📉 1. TSX Futures Rise as U.S. Delays Decision on Israel‑Iran Conflict
Canada’s S&P/TSX futures edged up 0.2% after the U.S. postponed a decision on joining strikes in the Israel‑Iran conflict. Prime Minister Carney signaled Canada might raise counter‑tariffs on U.S. steel and aluminum if a broader trade deal isn’t reached within 30 days. Meanwhile, markets await April retail sales data to assess Canadian consumer resilience en.wikipedia.org
🇨🇦 2. Canada May Increase Tariffs on U.S. Metals
PM Carney announced Canada could ramp up counter‑tariffs on U.S. steel and aluminum if no trade agreement is reached by July 21. The government also plans new procurement policies favouring tariff‑free partners and will boost domestic usage in infrastructure projects reuters.com.
🌍 3. Central Banks Signal Caution Amid Global Uncertainty
Minutes from central banks—including the Bank of Canada—show officials growing uneasy about persistent inflation and economic uncertainty due to trade disruptions. The BoC is holding its main rate but remains data‑dependent, wary of future credit pressures reuters.com.
⚽ 4. Canada Coach Jesse Marsch Under CONCACAF Investigation
Canada men’s national soccer team coach Jesse Marsch is under investigation by CONCACAF for alleged use of offensive language and rule violations during a 6–0 Gold Cup match over Honduras. The CAN Soccer Association is also involved in the inquiry reuters.com.
🔥 5. Woodfibre LNG Project to Launch by 2028
At a Tokyo energy conference, Canada’s government confirmed the Woodfibre LNG project in BC aims to be operational by 2028. The project is Canada’s second major LNG export terminal—following Kitimat—and targets significant opportunities in Asia reuters.com
