 Your new post is loading...
 Your new post is loading...
Le projet de loi C-278 propose qu’aucun député ne soit pas autorisé à changer de camp sans avoir d’abord siégé en tant qu’indépendant, puis s’être présenté et avoir remporté un siège sous la bannière du nouveau parti. M. Davies estime que l’approche du premier ministre Mark Carney, qui aurait été de s’assurer un gouvernement majoritaire grâce à des changements de camp, est antidémocratique et amène la population à remettre en question la légitimité des institutions démocratiques. « L’équilibre des pouvoirs au sein de cette Chambre n’a pas été modifié par les électeurs lors d’un scrutin, mais par des responsables politiques dans les coulisses, lors de conversations privées tenues à l’abri du regard du public », a-t-il déclaré.
The run-up to SpaceX's IPO, valuing the company at some $1.75 trillion, has something for everyone. Fans of SpaceX CEO Elon Musk will be captivated by the company's starstruck talk of human colonies on Mars while skeptics will note its $4.28 billion first-quarter loss and strategic challenges. Both sides can agree this company is Musk's baby, thanks to a dual-class share structure and a Texas incorporation that leaves outsiders with little say. The setup has renewed old debates about the merits of leaving insiders with outsized leverage over companies that raise money from public markets.
Shopify Inc. has approved an additional US$3-billion for a share buyback program, bringing its total repurchase authorization to US$5-billion. The Canadian e-commerce giant approved a first set of buybacks in February, after a period in which investors shed software stocks on concerns tied to artificial intelligence. Shopify’s share price was down 5.7 per cent at the close of trading Tuesday on the Toronto Stock Exchange, and down 26.7 per cent from the beginning of the year. “Today’s announcement shows our confidence in the durability of our business and the opportunity ahead,” Jeff Hoffmeister, Shopify’s chief financial officer, said in a release Tuesday.
The federal government’s new AI strategy will look to build trust in artificial intelligence, Artificial Intelligence Minister Evan Solomon said Tuesday, just days before he is expected to finally make the plan public. “It’ll be lots on trust, lots on empowering workers, lots on building Canada. You’ll see the details later this week,” Solomon told reporters. The long-awaited AI strategy is set to be released this week. Ottawa has previously said it will include new privacy and online safety laws. Solomon said trust is “absolutely vital” and upcoming legislation on online harms and privacy will be an important element in building that trust.
The European Union will develop minimum energy-efficiency standards for data centres, it said on Wednesday, as concerns grow over their rapidly rising power use. EU data centre capacity is expected to more than double in the coming years, reaching 28 gigawatts by 2030 from 12 GW last year. That expansion will lift their share of EU electricity consumption beyond the current 2.5%. The European Commission said it would develop minimum performance standards for both new and existing data centres, with a "needs assessment" due by 2027.
When NGO ShareAction warned investors not to re-elect Jamie Dimon as JPMorgan chairman at the bank’s AGM in May, it was drawing from a diminishing hand of cards to challenge boards. The non-profit stated the bank caused further climate hazards by removing limits to financing thermal coal and Arctic oil and gas. Shareholder resolutions are non-binding and have historically helped to flag up such environmental, social and governance risks to boards. But ESG investors fear that changes under the Trump Administration mean investors in future may need to rely on litigation, or on influencing the composition of individual boards in director votes like that of JPMorgan.In November 2025, financial regulator the Securities and Exchange Commission (SEC) gave boards much greater decision-making power over the exclusion of resolutions from AGMs, reversing decades of SEC arbitration. Then in December, Donald Trump issued an executive order instructing the SEC to review rules that govern shareholder resolutions and curb the influence of proxy advisors – research and advisory firms, such as Glass Lewis and ISS, that analyse resolutions and make recommendations on shareholders voting.
Greg Abel spent the past year trying to reassure investors that Berkshire Hathaway is still the willing and opportunistic dealmaker it had been under his predecessor, Warren Buffett. He said the right things, but a prolonged slump in the company’s stock showed that shareholders wanted action. In one weekend in late May, they got it. Abel, who succeeded Buffett as Berkshire’s chief executive officer in January, agreed over the weekend to pay $6.8 billion for the home builder Taylor Morrison Home while also in pursuit of a second multibillion-dollar transaction. On Monday, he delivered his encore: a $10 billion purchase of shares in Alphabet, Google’s parent company.
