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August 8

Trump says he will meet with Putin in Alaska next week to discuss war in Ukraine
Ukrainian servicemen of the 148th artillery brigade load ammunition into a M777 howitzer before firing towards Russian positions at the frontline in Zaporizhzhia region, Ukraine, on Thursday, Aug. 7, 2025. (AP Photo/Evgeniy Maloletka)
B.C. health authority cuts dozens of jobs after quiet government directive to balance budget
B.C. Health Minister Josie Osborne in Burnaby, B.C., in June. Documents reveal that Minister Osborne directed the province’s health authority to rein in spending this fiscal year.
B.C. businesses call U.S. decision to double Canadian softwood duties harmful to both countries
Lumber awaiting shipment is seen stacked at the Gorman Brothers Lumber sawmill, in West Kelowna, B.C., Tuesday, Aug. 5, 2025. THE CANADIAN PRESS/Darryl Dyck
Trump announces peace deal between Azerbaijan and Armenia, bringing end to decades long conflict
WASHINGTON, DC - AUGUST 08: U.S. President Donald Trump (C) joins hands with Azerbaijani President Ilham Aliyev (L) and Armenian Prime Minister Nikol Pashinyan (R) during a signing ceremony in the State Dining Room of the White House on August 8, 2025 in Washington, DC. Trump brought the two leaders together in an initial attempt to end the conflict between Armenia and Azerbaijan that has lasted for decades. (Photo by Andrew Harnik/Getty Images)
Apollo 13 moon mission leader James Lovell dies at 97
FILE - In this photo provided by NASA, astronaut James Lovell, Apollo 13 commander poses for a portrait in his space suit, Feb. 16, 1970. (AP Photo/NASA, File)
Alberta government appeals temporary injunction of transgender health care law
Alberta Premier Danielle Smith and Minister of Justice Mickey Amery announce proposed changes to several pieces of democratic process legislation, in Edmonton on Tuesday, April 29, 2025. THE CANADIAN PRESS/Jason Franson
Tennis world hails Victoria Mboko’s meteoric rise
Amid a flurry of post-victory photos, Victoria Mboko poses with a Canadian flag and the trophy at the umpire's chair following her National Bank Open win in Montreal on Thursday night.
Suspect is dead and a police officer injured near CDC and Emory University, police say
Firefighters outside an Emory University medical building in Atlanta on Friday after police said there were reports of an active shooter on the university's campus.
The Globe’s stars and dogs for the week
For Stars and Dogs column in Globe Investor/ROB only.
Don’t be fooled by the ‘yield on cost’ fallacy
John Heinzl
Harvard’s federal grant-funded patents targeted by Trump administration
(FILES) Harvard banners in front Widener Library during the 374th Harvard Commencement in Harvard Yard in Cambridge, Massachusetts, on May 29, 2025. The Trump administration on June 30, 2025, accused Harvard of violating the civil rights of its Jewish and Israeli students and threatened to cut off all federal funding if the university does not take urgent action. Harvard has been at the forefront of Donald Trump's campaign against top universities after it defied his calls to submit to oversight of its curriculum, staffing, student recruitment and "viewpoint diversity." (Photo by Rick Friedman / AFP) (Photo by RICK FRIEDMAN/AFP via Getty Images)
Musicians pull out of Spotify over CEO’s drone-tech connections
Musician Simone Schmidt in Toronto in 2019. Schmidt has joined the growing ranks of musicians pulling their work from Spotify.
Mexican authorities accuse Adidas of cultural appropriation in new design, asks shoemaker to withdraw sandal
A vendor sells sandals known as "huaraches" at a market in Oaxaca, Mexico, Friday, Aug. 8, 2025. (AP Photo/Luis Alberto Cruz)
Texas state house fails to meet quorum for third time as Democrats continue walkout, Republicans warn of escalations
Texas House Speaker, Dustin Borrow, R - Lubbock, right, speaks with House Rep. Briscoe Cain, R - Deer Park, following a Republican Caucus meeting at the State Capitol, Friday, Aug. 8, 2025, in Austin, Texas. (AP Photo/Rodolfo Gonzalez)
Now with $4-million, what’s the best way for Mike and Miriam to deal with their capital gains?
Financial Facelift, July 15, 2025.
