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July 15

At Pittsburgh summit, Trump turns AI evangelist in push for U.S. tech and energy dominance
David Shribman
‘Big relief’: Evacuation alerts lifted on multiple B.C. wildfires
A wildfire, seen in this handout photo, burning near Keremeos, B.C., on Friday, July 11, 2025, THE CANADIAN PRESS/Handout — BC Wildfire Service (Mandatory Credit)
The pressure lifted, McIlroy can ease into back nine of his career
Cathal Kelly
Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation
WASHINGTON, DC - JULY 15: U.S. President Donald Trump walks on the South Lawn of the White House after returning on Marine One on July 15, 2025 in Washington, DC. Trump spent the afternoon visiting Pittsburgh, where he attended the inaugural Pennsylvania Energy and Innovation Summit at Carnegie Mellon University. (Photo by Anna Moneymaker/Getty Images)
Poilievre adviser Jenni Byrne staying on, Conservatives confirm amid speculation of ouster
Chief of staff to former Conservative prime minister Stephen Harper, Jenni Byrne waits to appear before the Procedure and House Affairs committee meeting Thursday, May 11, 2023 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
McDonald’s Canada announces Annemarie Swijtink as new CEO, taking effect in September
The McDonald's logo is seen on a restaurant Tuesday March 30, 2021 in Ottawa. THE CANADIAN PRESS/Adrian Wyld
RCMP arrest alleged hijacker at Vancouver airport after airspace shut down
A worker moves luggage trolleys outside Vancouver International Airport in Richmond, B.C., on Thursday, Dec. 31, 2020. THE CANADIAN PRESS/Darryl Dyck
U.S. military to remove 2,000 National Guard troops from Los Angeles
California National Guard troops at the Federal Building in downtown Los Angeles on June 10.
Contingency plans unclear for 2026 World Cup wildfire smoke risks
Mosaic Stadium before CFL football action between the Saskatchewan Roughriders and the Calgary Stampeders in Regina, on Friday, July 11, 2025. The game was delayed due to poor air quality. THE CANADIAN PRESS/Heywood Yu
Emmy nominations 2025: Surprises and snubs in a big year for Canadian talent
Kelly Nestruck
Alia Hogben was a powerful advocate for Muslim women, in Canada and abroad
Alia Hogben, spring of 2022 when she received an honorary degree from Victoria University in the University of Toronto. Photo credit: Victoria University
Trump downplays possibility of sending Ukraine long-range weapons as it struggles to repel Russia
President Donald Trump speaks at the "Inaugural Pennsylvania Energy and Innovation Event" at Carnegie Mellon University, Tuesday, July 15, 2025, in Pittsburgh. (AP Photo/Evan Vucci)
Calgary police officer charged with two counts of murder in 2023 shooting
A Calgary police officer was charged for two counts of murder after allegedly shooting and killing two men during a 'slow speed pursuit.'
‘Crypto week’ legislation in U.S. Congress cast into doubt, some stocks fall
FILE PHOTO: A representation of the cryptocurrency is seen in front of Coinbase logo in this illustration taken, March 4, 2022. REUTERS/Dado Ruvic/Illustration/File Photo
Joaquin Phoenix and Pedro Pascal face off in fiery, haunting pandemic satire Eddington
Barry Hertz
More frequent trains, expanded storage touted at Port of Churchill in northern Manitoba
The Port of Churchill in Churchill, Manitoba is shown on Wednesday, July 4, 2018. THE CANADIAN PRESS/John Woods
Owning utilities makes for a well-managed income portfolio – and this one is my favourite
Gordon Pape
Roman-era mosaic panel with erotic theme that was stolen during Second World War returns to Pompeii
Restorers set on display a Roman mosaic depicting a pair of lovers, which was repatriated from Germany, in Pompeii archaeological park, Italy, Tuesday, July 15, 2025. (AP Photo/Gregorio Borgia)
Trump joins tech, energy executives for summit as administration pushes AI expansion
U.S. President Donald Trump attends the Pennsylvania Energy and Innovation Summit, at Carnegie Mellon University in Pittsburgh, Pennsylvania, U.S., July 15, 2025. REUTERS/Nathan Howard
Cull order on B.C. ostriches a ‘one-size-fits-all’ approach, federal appeal court hears
Ostriches at Universal Ostrich Farms in Edgewood, a remote community in B.C., on June 6. After an outbreak late last year, the Canadian Food Inspection Agency said nearly 400 surviving ostriches would be killed.
