MID-DAY: Trump sours optimism on China-US trade relations; Crude pulls back from dip once again

All eyes are on the G20 summit as leaders meet amid high-tension. Donald Trump is garnering the most attention after the US President soured optimism on the possibility of easing trade tension between China and the US. Trump said the two sides still had a way to go before reaching a deal. He’s expected to still meet with his Chinese counterpart during the summit to discuss trade.

On Bay Street the TSX is down 2 points to 15,168 and across the border the Dow is dropping 122 points to 25,244.

The price of crude is coming back from a big dip this morning after it fell below $50 a barrel. US crude is up to 51.67 after Russia agreed to meet new OPEC guidelines to cut production and pull back on the oversupply.

The Loonie is down to 75.29 cents US.

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

GNWT releases draft of UNDRIP action plan

The territorial government is has released their initial draft for a United Nations Declaration on the Rights of Indigenous Peoples Action Plan and are asking for public input. An announcement released today invited general members of the public to review and submit questions or comments on the initial draft of the plan.

AVENS’ national recognition champions aging in place in Yellowknife

After more than forty years of social innovation in older adult living and care AVENS was recognized with a special honour at the national volunteer awards for 2025. The organization has spent nearly half a century championing “aging in place” rights and access for older adults in the North. "We’re unique in the North and in Yellowknife to be able to provide that degree and variety of service and really focus on our mission, which is allowing seniors to age in place," said Colleen Wellborn

Dettah Ice Road closed for the season

The Northwest Territories department of Infrastructure has just closed the Dettah Ice Road for the season.

Feds pledge $4B for housing in Indigenous Northern, remote communities

The federal government says they are committing $4-billion for Indigenous housing in urban, rural and northern communities. The announcement was made in Behchokǫ̀ on Friday. The multi billion dollar plan, dubbed the Urban, Rural and Northern Indigenous Housing Strategy, intends to balance Indigenous-led funding agreements and open, project-based funding for Indigenous housing projects.

NorthWords NWT releases schedule and author list for 2026 festival

NorthWords NWT has released the schedule and visiting authors for their 2026 Writer’s Festival.