News of the day: U.S. trade tensions, sovereign wealth fund ETF, WestJet fare hikes, DST changes, MDA Space revenue and more

1 hour ago 2
Former chief trade negotiator Steve Verheul speaking to members of the media in Montreal, Que., on Jan. 25, 2018.Former chief trade negotiator Steve Verheul speaking to members of the media in Montreal, Que., on Jan. 25, 2018. Photo by Christinne Muschi/Bloomberg files

Article content

It’s Thursday, May 7. Here are the top stories we’re following today.

Financial Post

THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

SUBSCRIBE TO UNLOCK MORE ARTICLES

Subscribe now to read the latest news in your city and across Canada.

  • Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
  • Daily content from Financial Times, the world's leading global business publication.
  • Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
  • National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
  • Daily puzzles, including the New York Times Crossword.

REGISTER / SIGN IN TO UNLOCK MORE ARTICLES

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account.
  • Share your thoughts and join the conversation in the comments.
  • Enjoy additional articles per month.
  • Get email updates from your favourite authors.

THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.

Create an account or sign in to continue with your reading experience.

  • Access articles from across Canada with one account
  • Share your thoughts and join the conversation in the comments
  • Enjoy additional articles per month
  • Get email updates from your favourite authors

Sign In or Create an Account

or

Article content

Article content

Article content

Canada and the United States remain “far apart” in their trade negotiations as the July deadline for a review of the Canada-U.S.-Mexico Agreement looms, says former chief trade negotiator Steve Verheul.

Article content

Article content

Article content

Article content

TMX The TMX Group is urging the federal government to allow retail investors to buy stakes in the sovereign wealth fund through publicly traded units. Photo by Pawel Dwulit/Bloomberg

Article content

By signing up you consent to receive the above newsletter from Postmedia Network Inc.

Article content

Article content

The chief executive of the Canada’s largest stock exchange group is urging the Carney government to allow retail investors to buy stakes in a new $25-billion sovereign wealth fund through publicly traded units such as exchange traded funds.

Article content

Article content

Article content

Article content

WestJet chief executive Alexis von Hoensbroech answers questions while sat in economy seat aboard a Boeing 787-9 Dreamliner at the company's Calgary hangar on Feb. 17, 2026. WestJet chief executive Alexis von Hoensbroech answers questions while sat in economy seat aboard a Boeing 787-9 Dreamliner at the company’s Calgary hangar on Feb. 17. Photo by Steven Wilhelm

Article content

Article content

WestJet Airlines Ltd. says it is gradually raising fares to offset soaring jet fuel costs — which have doubled this year — and warns it isn’t finished yet.

Article content

Article content

Article content

unrecognizable handicapped man in a wheelchair passing over blue and white handicapped sign painted on the floor While the changes to the disability tax credit are a move in the right direction, more needs to be done to ensure vulnerable Canadians can access these critical supports. Photo by Alvero Moreno Perez

Article content

Article content

Article content

It will now be easier for some Canadians to qualify for the disability tax credit (DTC) thanks to changes announced in last week’s Spring Economic Update by the federal government. The DTC is a non-refundable tax credit intended to recognize the impact of non-itemizable disability-related costs on one’s ability to pay tax.

Article content

Article content

Article content

MDA Space The MDA Space Ltd. banner on the facade of the New York Stock Exchange. Canada’s largest space company’s satellite revenue hit $313 million in the first quarter. Photo by Michael M. Santiago/Getty Images

Article content

Article content

Brampton, Ont.-based MDA Space Ltd.‘s first-quarter revenue beat analysts’ expectations after rising 32 per cent year over year to $464.1 million, primarily due to the 41 per cent growth in its satellite business, the company said on Thursday.

Article content

Article content

Read Entire Article