British electricals retailer Currys on Wednesday named the boss of its Nordics business, Fredrik Tønnesen, as its new group chief executive, succeeding Alex Baldock. Tønnesen, who will start his new role on August 3, has headed the Nordics division, accounting for about 40% of group revenue, since 2023. Baldock, CEO for eight years and the architect of Currys' turnaround, will leave the firm on August 31. He will join health and beauty retailer Boots in the autumn. Tønnesen started his career on the shop floor as a sales assistant and subsequently served as managing director for Norway and as Nordics chief operating officer.
Kering has appointed former Prada brand CEO Gianfranco D'Attis as chief executive of struggling British luxury house Alexander McQueen, the French group said on Monday. D'Attis will start on June 3, Kering said, as the British label grapples with a slump in sales, which have triggered a restructuring and layoffs. Job losses recently led to a strike at the group's Italian operations where McQueen is cutting almost a third of its roughly 180-strong workforce as it seeks to break even after revenue fell by around 60% over the past three years, unions have said. The brand also confirmed job cuts in its UK office last year.
The United Nations weather agency forecast on Tuesday a moderate or possibly a strong El Nino that could drive up global temperatures and increase the risk of extreme weather over the coming months. El Nino is a periodic warming of sea surface temperatures in the central and eastern Pacific Ocean, which typically lasts between nine and 12 months, according to the World Meteorological Organization. The WMO said warm ocean waters were driving El Nino’s development and predicted above-average temperatures in most parts of the world from June to August. The WMO said it is likely El Nino will continue until November. It also said it remained uncertain how strong El Nino will be as models differ on its severity, but officials warned of the need to be ready. “We need to prepare for a potentially strong El Nino event - which will exacerbate drought and heavy rainfall and increase the risk of heatwaves both on land and in the ocean," said WMO Secretary-General Celeste Saulo.
West Pharmaceutical said on Monday it appointed former Thermo Fisher Scientific executive Michel Lagarde as its top boss, effective August 31, succeeding longtime chief Eric Green. Green, who has led the medical equipment maker since 2015 and became board chair in 2022, had said in March he would step down once a successor was found. Lagarde most recently served as chief operating officer at Thermo, with responsibility for the majority of the company's businesses. He joined Thermo Fisher in 2017 through its acquisition of Patheon, where he had served as president and chief operating officer. Lagarde will also join West Pharma's board, while lead independent director Robert Friel will become board chair as part of the transition. "We think Michel Lagarde checks all of the boxes in terms of qualifications that WST was looking for in a new leader with flying colors," Evercore ISI analyst Daniel Markowitz said. West Pharma said last month it had restored operations across its sites after a cybersecurity attack and expects the incident to have no material impact on its 2026 financial outlook.
Statistique Canada a indiqué vendredi que le produit intérieur brut (PIB) réel avait reculé en rythme annualisé pour un deuxième trimestre consécutif en début d’année, ce qui correspond à certaines définitions d’une récession technique. De nombreux économistes ont rejeté le terme de « récession » pour décrire la situation économique, arguant que le récent ralentissement n’a ni la profondeur ni l’ampleur nécessaires pour répondre à cette définition. Mais M. Poilievre a affirmé aux journalistes sur la colline du Parlement que ce ralentissement n’a rien de technique. Il a cité des statistiques sur la hausse des taux d’insolvabilité et le recours aux banques alimentaires pour démontrer que les Canadiens sont plus mal servis après un an de gouvernement Carney.
