tradingkey.logo

PRESS DIGEST-Canada - May 2

ReutersMay 2, 2025 12:09 PM

- The following are the top stories from a selected Canadian newspaper. Reuters has not verified these stories and does not vouch for their accuracy.

THE GLOBE AND MAIL

-Canadian-made auto parts exported to the United States, which were previously expected to be hit with steep levies this week, will now have a two-year reprieve under revisions to U.S. President Donald Trump's tariff plans that were announced this week.

-Stellantis NV's STLAM.MI auto assembly plant in Windsor, Ontario, will close for a week beginning on May 5, putting 3,800 workers on temporary layoff, according to union and company officials.

- The heads of 38 Canadian energy companies have written to Canadian Prime Minister Mark Carney, laying out their asks for the sector days after the Liberal Party clinched a fourth term.

-One of Canada's oldest family-owned grain companies, Parrish & Heimbecker, has bought an export terminal in the Port of Quebec with plans to expand market access to Europe and the Middle East.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI