-hits-the-market-near-toronto-heres-for-how-much/

Cogeco falls after $1.8 billion Q3 loss: Theresa Shutt, chief investment officer at Harbourfront Wealth Management, joins BNN Bloomberg to provide a look at the ...
bnnbloomberg.ca/video/shows/the-close/2026/07/16/cogeco-falls-after-18-billion-q3-loss/

U.S. viewed less favourably than China by Canadians, new poll suggests: Canadians’ opinions of the United States have deteriorated while their perceptions of ...
bnnbloomberg.ca/business/international/2026/07/15/canadians-view-china-more-favourably-than-us-new-survey-finds/

Key FactsChina Surpasses US in Global Favorability Ratings
3 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: bbc.com
Summary created with AI assistance · Source: bbc.com
- The latest Pew Research Center poll marks the first time China is viewed more favorably than the US in a majority of surveyed countries.
- Confidence in both national leaders remains low, though Xi Jinping receives higher trust ratings than Donald Trump.
- China is perceived to interfere less in other nations’ affairs, while the US is seen as more respectful of personal freedoms.
- Positive opinions of China have grown especially in middle-income countries, contrasting with generally negative views in wealthier nations.
The volatility of US policy, including the use of force and the resulting economic harm, has put many on edge.— Dr. Chong Ja Ian, non-resident scholar with Carnegie China, said this about Pew's findings.
Trump media firm plans to sell high speed access to Truth Social posts, possibly Trump's own
bnnbloomberg.ca/business/international/2026/07/16/trump-media-firm-plans-to-sell-high-speed-access-to-truth-social-posts-possibly-trumps-own/

Martin Cobb’s Top Picks for July 16, 2026: Top Picks from Martin Cobb, Senior Vice President, Equities, Lorne Steinberg Wealth Management Inc.
bnnbloomberg.ca/markets/2026/07/16/martin-cobbs-top-picks-for-july-16-2026/
Opinion7 Stocks that actually play defence: Jon Erlichman: Most defensive stocks aren’t defensive anymore. The playbook that worked for decades has stopped working.
bnnbloomberg.ca/ticker-take/2026/07/17/7-stocks-that-actually-play-defence-jon-erlichman/

Fujitsu and leading Japanese robotics companies to use Nvidia technology in 'physical AI'
bnnbloomberg.ca/business/artificial-intelligence/2026/07/16/fujitsu-and-leading-japanese-robotics-companies-to-use-nvidia-technology-in-physical-ai/

‘Long road ahead’ in Canada’s housing market recovery: RBC report : Canada’s housing market took a “small step” toward recovery last month, according to a Royal ...
bnnbloomberg.ca/business/real-estate/2026/07/16/long-road-ahead-in-canadas-housing-market-recovery-rbc-report/

7 Stocks That Actually Play Defense: Most defensive stocks aren’t defensive anymore. The playbook that worked for decades has stopped working ...
bnnbloomberg.ca/video/ticker-take/2026/07/16/7-stocks-that-actually-play-defense/

‘It was a gut punch’: Extreme weather making it harder for Canadians to find insurance
bnnbloomberg.ca/business/2026/07/16/it-was-a-gut-punch-extreme-weather-making-it-harder-for-canadians-to-find-insurance/

CMHC reports annual rate of housing starts in June down 6% from May: Canada Mortgage and Housing Corp. says the annual pace of housing starts in June fell six ...
bnnbloomberg.ca/business/real-estate/2026/07/16/cmhc-reports-annual-rate-of-housing-starts-in-june-down-6-from-may/

Keyera tells Competition Tribunal $5.15B Plains purchase ‘pro-competitive’: The Competition Bureau’s challenge to Keyera Corp.’s purchase of Plains All American ...
bnnbloomberg.ca/business/2026/07/16/keyera-tells-competition-tribunal-515b-plains-purchase-pro-competitive/

CN Rail faces scrutiny over wildfire train cab incident: Ari Rosa, transportation equity research analyst at Citi Research, joins BNN Bloomberg to discuss CN ...
bnnbloomberg.ca/video/shows/commodities/2026/07/16/cn-rail-faces-scrutiny-over-wildfire-train-cab-incident/

Nova Scotia uncorks regulations for local alcohol producers: The Nova Scotia government has announced changes to the way local alcohol can be sold across the ...
bnnbloomberg.ca/business/economics/2026/07/15/nova-scotia-uncorks-regulations-for-local-alcohol-producers/

AI chatbots are at risk of spreading government restrictions on online speech, a new study says
bnnbloomberg.ca/business/artificial-intelligence/2026/07/16/ai-chatbots-may-spread-government-restrictions-on-online-speech-study/

It’s time to build resilient portfolios as market forecasts can no longer capture uncertainty: Aviva Investors CEO
bnnbloomberg.ca/business/2026/07/16/its-time-to-build-resilient-portfolios-as-market-forecasts-can-no-longer-capture-uncertainty-aviva-investors-ceo/

‘Quite a stressful few days ahead’: 180 wildfires rage on across Ontario: CTV News’ Scott Hurst has the latest on the wildfires in Ontario impacting close to 600 ...
bnnbloomberg.ca/video/economics/2026/07/16/quite-a-stressful-few-days-ahead-180-wildfires-rage-on-across-ontario/
Wall Street banks’ Q2 saw deal fees, trading windfall boost profit: Here are the key trends from second-quarter results at the biggest U.S. banks ...
bnnbloomberg.ca/business/2026/07/16/wall-st-banks-q2-saw-deal-fees-trading-windfall-boost-profit/

U.S. unveils $1 coin bearing Trump’s face: The U.S. Mint has begun producing a new $1 coin bearing U.S. President Donald Trump’s face to help celebrate America’s ...
bnnbloomberg.ca/business/international/2026/07/15/us-unveils-1-coin-bearing-trumps-face/

Key FactsU.S. Releases Trump Commemorative Coin for 250th
2 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: time.com
Summary created with AI assistance · Source: time.com
- The U.S. Mint will produce a $1 coin featuring President Donald Trump’s image.
- This coin celebrates America’s 250th anniversary and represents liberty and patriotism.
- The obverse displays Trump’s portrait alongside ‘In God we trust’ and the dates 1776-2026.
- The release has drawn criticism and legal questions over depicting a living person on currency.
"While monarchs put their faces on coins, America has never had and never will have a king," Cortez said in a statement at the time.— Catherine Cortez Masto, in a statement at the time
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Key FactsMeta Faces Lawsuit Over AI-Driven Layoffs
3 days ago · Reading time: ~45 sec.
Summary created with AI assistance · Source: independent.co.uk
Summary created with AI assistance · Source: independent.co.uk
- A group of 26 employees sued Meta, claiming AI systems unfairly targeted workers on medical or family leave in layoffs.
- Meta used AI tools combined with keystroke and activity monitoring to decide which of roughly 8,000 staff would be laid off.
- The lawsuit alleges the company failed to adjust for protected leave, violating several federal employment laws.
- Meta denies the claims, stating workforce decisions are made by humans rather than automated systems.
These claims lack merit and are not based on facts. Workforce management and organizational decisions were and are made by people, not AI.— Meta Platforms, Inc. said in a statement in response to the lawsuit filed in Oakland, California, that these claims lack merit and are not based on facts; workforce management and organizational decisions are made by people, not AI.