Hard line? Soft line? There may be no way of dealing with Trump that works
Andrew Coyne
UN says malnutrition in Gaza doubled as health officials say Israeli strikes kill more than 90 people
Palestinian mother Israa Abu Haleeb looks after her five-month-old daughter, Zainab, who medics diagnosed with malnutrition, at Nasser hospital in Khan Younis, in the southern Gaza Strip on Tuesday.
Buyers walk away from presale purchases in Vancouver’s hurting condo market
Kerry Gold
We must protect supply management from the trade war
Canada’s herds are small, with the average farm managing about 150 cows and the largest boasting a few thousand head.
Thames Water faces ire of U.K. parliamentary committee as restructuring efforts flounder
Thames Water serves around 16 million customers in southeast England, and is currently grappling with financial losses and public outrage.
Nine high-flying Canadian stocks with strong momentum
For Number Cruncher column in Globe Investor/ROB only.
Ottawa’s approach to TikTok is an incoherent failure
FILE PHOTO: A TikTok logo is displayed on a smartphone in this illustration taken January 6, 2020. REUTERS/Dado Ruvic/Illustration/File Photo
New Brunswick declares measles outbreak in south-central region
A dose of the measles, mumps, and rubella (MMR) vaccination awaits the next patient during a vaccine clinic at Southwestern Public Health in St. Thomas, Ont., on Tuesday, March 4, 2025.THE CANADIAN PRESS/ Geoff Robins
Corey Conners leads Canadian players into British Open at Royal Portrush
Corey Conners of Canada plays off the 14th tee during a practice round for the British Open golf championship at the Royal Portrush Golf Club, Northern Ireland, Tuesday, July 15, 2025. (AP Photo/Peter Morrison)
Legal fight over contentious Hudson’s Bay lease deal adjourned
B.C. billionaire Weihong (Ruby) Liu has already taken over three store leases in malls owned by Central Walk, the real estate investment company she chairs. She is looking to take over 25 more leases.
Hockey’s beloved emergency backup goalies face an uncertain future with new NHL rule
FILE - Carolina Hurricanes emergency backup goalie Jorge Alves makes his NHL debut during the third period of the team's NHL hockey game against the Tampa Bay Lightning on Dec. 31, 2016, in Tampa, Fla. (AP Photo/Mike Carlson, file)
Investors seek protection from risk of U.S. Fed Chair Jerome Powell’s ouster
FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee at the time to lead the U.S. Federal Reserve, moves to the podium at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria/File Photo
U.S. ambassador asks Israel to investigate death of U.S. citizen in West Bank
FILE PHOTO: U.S. Ambassador to Israel, Mike Huckabee, takes part in a tour at MDA - Israel's National Emergency Pre-Hospital Medical and Blood Services Organization Headquarters in Ramla, Israel June 29, 2025 REUTERS/Amir Cohen/File Photo
I thought business travel as a widowed parent would be hard – but now I take my kids with me
Toronto market for new condos continues to crater as sales drop, developers cancel projects
Pedestrians walk a plot of land advertised by M2M for condo development in Toronto on July 15, 2025. (Sammy Kogan/The Globe and Mail)
With Epstein conspiracy theories, Trump faces a crisis of his own making
Attorney General Pam Bondi, left, listens as President Donald Trump, right, speaks during a cabinet meeting at the White House, Tuesday, July 8, 2025, in Washington. (AP Photo/Evan Vucci)
Steel producers warn of dire consequences of 50% tariff if broader U.S. trade deal isn’t reached
HAMILTON, CANADA - JUNE 9: Steel coils are seen in a yard at ArcelorMittal Dofasco's steel mill on June 9, 2025 in Hamilton, Canada. President Donald Trump announced plans to double tariffs on steel and aluminum imports from 25% to 50%, affecting top steel partners, including Canada, Brazil, and Mexico. (Photo by Cole Burston/Getty Images)
Roblox launches IP licensing platform, partners with Netflix, Lionsgate
Roblox launched a licensing feature on its videogame platform on Tuesday, signing partnerships with companies like Netflix to allow developers to use characters from the streaming giant’s popular shows in their games.
Applications for first World Cup ticket draw will open Sept. 10, FIFA says
A mural featuring FIFA World Cup 2026 in Mexico City. The tournament will be played in Mexico, the United States and Canada from June 11 to July 19, 2026.
Apple signs $500-million rare earth magnet deal with MP Materials to bring supply home
A view of the Pentagon-backed MP Materials rare earth open-pit mine in Mountain Pass, California in 2020. Apple signed a US$500-million deal with MP Materials for a supply of rare earth magnets, in part of a broader push by Apple to bring iPhone production to the U.S.
