🏦 1. TSX Futures Hold Steady Ahead of U.S. Inflation Report
Canada’s S&P/TSX futures were essentially flat early Wednesday, as investors braced for U.S. inflation data and assessed recent U.S.–China trade developments—including a preliminary truce on rare-earth export restrictions. WSP Global also announced a £363 million acquisition of UK consulting firm Ricardo. reuters.com+2reuters.com+2reuters.com+2
✈️ 2. Canada Joins Global Call Against U.S. Plane Tariffs
Canada, alongside the EU, China, Japan, and Mexico, urged the U.S. to avoid imposing new “national-security” tariffs on aircraft and parts. Airlines argue the tariffs would destabilize a trade relationship that has benefited the U.S. aerospace sector by $75 billion annually. reuters.com
🏬 3. Dollarama Beats Sales Forecasts as Consumers Hunt Deals
Dollarama posted stronger-than-expected Q1 results: net sales rose to C$1.52 billion (+4.9% same-store growth), and EPS reached C$0.98 (beating forecasts of C$0.84). The dollar-store chain continues to benefit from rising demand amid economic uncertainty. reuters.com
🏊♀️ 4. Summer McIntosh Nears World Record at National Trials
Swimming sensation Summer McIntosh posted the second-fastest women’s 200m butterfly time ever (2:02.26) at the Canadian trials, just 0.45 seconds off the world record from the “super-suit” era. She also holds two other world marks set earlier this meet. reuters.com
✈️ 5. Cost of F‑35 Fleet Soars, Watchdog Warns
A new Auditor‑General report reveals that Canada’s planned acquisition of 88 F‑35 fighter jets may now cost C$27.7–33.2 billion—up 45% from initial forecasts—due to rising facility expenses, FX, and ongoing pilot shortages. reuters.com