Politics Insider: Carney adds to international condemnation of Israel’s decision to take over Gaza City
Canada's Prime Minister Mark Carney speaks at a press conference about recognizing Palestinian statehood, while Foreign Affairs Minister Anita Anand listens, in Ottawa, Ontario, Canada, July 30, 2025. REUTERS/Patrick Doyle
U.S. gold futures pare gains after hitting record high amid uncertainty over White House tariff policy
FILE PHOTO: Gold bars are stacked in the safe deposit boxes room of the Pro Aurum gold house in Munich, Germany, January 10, 2025. REUTERS/Angelika Warmuth/ File Photo
24 years after 9/11 attacks, three victims’ remains newly identified with improved DNA tech
FILE - In this Sept. 11, 2001 file photo, United Airlines Flight 175 collides into the south tower of the World Trade Center in New York as smoke billows from the north tower. (AP Photo/Chao Soi Cheong, file)
My father and Victoria Mboko: A decade-long tennis dream comes true
Victoria Mboko holds her trophy at IGA Stadium after she won against Naomi Osaka in the Canadian Open on Thursday.
Minister planning new powers to clamp down on fraudulent immigration consultants
Nova Scotia Immigration Minister Lena Diab announces an immigration stream to help attract more international doctors and specialists to the province, in Halifax on Thursday, Feb. 22, 2018. THE CANADIAN PRESS/Andrew Vaughan
Trump removes Billy Long as IRS commissioner, will serve as Iceland ambassador
US President Donald Trump shake hands with Representative Billy Long, R-MO, after the State of the Union at the US Capitol in Washington, DC on February 5, 2019. (Photo by Doug Mills / POOL / AFP)DOUG MILLS/AFP/Getty Images
B.C. wildfires see some relief from cooler weather, many properties continue to be under evacuation order
An evacuees pours a coffee at the Salvation Army's Emergency Disaster Services as volunteers await to provide food and other services for evacuees while in the parking lot of the Qualicum Civic Centre in Qualicum Beach, B.C., Sunday, Aug. 3, 2025. THE CANADIAN PRESS/Chad Hipolito
Major land claims ruling says B.C. Indigenous group has claim to a portion of city and port lands
The B.C. Supreme Court is shown in Vancouver, B.C., on Monday June 1, 2015. THE CANADIAN PRESS/Darryl Dyck
Mourners gather in Kyiv for funeral of journalist Viktoriia Roshchyna
Ukrainian journalist Viktoriia Roshchyna built her career covering crime and human rights, before disappearing on Aug. 3, 2023, while on assignment in Russian-controlled areas.
Security teams at WNBA games struggle to prevent continuing sex-toy incidents, players growing frustrated
FILE - The WNBA logo is seen near a hoop before an WNBA basketball game at Mohegan Sun Arena, Tuesday, May 14, 2019, in Uncasville, Conn. (AP Photo/Jessica Hill, File)
RFK Jr.’s defunding of mRNA vaccines to threaten Canadian tech access, stall development, experts say
Francesca Paceri, a registered pharmacist technician carefully fills the Pfizer-BioNTech COVID-19 mRNA vaccine at a vaccine clinic during the COVID-19 pandemic in Toronto on Tuesday, December 15, 2020. THE CANADIAN PRESS/Nathan Denette
Ottawa to spend $2-billion on armed forces for pay increases, improved benefits
Prime Minister Mark Carney, centre, and Chief of the Defence Staff General Jennie Carignan, right, walk on the tarmac of Canadian Forces Base (CFB) 8 Wing Trenton in Trenton Ont., on Friday, Aug. 8, 2025. THE CANADIAN PRESS/Spencer Colby
Carney says Israel’s decision to take over Gaza City won’t help the humanitarian crisis
Canada's Prime Minister Mark Carney speaks at a press conference about recognizing Palestinian statehood while Foreign Affairs Minister Anita Anand listens, in Ottawa, Ontario, Canada, July 30, 2025. REUTERS/Patrick Doyle TPX IMAGES OF THE DAY
Where can investors look for sanity in a market gone mad?
Ian McGugan
Calendar: What investors need to know for the week ahead
Bay Street in Canada's financial district is shown in Toronto on Wednesday, March 18, 2020.
Sun Life shares plunge as Medicaid funding uncertainty prompts revision to U.S. dental forecast
Sun Life works with U.S. states to administer Medicaid and Medicare Advantage dental benefits through the DentaQuest business, which it acquired in 2022 for US$2.5-billion.