Most financial advisers don’t have a succession plan for themselves, and that’s a risk to you
Republicans consider changes to Trump’s request for $9.4-billion in spending cuts
Sen. Majority Leader John Thune, R-S.D., talks after a policy luncheon on Wednesday, July 9, 2025, at the Capitol in Washington. (AP Photo/Mariam Zuhaib)
See the list of key Emmy nominations
Jason Isaacs, left, and Parker Posey in a scene from HBO's The White Lotus, which is nominated for best drama series.
Renault names Duncan Minto interim CEO, lowers 2025 forecast
Renault named Duncan Minto interim CEO on Tuesday, and said it will step up cost cutting measures to achieve a full year operating margin of 6.5 per cent compared with more than seven per cent previously announced.
What childhood is like for two brothers near the front lines of the Ukraine-Russia war
Brothers Andrii, 8, and Maksym Tupkalenko, 6, two of the last children left in their frontline village, pose for a photo with toy guns, their favorite toys, in Kalynove, Kharkiv region, Ukraine, April 11, 2025. Instead of scampering across playgrounds, the brothers climb through abandoned trenches and charred shells of armoured vehicles that sit on the outskirts of the village, playing soldiers and setting up make-believe checkpoints to vet fellow villagers. "They're kids afflicted by war," said their mother Varvara Tupkalenko, 30. REUTERS/Violeta Santos Moura TPX IMAGES OF THE DAY
Porter signs sale-leaseback deal for four Embraer jets with Fortress and GOAL
A Porter plane taxi's at the airport in Ottawa, Sunday, Mar 30, 2025. THE CANADIAN PRESS/Adrian Wyld
Donald Trump’s fresh Fed attack simmers in markets
Federal Reserve Chair Jerome Powell asked the U.S. central bank’s inspector general on Monday to review the costs involved in the headquarter renovations in Washington, as Trump administration officials intensify their criticism of how the Fed is being run.
China sees slight uptick in global popularity while views of the U.S. sour, survey finds
Respondents in a majority of countries surveyed said they regarded China as the world’s top economy, or joint-top with the U.S.
Severance leads with 27 nominations, The Studio tops comedies with 23 as AppleTV+ dominates
Adam Scott, left, and Britt Lower in a scene from Severance on Apple TV+.
Nine First Nations in Ontario launch constitutional challenge against Bill 5 and Bill C-5
Demonstrators protest the federal government’s Bill C-5 on Parliament Hill, June 17. Bill 5 and Bill C-5 would allow governments to skip legislated processes that currently involve First Nations consultations.
BofA says ‘toppy’ investor sentiment to spark stocks rotation, not retreat
Cash levels fell to 3.9 per cent in July, triggering in-house “sell signal” from strategists, but fund managers’ overweight positioning in stocks not at extreme levels and market volatility remains low, Bank of America survey shows
Carney changes messaging, says chances are low for tariff-free trade deal with U.S.
Prime Minister Mark Carney speaks with reporters yesterday in Ottawa.
Canadian inflation ticks up to 1.9% in June, boosting expectations of no BoC rate cut in July
The elimination of the consumer carbon price is expected to keep the headline inflation figure lower over the next 10 months, making core measures of inflation particularly important for gauging price pressures in the economy.
World’s oldest marathon runner, Fauja Singh, dies at 114 in hit-and-run
FILE - Centenarian marathon runner Fauja Singh, center, smiles after finishing a 10-kilometer race, held as part of the annual Hong Kong Marathon, in Hong Kong, Feb. 24, 2013. (AP Photo/Vincent Yu, file)
Comedian and former SCTV star Dave Thomas walks into the Russia-Ukraine war: ‘There’s nothing funny about it’
Comedian Dave Thomas pictured in this undated photo. After a brush with death, comedian Dave Thomas finds new purpose on front lines of Ukraine. THE CANADIAN PRESS/HO Dave Thomas **MANDATORY CREDIT**
Binding regime for investment disputes inches closer to reality
Office towers are shown in the Bay Street financial district in Toronto on Friday, Aug. 5, 2022. THE CANADIAN PRESS/Nathan Denette
‘I often see people use their bonus as a get-out-of-jail free card’
‘Lumpy earnings’ refers to meaningful compensation that doesn’t come regularly, such as bonuses or commission.
