Canada's submarine purchase, Chinese EV imports, and bank stock rally: Business Brief
By
Chris Wilson-Smith
7d ago· 6 min readenNews
Summary
This business briefing covers several Canadian news items: potential increased low-tariff Chinese EV imports into Canada, Unifor setting a July 10 deadline for Ford auto talks, BCE employees suing over fired for attendance tracking issues, and UK PM Keir Starmer's resignation announcement. The main focus pieces discuss Canada's purchase of 12 new submarines as a major defence procurement, and the rise of Canadian bank stocks.
Source
Key quotes
· 5 pulledCanada is on track for increased low-tariff Chinese EV imports.
Unifor sets July 10 deadline for tentative agreement with Ford as auto talks kick off.
BCE employees fired over 'swipe and go' office attendance sue for compensation.
British PM Keir Starmer says he will resign by September.
Canada's purchase of 12 new submarines will be one of the biggest defence procurements...
Also in today’s edition: What’s behind the rise of bank stocks?
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