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Morning BriefSaturday, October 31, 2026

Canada and the European Union closed a Montreal summit with an 'alliance for the future' pact, while Carney says he can wait out Trump's trade war. U.S. midterms may not ease tensions, and the economy shrank 0.7% in January.

By CanadaNext Editor · · 6 stories

  1. Energy & Economy

    Canada and EU launch 'alliance for the future' at Montreal summit

    Mark Carney and EU leaders closed a Montreal summit by announcing an 'alliance for the future' pact covering security, digital and education ties. Carney is also pursuing associate EU membership, and says Canada is not paying to build closer ties.

    Sources: CTV, CTV, CBC

  2. U.S.–Canada

    Midterm results may not ease strained Canada-U.S. relationship

    Democrats hope Tuesday's midterm elections will give them power to rein in President Donald Trump, but Canadians hoping for a steadier bilateral relationship may be disappointed. Talk of cross-border 'irritants' returned to the agenda this week, alongside trade talks.

    Sources: CTV, CTV, CBC

  3. Energy & Economy

    Canada's economy shrank 0.7% in January

    Canada's economy contracted 0.7% in January. A financial news briefing described the economy as flatlining, overreliant on bank dividends, and facing high fuel costs.

    Sources: National Post, Financial Post

  4. Politics

    Liberals lead Conservatives in fundraising as by-elections approach

    Liberals have moved ahead of the Conservatives in fundraising as by-election calls loom, adding pressure on Pierre Poilievre amid slumping polls. Parties are lining up candidates, including a Conservative appointment in an Ontario contest.

    Sources: Globe and Mail, CTV

  5. Politics

    BC Conservatives win majority after snap election

    The BC Conservatives won a majority in a snap election, after entering the campaign in turmoil with a brand-new interim leader and a wave of departures. Analysis examines how the party turned things around.

    Source: Globe and Mail

  6. Leadership & Policy

    Carney's second budget to be measured against his promises

    Carney is preparing to deliver his second budget, and a review checks the status of Liberal goals such as shrinking the deficit and growing investment. A separate column says the budget must account for his list of projects and deals.

    Sources: Globe and Mail, The Globe and Mail

Prepared by the CanadaNext Editor with AI assistance from public reporting and CanadaNext's own videos. Sources are linked. How we work