Thursday, July 16, 2026

Canadian Exporters Fear Bank Rate Cut

From Bloomberg/The Star The head of Canada’s largest exporters association has a message for Bank of Canada Governor Stephen Poloz: don’t do us any favours. Speculation Poloz will cut interest rates again as early as Wednesday is fuelling the Canadian dollar’s precipitous fall and may be doing more harm than good, says Jayson Myers, chief executive of Canadian Manufacturers & Exporters. Exchange rate

Republican Hopefuls Strengthen Stance Against Cap and Trade

From the Wall Street Journal Shortly after a conservative website last Wednesday posted 2008 footage of Sen. Marco Rubio backing a cap-and-trade program to combat climate change, his campaign roared back with a counterattack that included an entire web page aimed at debunking the video. Mr. Rubio’s muscular response revealed how toxic the issue of climate change has become in the

Canada’s Second Largest Pension Fund to Make Direct Investments in India

From the Business Standard Caisse de dépôt et placement du Québec (CDPQ), the second largest pension fund in Canada after Canada Pension Plan Investment Board (CPPIB), is looking to open an office in India to invest here directly, said an executive aware of the fund manager’s plans. CDPD, which manages $240 billion of depositors’ money, has already hired some executives and is

Amazon Expanding Logistics Reach to Ocean Shipping

Evolving the business model finds cost reductions, new growth path From Newsmax/Reuters Amazon.com Inc‘s China arm has registered as an ocean freight forwarder, according to the U.S. Federal Maritime Commission, a move that will give it more control over shipping products from Chinese factories to U.S. shoppers. The registration is the latest indication that Amazon plans to expand its logistics reach to