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DOO News3 articles
US Procurement Order Targets Canadian Goods; BRP, Saputo Face Product-Specific Risks
A new US federal procurement order targets Canadian-origin goods, escalating the trade war. BRP and Saputo face product-specific risks, with markets awaiting implementation details.
BRP Shares Slide as US-Canada Trade Dispute Shifts to Import Bans
BRP Inc. shares dropped 2.22% after US imposed import bans on Canadian motorcycles over 800cc, affecting Can-Am Spyder. The trade war escalates from tariffs to market access restrictions.
Global Markets React to Oil Volatility and Geopolitical Tensions
Oil prices decline amid ceasefire negotiations and OPEC+ production plans, lifting consumer discretionary stocks like Greggs and BRP. Indian equities face pressure as the Strait of Hormuz closure drives crude higher. Meta shares surge on robust earnings, but heavy AI spending raises concerns.