B.C. Insider: Lapu-Lapu attack inquiry makes recommendations
Members of the Vancouver Police forensics team examine the scene where a vehicle drove into a crowd at a Lapu Lapu Day street festival Saturday evening in Vancouver, B.C., Sunday, April 27, 2025. THE CANADIAN PRESS/Sean Kilpatrick
Jays’ Guerrero Jr. to start at first base, bat fifth for American League at all-star game
Toronto Blue Jays first baseman Vladimir Guerrero Jr. gets ready in the dugout before a baseball game against the Athletics Saturday, July 12, 2025, in West Sacramento, Calif. (AP Photo/Sara Nevis)
Several provinces still under air quality advisories from wildfire smoke
A city view of Toronto on Monday July 14, 2025. An air quality warning has been issued for Toronto, as forest fire smoke pushes levels to "high risk." THE CANADIAN PRESS/Chris Young
European countries open to buying U.S. arms for Ukraine, but need details
Speaking alongside U.S. President Donald Trump on Monday, NATO chief Mark Rutte said that several countries, including Canada, want to be part of the new initiative.
CREA cuts 2025 forecast again but says home sales are rebounding from ‘chaotic start’
The Toronto Regional Real Estate Board says 6,244 homes were sold in May, down 13.3 per cent year-over-year. A west-end Toronto home for sale is shown in a July 15, 2023 file photo. THE CANADIAN PRESS/Graeme Roy
Wildfire smoke challenges Canada’s food growers in complex and unexpected ways
Smoke from wildfires burning in the area fills the air as a woman harvests a field of hay on a farm west of Vanderhoof, B.C., on Thursday, August 16, 2018. THE CANADIAN PRESS/Darryl Dyck
Manufacturers report less tariff impact in May compared with April: Statscan
Canadian and American flags fly near the Ambassador Bridge at the Canada/USA border crossing in Windsor, Ont. on Saturday, March 21, 2020. THE CANADIAN PRESS/Rob Gurdebeke
Rogers launches direct-to-mobile satellite service for remote areas
Rogers Communications Inc. says it has signed multi-year deals with NBCUniversal and Warner Bros. Discovery for their popular lifestyle and entertainment brands in Canada. Telecommunications company Rogers Communications signage is pictured in Ottawa on Tuesday, July 12, 2022. THE CANADIAN PRESS/Sean Kilpatrick
Google inks $3-billion U.S. hydropower deal with Brookfield in largest clean energy agreement of its kind
FILE PHOTO: A Google logo is seen at a company research facility in Mountain View, California, U.S., May 13, 2025. REUTERS/Carlos Barria/File Photo
Must my employer tell us if they want to monitor badge scans to take attendance for in-office days?
Businessman holding blank card.
‘The door is now firmly slammed shut on a July BoC rate cut’: Markets and economists react to inflation data
Bank of Canada Governor Tiff Macklem is seen during a news conference, in Ottawa, Wednesday, June 4, 2025. THE CANADIAN PRESS/Adrian Wyld
Israel strikes Syrian city, vows to protect Druze from government forces
Smoke rises while Syrian security forces sit in the back of a truck as Syrian troops entered the predominantly Druze city of Sweida on Tuesday following two days of clashes, in Sweida, Syria July 15, 2025. REUTERS/Karam al-Masri
Zohran Mamdani shows that centrism isn’t the only path for electoral success on the left
Debra Thompson
Why women’s reluctance to embrace AI could be a career killer
The World Economic Forum found that only 22 per cent of AI professionals are women, even though their jobs are more likely to be disrupted than men’s jobs.
Donald Trump wants the Nobel Peace Prize, but what are his chances?
During his recent visit to Washington, Israeli President Benjamin Netanyahu presented U.S. President Donald Trump with a letter of nomination for the Nobel peace prize.
Consumer finances are healthy despite Trump’s tariffs, large U.S. banks say
A pedestrian walks past the New York Stock Exchange in New York City, Thursday, Oct. 27, 2022. Stocks ended mixed on Wall Street as weakness in several tech companies offset gains. (AP Photo/J. David Ake)
2 dead in New Jersey after floodwaters carry away vehicle during heavy rains that hit Northeast
A screengrab obtained from social media video shows a flooded subway station in New York on Monday.
