Canada’s trade surplus with all countries widened to C$5.35 billion ($3.8 billion) in September, as higher energy and gold exports to the US appeared to offset the impact of new tariffs.

Prime Minister Mark Carney is facing growing pressure from business groups to allow more immigration to address Canada’s labor needs, but the prospect of welcoming more migrants carries political risk for him.

The Canadian economy is tracking 1.3% annualized growth between July and September, slowing down from a robust second quarter and coming in weaker than the Bank of Canada forecasted.

The Bank of Canada hiked interest rates to ward off upside inflation risks posed by higher energy prices, and said it would determine whether more increases are necessary one decision at a time.

Canadian Prime Minister Mark Carney said trade talks with the US have gained a bit of momentum, and suggested that any progress has been because the Trump administration has shown more flexibility.

Mark Carney said he’s concerned about the manipulation of SpaceX’s Starlink satellite system that has made it harder for Ukraine to defend itself, and suggested Elon Musk’s reported involvement shows why he’s focused on making Canada less dependent on any one country or technology.

Prime Minister Mark Carney says he’s disappointed to see the US suggesting that Canada has tried to interfere in its elections, and that his government has been very careful to not even be seen as engaging in such activities.

Canadian Prime Minister Mark Carney and Turkish President Recep Tayyip Erdogan plan to increase cooperation between their two countries with a focus on energy and defense, while negotiators will begin trade talks next month.

Canada’s federal government will unveil its spending plans on Nov. 5 as the country’s budget watchdog says new measures, including a major tax incentive for businesses, will cost more than an oil-driven revenue windfall brings in.

Bank of Canada surveys showed inflation expectations moving higher, and more evidence that firms plan to pass on higher input costs to customers.

Canada’s inflation rate ticked up to 3.1% in September as gasoline prices rose, while some gauges of underlying price pressures eased.

Anthropic PBC signed its first data-center lease in Canada, agreeing to buy capacity at a new project that’s worth more than C$10 billion ($7.1 billion) in the eastern province of Nova Scotia.

Most Canadians believe the federal government should be able to end a labor strike but are divided over how it should be done, as Prime Minister Mark Carney seeks to entrench a controversial power used by the labor minister to intervene in some disputes.

Employment in Canada fell by 68,300 last month, more than erasing previous job gains this year as the trade war with the US drags on.

Finance Minister François-Philippe Champagne says the federal government is mulling its options ahead of the expiry of Canada’s foreign homebuyers ban at the end of the year.

President Donald Trump’s trade war against Canada is allowing Prime Minister Mark Carney to press the gas pedal on an industrial agenda that would have been deeply divisive just a few years ago.

Canadian exports to the US rose sharply in August as importers appeared to rush to get ahead of new tariffs imposed by the Trump administration toward the end of the month.

Bank of Canada Deputy Governor Toni Gravelle said the central bank is trying to reduce strains in short-term funding markets by regularly increasing the size of its two-week repo operations.

The Canadian economy is tracking for weaker growth in the third quarter after roaring back to life between April and June.

Canadian retail spending is on track to rebound in August after consumers pulled back for the first time in seven months.