Business

Canada counter-tariffs on C$27.6-billion of U.S. imports take effect September 8, 2026, covering 600+ product classes at rates of 50%, 25% and 15%.

A Saskatchewan mail-in survey found 86.34% support youth social media limits for under-16s. The results now head to Ottawa as federal legislation advances.

Air Canada’s Summer 2027 network plan adds five new destinations and seven new international routes, restores the Toronto–London Heathrow Day-tripper and lifts Toronto–Shanghai to daily service, pushing international capacity up more than 8% in available seat miles.

Canada’s largest banks beat analyst estimates in fiscal Q3 as capital-markets profit climbed 35% year over year. TD reported record markets results with divisional net income up 87%, while RBC’s markets unit earned C$1.54 billion in the three months to July.

The Federal Trade Commission and attorneys general from 22 states filed a federal lawsuit on August 31, 2026, alleging Amazon used a concealed surcharge in its search advertising auctions for more than seven years, affecting over one million brands and sellers.

Parker-Hannifin has closed a $9.25 billion all-cash purchase of FGC from Madison Industries, a deal completed in August 2026 that ranks among the year’s larger industrial consolidations.

Canada will host its first Investment Summit in Toronto on September 14–15, 2026, with a stated goal of catalysing $1 trillion in investment over five years across clean energy, critical minerals, technology, and artificial intelligence.

Markets opened September cautiously as U.S.-Iran hostilities resumed in the Strait of Hormuz, where two oil tankers were attacked. The Nasdaq Composite fell 1.03 percent, the S&P 500 dropped 0.71 percent, and crude oil prices rose 0.63 percent amid supply concerns.