Trump administration could use military action against some drug cartels, Rubio says
U.S. President Donald Trump previously offered to send U.S. troops to Mexico to help combat drug trafficking, an offer Mexican President Claudia Sheinbaum said in May she had refused.
The USMCA agreement may be circling the drain. Time to fill the trade sink elsewhere
Eric Reguly
RioCan REIT works to move past Hudson’s Bay venture as profit rises in second quarter
RioCan signage is shown at a strip mall in Mississauga, Ont., Saturday, Oct.24, 2020. RioCan is one of Canada's largest real estate investment trusts. THE CANADIAN PRESS/Richard Buchan
Alberta Insider: Advance voting begins in by-election that can return Poilievre to the Commons
A campaign sign for independent candidate Bonnie Critchley next to signs for Pierre Poilievre and Darcy Spady in the riding of Battle River-Crowfoot in Camrose, Alta., on Tuesday, July 22, 2025. THE CANADIAN PRESS/Amber Bracken
Appeals court tosses contempt finding against Trump government in El Salvador prison deportations
President Donald Trump departs an event to mark National Purple Heart Day in the East Room of the White House, Thursday, Aug. 7, 2025, in Washington. (AP Photo/Mark Schiefelbein)
Netflix secures exclusive Canadian broadcast rights for 2027 and 2031 Women’s World Cups
FIFA President Gianni Infantino announces that Brazil is chosen to host soccer's 2027 Women's World Cup at the FIFA Congress in Bangkok, Thailand, Friday, May 17, 2024. (AP Photo/Sakchai Lalit)
Mexico’s Sheinbaum has more leeway than Carney when dealing with Trump
MEXICO CITY, MEXICO - AUGUST 06: President of Mexico Claudia Sheinbaum speaks during the daily morning briefing at Palacio Nacional on August 06, 2025 in Mexico City, Mexico. (Photo by Manuel Velasquez/Getty Images)
It’s not a bird! It’s a Super Scooper plane, Canada’s most powerful waterbombing tool to fight against wildfires
It’s not a bird! It’s a Super Scooper plane, Canada’s most powerful water bombing tool to fight against wildfires.
Putin speaks with Xi, Modi and other leaders ahead of planned meeting with Trump on Ukraine
Russian President Vladimir Putin could meet with U.S. President Donald Trump as soon as next week, the Kremlin said, though no date or venue has been confirmed yet.
Pet Valu’s share price has the zoomies. Can it last?
David Berman
A resilient Canadian economy? Hardly – and Friday’s jobs report proves it
David Rosenberg
Conservative campaign manager Jenni Byrne won’t run party’s next campaign
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
The stock picks of CIBC’s Mokhtari have doubled the returns of the TSX this year. Here are his top 10 favourites for August
The CIBC sign outside the bankÕs office tower in TorontoÕs Financial District is photographed on Sept 3 2020.
Baklava pastries the latest product recalled in salmonella outbreak
The Canadian Food Inspection Agency issued a recall notice for some Andalos brand pastries.
Pitching in: Cleaning up the ocean to preserve nature in B.C.
Credit Taylor Burk Chloe Dubois and James Middleton in BC. They co-founded the Ocean Legacy Foundation, a non-profit that concentrates on collecting and recycling plastics found in the ocean. They’ve launched a new program that involves the fishing industry and other businesses in stopping plastic pollution. for paul waldie pitching in
How Indigenous peoples and the private sector can work together to get major projects done
Kitamaat Village, the home community of the Haisla Nation, in B.C. in February, 2020.
Catalonia’s goat herders savour their victories in keeping wildfires at bay
Average asking rents fall again in July to $2,121, report says
Kyle Jerry, right, helps De-Ren Jhou carry a mattress into an apartment building on Quebec's unofficial moving day in Montreal, Tuesday, July 1, 2025. THE CANADIAN PRESS/Graham Hughes
Thousands forced to evacuate as brush fire north of Los Angeles grows
A firefighter battles the Canyon Fire on Thursday, Aug. 7, 2025, in Halsey Canyon, Calif. (AP Photo/Marcio Jose Sanchez)
What to know about Israel’s plan to take Gaza City
Palestinians rush to collect humanitarian aid airdropped by parachutes into Gaza City, northern Gaza Strip, Thursday, Aug. 7, 2025. (AP Photo/Jehad Alshrafi)
How Friday’s surprisingly weak jobs report has shifted market and economist views for future BoC rate cuts
Bank of Canada Governor Tiff Macklem is seen during a news conference in Ottawa, Wednesday, July 30, 2025. THE CANADIAN PRESS/Adrian Wyld
How one Vancouver family plans to live under three roofs on one property
Kerry Gold
First-time buyers snag early offer on condo ahead of open houses
The selling features of the two-bedroom condo included skylights, a vaulted ceiling, air conditioning and a gas fireplace.
It’s time to raise the minimum taxable age to 25 – and offer fairness at every age
April 22, 2025 — Simon Fraser University campus on Burnaby Mountain, B.C. (Isabella Falsetti/The Globe and Mail)
Weird Al’s satire is apolitical, making it the perfect balm for our populist age
Weird Al Yankovic is a registered Democrat but has never endorsed a presidential candidate, and his music is mainly apolitical.
Rest we must: As lines blur, we can’t forget the importance of a break from work
Young adult black woman sitting at office, smiling and relaxing
Most Toronto homes selling under-asking, the Home of the Week and more top real estate stories
The Home of the Week is a renovated Beaux Arts home that belongs to a beloved Canadian cookbook author in Toronto's Rosedale neighbourhood.
Emily Henry reckons with success and shares her inspiration for the perfect beach read
author Emily Henry
Independent TV producers are being shut out from funding opportunities
Christina-Laia Vlahos
Toronto the Grind: Making your way around has never been such a slog
Marsha Lederman
Eight girls participated in the fatal swarming of a homeless man. None of them will serve additional jail time
Robyn Urback
India pausing plans to buy U.S. weapons, aircraft after Trump’s latest tariffs
U.S. President Donald Trump on Aug. 6 doubled tariffs on imports from India.
The highest-yielding stocks on the TSX, plus risk data
The TMX Market Centre is shown in Toronto, Wednesday, Sept. 11, 2024
Four changes to RBC analyst’s top 40 Canadian stock picks list
Scott Barlow
Maria Reva’s satirical tour de force Endling fully deserves its Booker nomination
Endling lives up to the promise of author Maria Reva’s previous book, Good Citizens Need Not Fear, a terrific novel-in-stories set in an apartment building in Ukraine.
Germany halts military exports that could be used in Gaza after Israel approves plan to expand war
German Chancellor Friedrich Merz said the government believes an expansion of military action in the Gaza Strip makes it more difficult to see how the goals of disarming Hamas and releasing the hostages can be achieved.
Advance polls open in Poilievre’s Alberta by-election with 214 candidates and a blank ballot
The by-election features Conservative candidate Pierre Poilievrew, Liberal candidate Darcy Spady, the NDP’s Katherine Swampy and Independent Bonnie Critchley.
Business Brief: Canadian companies and the AI reboot
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Friday’s analyst upgrades and downgrades
The logo of Sun Life Financial is seen in Toronto May 6, 2015.
All the rage: How the UFC became America’s most important (and misunderstood) political powerhouse
US President Donald Trump (L), UFC CEO Dana White (C) and US former professional boxer Mike Tyson (R) attend a UFC 316 event, headlined by a rematch between Georgian mixed martial artist Merab Dvalishvili and US mixed martial artist Sean O'Malley at the Prudential Center in Newark, New Jersey on June 7, 2025. (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images)
Hero to zero: François Legault is following in Justin Trudeau’s footsteps
Konrad Yakabuski
What items your freshman student really needs for their dorm
The summer Louise Arbour worked the phones for Expo 67
Louise Arbour
South Korea offers a cautionary tale of how the online fringes can make hatred mainstream
People walk across the Banpo Bridge, which stretches over the Han River in Seoul on August 8, 2025. (Photo by Anthony WALLACE / AFP) (Photo by ANTHONY WALLACE/AFP via Getty Images)
Israel’s plan to take Gaza City draws international criticism, concern over Palestinians, hostages
Palestinians inspect the site of a morning Israeli strike on a house, in Gaza City, August 8, 2025. REUTERS/Mahmoud Issa TPX IMAGES OF THE DAY
The hard part of Mideast peace is the only part worth doing
A Palestinian girl carries her belongings as she walk on debris after an overnight strike on the Sheikh Radwan Health Centre in the north of Gaza City on August 6, 2025. Gaza's civil defence agency said 68 people were killed by Israeli gunfire and air strikes on August 5, including 56 who were waiting near aid distribution sites inside the Palestinian territory. (Photo by Omar AL-QATTAA / AFP) (Photo by OMAR AL-QATTAA/AFP via Getty Images)
Tesla to streamline AI chip research, Musk says, after report supercomputer team being disbanded
Tesla CEO Elon Musk previously said that next-generation AI5 chips would be produced at the end of 2026.