Federal Agriculture Minister Heath MacDonald says Benoit Basillais has been reappointed as CEO of the Canadian Dairy Commission. Basillais will serve an additional three-year term effective July 4. Basillais was appointed CEO of the commission in 2022, replacing Serge Riendeau. MacDonald says Basillais’ contributions have helped to ensure a stable, co-ordinated and responsive dairy industry. Basillais began his career with the Canadian Dairy Commission as an economist in 2003 and has held various leadership positions in the organization. The Canadian Dairy Commission is a Crown corporation that oversees Canada’s dairy supply management system.
|
U.S. President Donald Trump acknowledged having called Israeli Prime Minister Benjamin Netanyahu crazy in an expletive-filled phone exchange over fighting in Lebanon, while the U.S. was trying to negotiate an end to hostilities with Iran. In an interview broadcast Wednesday, Trump was asked whether he had called the longtime Israeli leader "effing crazy" and accused him of ingratitude, paraphrasing a report by Axios. "I did," Trump told the "Pod Force One" podcast. "I wouldn't say angry. I was a little bit perturbed at his constantly fighting with Lebanon, you know." Trump went on to say he and Netanyahu get along very well. According to the Axios report, which cited an unidentified U.S. official, Trump said to Netanyahu in a call on Monday: "You're fucking crazy. You'd be in prison if it weren't for me. I'm saving your ass. Everybody hates you now. Everybody hates Israel because of this."
The Israeli military said it had intercepted rockets fired by Hezbollah into Israel on Wednesday, while Lebanese security sources said an Israeli strike hit a car near Beirut, testing a U.S.-mediated deal that aims to get the sides to curb attacks. Iran-backed Hezbollah said in a statement it had fired a rocket salvo at an Israeli troop position in northern Israel, the first time it had announced a cross-border missile attack since Monday. Lebanon has emerged as a focal point of the regional crisis this week, with the risk of further escalation looming over efforts to seal a deal between Iran and the United States. Tehran insists Israel halt Lebanon attacks under any agreement.
Unilever’s chief executive has defended his decision to combine the group’s food business with US spice and sauce maker McCormick, dismissing investor concern about “change fatigue” within the company. The Dove and Marmite maker’s share price has not recovered from the 7 per cent drop after the March announcement of the $66bn deal, with investor concerns about the new company’s debt level and further organisational upheaval at Unilever weighing on the stock. “People say, are you under the risk of [change] fatigue?” Fernando Fernández told a Deutsche Bank conference on Tuesday. “I’m not paid to be lazy. Our people are not paid to be lazy.”
Au total, près de 10 milliards de dollars seront envoyés au gouvernement québécois par le fédéral dans les 10 prochaines années. Les premiers ministres du Québec et du Canada, Christine Fréchette et Mark Carney, l’ont annoncé mardi, à Longueuil. Cette somme est issue de cinq enveloppes distinctes. Celles-ci couvrent les dossiers des transports en commun, des infrastructures liées au logement et à l’enseignement supérieur et de la santé. Ces sommes étaient déjà réservées par Ottawa, mais jamais envoyées au Québec, faute d’ententes. La province était en effet la dernière à ne pas s’être entendue avec Ottawa au sujet de ces transferts et les tractations s’étiraient depuis 2024 pour le volet des transports en commun, par exemple.
The United States is proposing a new 10-per-cent tariff on Canada and other trading partners in an attempt to rebuild the tariff wall that was struck down by the U.S. Supreme Court earlier this year. However, the proposed tariff appears to maintain an exemption for Canadian products that comply with the rules of the continental trade agreement – a carve-out that would significantly reduce the bite of the tariffs. Late Tuesday evening, the U.S. Trade Representative’s Office published a statement laying out tariffs of between 10 per cent and 12.5 per cent on 60 countries. The office said the tariffs are being imposed because of countries’ failure to curb imports of products made with forced labour – an allegation Canada and other U.S. trade partners have disputed.
Nestle will fully acquire the smart food brand yfood Labs from its founders, a statement said on Wednesday, the first acquisition for the world's largest packaged food company under new CEO Philipp Navratil, who took charge in September. Nestle had already acquired a 49% stake in the Munich-based yfood in 2023. The remaining shares held by the founders are expected to transfer to Nestle with effect from 3 July 2026. yfood produces ready-to-drink meals with the slogan "THIS IS FOOD" in Germany and Europe, as well as powders and food bars. Sales were approximately €150 million in 2025, representing double-digit year-on-year growth. yfood is preparing the brand’s expansion into new markets beyond Europe. The financial terms of the transaction will not be disclosed.
Target has come under fire from a group of labor-backed investors, including, SOC Investment Group, Trillium Asset Management, and Mercy Investment Services, which is urging shareholders to vote against the company’s current executive chair and former CEO, Brian Cornell, and lead independent director Christine Leahy, at Target’s Annual General Meeting on June 10. The letter to shareholders was filed in a notice of exempt solicitation. The activist investors believe Target for the last five years has suffered from strategic and operational missteps that have alienated core customers and caused significant financial loss, putting shareholders at risk. They’re pushing for a change in leadership to “re-establish good governance, and reinforce shareholder responsibility,” the group said.
The Trump administration has proposed a new punitive tariff of 25% on many imports from Brazil, after deciding its practices were unfair on a range of issues from digital trade to illegal deforestation, top trade official Jamieson Greer said late on Monday. The measures, under the Section 301 trade statute, cover areas such as electronic payment services, preferential tariffs, intellectual property protection and ethanol market access as well, the Office of the United States Trade Representative said. The proposed new tariff, subject to public consultation ahead of a July 15 deadline, would exclude some items, such as beef, coffee, rare earths, other metals, energy and aircraft parts.
Metro a annoncé mardi matin que M. La Flèche quittera ses fonctions à la fin de l’exercice 2026. M. Giroux lui succédera à partir du 27 septembre 2026. M. La Flèche conservera toutefois un rôle dans l’entreprise ; il sera nommé président du conseil d’administration « afin d’assurer une transition harmonieuse et ordonnée », a-t-on précisé. L’actuel président du C.A., Pierre Boivin, deviendra pour sa part vice-président du conseil et administrateur principal. Metro décrit M. Giroux comme un « leader éprouvé ayant une connaissance approfondie des opérations, de la culture et des priorités stratégiques de Metro ». « Sa profonde compréhension de notre industrie, son accent sur l’excellence opérationnelle, la discipline financière et la satisfaction de la clientèle font de lui le meilleur candidat pour continuer de livrer de la valeur à long terme pour nos clients, nos employés et nos actionnaires dans un environnement en constante évolution », a souligné M. Boivin par communiqué.
Russia launched hundreds of drones and dozens of missiles against Kyiv and other Ukrainian cities overnight, killing at least 18 civilians and wounding 131 others, authorities said Tuesday. Russian President Vladimir Putin has escalated Moscow’s aerial campaign in recent weeks in an apparent bid to take advantage of Ukraine’s shortage of U.S.-made air defence systems and persuade an increasingly pessimistic audience at home that Moscow is prevailing in the 4-year-old war. Emergency rescue crews digging through the wreckage of apartment buildings pulled out the bodies of a 3-year-old child as well as those of a woman and her 8-year-old son in the central Ukrainian city of Dnipro, officials said.
Quebec Premier Christine Fréchette and Alberta Premier Danielle Smith will meet in Quebec City this week, as both leaders prepare for campaigns that could strain national unity. Speaking in Montreal, Ms. Fréchette described the planned encounter as “an exploratory meeting” intended to identify economic sectors in which the two provinces can collaborate. She expressed interest in discussing a possible east-west “energy corridor” with her western counterpart. “With Alberta, it makes sense to see if there are any projects that could connect us,” she said Monday at an event hosted by the Chamber of Commerce of Metropolitan Montreal. The Quebec Premier’s office declined to provide any further details about the planned meeting.
Ce n’est pas faute de financement, explique Renaud Gignac, économiste et conseiller des Investisseurs pour l’Accord de Paris. « On ne se fait plus trop d’illusions sur la capacité des actionnaires de changer les choses », dit-il. Au cours des cinq dernières années, Investisseurs pour l’Accord de Paris a talonné les entreprises qui avaient pris des engagements climatiques, soumis des propositions dans les assemblées annuelles et publié des rapports, des démarches qui ont eu « une efficacité limitée », reconnaît son porte-parole. Le dernier rapport d’Investisseurs pour l’Accord de Paris est publié ce mardi, en même temps que s’ouvre à Montréal le Sommet sur la finance durable, qui en est à sa sixième édition. Intitulé À la traîne : risques financiers liés au climat et retard réglementaire, le rapport fait aussi le constat que les engagements volontaires pris par les entreprises ne donnent pas les résultats escomptés.
|