Top picks in natural gas as sector momentum builds
FILE PHOTO: The liquefied natural gas (LNG) tanker Gaslog Glasgow berths at the Shell-led LNG Canada's facility in Kitimat, British Columbia, Canada June 28, 2025. LNG Canada/Handout via REUTERS NO RESALES. NO ARCHIVES. THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY/File Photo
Tuesday’s Insider Report: VP buys this consumer stock trading near a record high
Tuesday’s analyst upgrades and downgrades
RioCan signage is shown at a strip mall in Mississauga, Ont., Saturday, Oct.24, 2020. THE CANADIAN PRESS/Richard Buchan
Nanaimo, B.C., considers building fence at City Hall to protect staff from overdose prevention site
A man on his cell phone walks down the stairs at City Hall in Nanaimo, B.C., Tuesday, October 16, 2018. Chad Hipolito/The Globe and Mail
U.S. Federal Reserve’s inflation fears start to be realized with June CPI increase
NEW YORK, NEW YORK - FEBRUARY 14: Traders work on the floor of the New York Stock Exchange (NYSE) on February 14, 2023 in New York City. The Dow was down in morning trading following news that the January consumer price index (CPI) report showed that inflation grew at a 6.4% annual rate. (Photo by Spencer Platt/Getty Images)
Business Brief: Bitcoin’s very big week
Donald Trump addresses a crypto conference in Nashville last July. (He's for it.)
Medical tourism is booming as Canadians look to combine cheaper procedures with their vacations
About 432,000 Canadians, faced with rising treatment costs at home, are expected to seek medical care abroad this year, according to the Medical Tourism Association.
Why investors can’t get enough of grocery-anchored retail
A Safeway redevelopment at the Commercial-Broadway SkyTrain transit station in Vancouver features three towers and an expanded Safeway supermarket that anchors a new retail plaza.
EU seeks updates from Israel on deal to increase Gaza aid
European Union foreign policy chief Kaja Kallas, center, talks with Poland's Foreign Minister Radoslaw Sikorski, left, and Luxembourg's Foreign Minister Xavier Bettel, right, during the EU foreign ministers meeting at the EU Council building in Brussels, Tuesday, July 15, 2025. (AP Photo/Geert Vanden Wijngaert)
U.S. says Nvidia’s resumption of AI chips to China is part of rare earths talks 
President and CEO of Nvidia Corporation Jensen Huang delivers a speech during the Computex 2025 exhibition in Taipei, Taiwan in May. Nvidia’s AI chips have been a key focus of U.S. export controls designed to keep the most advanced chips out of Chinese hands.
Let’s focus on the right fix for immigration
Conservative Leader Pierre Poilievre in Ottawa on Monday.
Russia does not care about Trump’s ‘theatrical ultimatum,’ senior official says
FILE PHOTO: U.S. President Donald Trump and Russia's President Vladimir Putin are seen during the G20 leaders summit in Buenos Aires, Argentina November 30, 2018. REUTERS/Marcos Brindicci/File Photo
Morning Update: Trump softens on Ukraine
President Donald Trump, right, meets with NATO Secretary General Mark Rutte in the Oval Office of the White House, Monday, July 14, 2025, in Washington. (AP Photo/Evan Vucci)
The market is in denial. Trump wants higher tariffs, and he’s getting them
Tony Keller
Nasdaq posts latest record close on Nvidia news
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 14, 2025. REUTERS/Jeenah Moon
Before the Bell: What every Canadian investor needs to know today
A trader works on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., July 14, 2025. REUTERS/Jeenah Moon
Canadians prefer more debt over higher taxes to finance increased military spending, poll finds
Prime Minister Mark Carney with troops of the 4th Canadian Division at Fort York Armoury, on June 9. Canada has launched the largest increase in military spending in more than 70 years.
Why you may not need to use premium gas in the summer – or ever
The price of gas one day in late June at a Shell station in Cobourg, Ont. shows a difference of more than 50 cents between regular and premium.
Canadian soldiers charged in anti-government militia plot
Podcast
Podcast logo for The Decibel, the daily show from The Globe and Mail.
‘A real test of government intentions: increasing the GST, raising the age for retirement benefits and privatizing Canada Post.’ Letters to the editor for July 15
The C.D. Howe Institute says planned increases to defence spending and election promises will fuel annual federal budget deficits averaging more than $77-billion a year.
How advisors are preparing clients in tariff-affected sectors
Three combine augers pour a bounty of grain into a truck hopper during a warm Saskatchewan harvest. The sky is a beautiful blue, littered with white fluffy clouds. The kernels of grain are flying out of the auger, and the harvested field is seen in the background.
How a pension dashboard could improve financial knowledge around retirement
A pension dashboard that shows all a client's assets may make retirement withdrawing decisions easier.
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