Manitoba Museum CEO glad Bay charter found a home: ‘We didn’t have the means’
The 1670 royal charter signed by King Charles II establishing Hudson's Bay, is shown on display at the Manitoba Museum where it was loaned to be displayed alongside its permanent collection of Hudson's Bay artifacts, in this 2020 handout photo. THE CANADIAN PRESS/Handout - Manitoba Museum (Mandatory Credit)
Canadian economy sheds almost 41,000 jobs in July, unemployment rate remains steady
A "Now Hiring," sign is displayed on a business in Montreal on Tuesday, May 30, 2023. Statistics Canada is set to release employment figures for June this morning.THE CANADIAN PRESS/Christinne Muschi
Freakier Friday’s Canadian director Nisha Ganatra has a soft spot for mothers on screen
Johanna Schneller
The week ahead: U.S. inflation data to test stocks as some investors brace for rally to pause
The Wall Street subway station sign is seen on April 07, 2025 in New York City.
How to help get your teen ready for postsecondary life
Welcome to Rich Guy Fantasy Camp, where Jeff Bezos and wealthy men like him live in their own worlds
Lately: Canadian CEOs embrace AI, Wikipedia’s unsung heroes and the joy of screen-free events
Say hello to your new coworker, an AI
Morning Update: Jack and Lilly disappeared. What happened to them?
Belynda Gray, grandmother of Jack and Lilly, holds a photo taken of the children on their first day of school while sitting at her kitchen table in Middle Musquodoboit, N.S. on Aug. 1.
The most life-changing things that money can buy, according to you
A coffee machine fills two cups at a coffee shop in Bogota, Colombia June 5, 2019. Picture taken June 5, 2019. REUTERS/Luisa Gonzalez
Months after Nova Scotia children vanished, a clearer picture emerges of their lives before their disappearance
How soon could some Air Canada workers strike? Take our business and investing news quiz
Travellers pass by Air Canada luggage drop-off points early morning at Toronto’s Pearson International airport. Air Canada has been in negotiations with the union representing 5200 pilots for over a year, and is on the brink of a strike or lockout position on September 18. The airline will start cancelling flights for passengers five days earlier, preparing for a stoppage at Canada’s largest airline company. September 12, 2024. (Sammy Kogan/The Globe and Mail)
When Don meets Vlad: World market themes for the week ahead
President Donald Trump, left, and Russian President Vladimir Putin shake hands at the beginning of a meeting at the Presidential Palace in Helsinki, Finland, July 16, 2018.
Before the Bell: What every Canadian investor needs to know today
Traders work on the floor of the New York Stock Exchange (NYSE) at the opening bell in New York City, on August 7, 2025. Wall Street stocks rose early Thursday, extending an upward run as markets shrugged off a spate of fresh US tariff increases that went into effect at midnight. (Photo by TIMOTHY A. CLARY / AFP) (Photo by TIMOTHY A. CLARY/AFP via Getty Images)
Why the Carney government should treat the TMX pipeline as a model investment
Tony Keller
What alternative investments are available for an RRSP?
All Hail Louisiana, where left-lane hogs can now go to jail
Andrew Clark
The desire for nation-building initiatives should not obscure the success of federal investment in Indigenous renewable energy projects
The Awasis solar project on the Cowessess First Nation. Indigenous communities and businesses have led many Canadian clean energy initiatives over the past 15 years.
Why this Canadian dividend manager is buying Premium Brands and trimming Agnico
Ryan Bushell, president and portfolio manager at Newhaven Asset Management Inc. in Toronto.
Canadian CEOs are embracing generative AI’s speed and efficiency. The impact on their employees is less certain
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Lumber producers praise federal plan to diversify markets amid trade war with U.S.
Prime Minister Mark Carney greets employees at the Gorman Brothers Lumber sawmill in West Kelowna, B.C. on Tuesday.
‘Travelling our great country should be a must before one can claim to be truly Canadian.’ Letters to the editor for Aug. 8
Jeroen Mikkers/Shutterstock
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