By Glen Hallick
Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally.
- Canadian Prime Minister Mark Carney is in Washington, D.C. on Monday, ahead of his meeting with United States President Donald Trump on Tuesday. Reports said Carney is hoping to make some headway in reducing or eliminating U.S. tariffs on a range of Canadian exports. During the summer, the Carney government rolled back some of its surcharges, hoping to make headway with the Trump administration. Talks between the countries fell apart in early August.
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- French Prime Minister Sebastien Lecornu resigned on Monday, 26 days after being selected for the position and a mere 14 hours after he named his cabinet. Lecornu criticized the impasse among the political parties in their unwillingness to compromise. That has left President Emmanuel Macron with three choices, appoint his sixth PM in 21 months, dissolve the National Assembly for another election, or resign himself.
- On Sunday, a Trump-appointed federal judge in Oregon ruled against the U.S. President’s move to send out-of-state National Guard troops into Portland. That came a day after U.S. District Judge Karin Immergut prohibited the Trump administration from mobilizing the Oregon National Guard. Reports said Immergut was displeased with the administration’s inability to press its case. However, Immergut’s rulings are temporary.
- U.S. federal lawmakers remained at loggerheads on Monday, which pushed the government shutdown into its sixth day. In speaking to journalists on Sunday, President Donald Trump blamed the Democrats for the situation. