📈 Canada Looks for Small Trade Wins as Gold Breaks Records
Ottawa is pivoting to small victories as tariff gridlock with the U.S. drags on. While a full trade deal remains elusive, behind-the-scenes talks and industry-specific support could offer relief to sectors under pressure.
Canada Looks for Small Trade Wins as Gold Breaks Records
Ottawa is pivoting to small victories as tariff gridlock with the U.S. drags on. While a full trade deal remains elusive, behind-the-scenes talks and industry-specific support could offer relief to sectors under pressure. Meanwhile, investors are flocking to gold after weak U.S. jobs data reignited rate cut expectations. The precious metal surged to an all-time high, as uncertainty fuels the flight to safety once again.
Stay sharp with B-TV’s latest feature.
Visit www.b-tv.com for exclusive updates and breaking news, helping you make informed investment decisions before the rest of the market catches on.
Let’s see where the markets take us next.
4 Minute Read:
Here's how some major markets/indexes performed in the last 5-days:
- Dow Jones: 45,382 (-0.46%)
- Nasdaq 100: 23,622 (0.06%)
- TSX: 28,991 (2.03%)
- BTC: 110,830 (2.35%)
- Ethereum: 4,293 (-2.20%)
(USD)
As of 09/05/2025 at 10:30AM PST
Canada Eyes Small Trade Wins as Tariff Gridlock Drags On
What happened:
There’s still no breakthrough in Canada’s trade talks with the U.S., but Ottawa is shifting strategy. Trade Minister Dominic LeBlanc confirmed that technical discussions are underway to secure targeted deals for industries hit hardest by tariffs, including steel, autos, and aluminum. Industry Minister Mélanie Joly added that support for these sectors is coming soon, while Canada’s top civil servant Michael Sabia met with U.S. officials in D.C. to keep talks alive.
Why it matters:
After weeks of stalemate, even incremental progress counts. Prime Minister Carney has kept expectations in check, but recent steps — including Canada’s decision to drop some retaliatory tariffs — are aimed at creating momentum for sector-specific relief, even if a full trade reset remains out of reach.
Bottom line:
A sweeping trade resolution may still be far off, but Ottawa is betting that small wins can pave the path forward. For now, investors are watching whether words translate into action.
LaFleur Minerals (CSE: LFLR, OTCQB: LFLRF, FSE: 3WK0) is a gold-focused company positioned near high-grade opportunities in Canada's iconic Abitibi greenstone belt.
Prime Mining (TSX: PRYM, OTCQX: PRMNF) is positioning itself for major impact with a high-grade gold project in Mexico, backed by expanding partnerships and an ambitious growth strategy.
Gold Hits Record High as Rate Cut Bets Rise
What happened:
Gold prices soared to a new all-time high of $3,585 per ounce this week, driven by soft U.S. jobs data and growing expectations that the Federal Reserve will move to cut rates. August’s job creation came in far below forecasts, with only 22,000 new positions added. Investors quickly rotated into hard assets like gold, betting on a more dovish turn from the Fed.
Why it matters:
Gold is benefiting from a perfect storm of macro drivers — slowing labor market momentum, lingering inflation concerns, and heightened demand for portfolio protection. As rate cut odds increase, the opportunity cost of holding non-yielding assets like gold falls, helping prices push through key resistance levels.
Bottom line:
With central banks hesitant and data flashing mixed signals, investors are turning to the oldest hedge in the book. And right now, gold is gleaming brighter than ever.
📢 This Week's Selected Company News:
Neuralink Begins Human Trials in Canada with Quadriplegic Patients
Elon Musk’s Neuralink has successfully implanted its brain-computer interface into two quadriplegic Canadian patients, marking a major step forward in the company’s clinical rollout. The procedure, which enables users to control digital devices through neural signals, is part of Neuralink’s broader effort to restore independence for individuals with severe mobility challenges.
This milestone highlights Neuralink’s expanding footprint in international trials and signals progress toward potential regulatory approvals.
Highland Copper Boosts Recovery Rates and Cuts Costs at Copperwood
Highland Copper has announced an updated process plant design at its Copperwood Project, delivering increased copper recoveries of 87.6% while reducing processing costs. The metallurgical overhaul incorporates ultrafine flotation technology, energy-efficient milling circuits, and an optimized reagent scheme, supported by a performance guarantee from Glencore Technologies. The redesign positions the company to advance confidently toward a construction decision in 2026.
WestJet Expands Fleet with New Boeing Aircraft Order
WestJet has announced a major expansion to its fleet, confirming an order for new Boeing aircraft including the 737-10 MAX and 787-9 Dreamliner models. The deal is aimed at supporting the airline’s long-haul and transcontinental growth strategy, with delivery timelines extending into the next decade.
The move signals WestJet’s confidence in post-pandemic travel demand and its intention to enhance both domestic capacity and international service.
📬 That’s a wrap for this week!
Want more? Visit www.b-tv.com and subscribe for breaking updates, company features, and actionable insights straight from the market’s front lines.
What sector are you interested in? BTV wants to know! Send your thoughts here!
Looking forward to hearing from you!
Until next time!
