AGP Executive Report
Last update: 12 hours agoCanadian Economy Watch: Statistics Canada reported back-to-back GDP contractions, reigniting recession debate in Ottawa and on Bay Street, with Pierre Poilievre calling for an emergency debate while many economists say it’s too early to label it a true downturn. Energy & Infrastructure: Trans Mountain says its pipeline will run at full capacity in June as Alberta production rises and other lines stay full, while optimization projects aim to boost capacity further. Housing & Affordability Context: A CMHC-linked theme continues to surface across coverage: housing supply and affordability pressures remain central, with comparisons to New Zealand highlighting similar issues like foreign ownership concerns and tightening rules that haven’t fully solved affordability. Local Development Spotlight: Markham’s Main Street Unionville reopens after a $14.8M restoration, upgrading streetscapes and infrastructure ahead of major summer events. Construction/Industry Signals: New Brunswick’s proposed pellet plant at the Port of Belledune is pitched as a way to support regional mills amid tariff pressure.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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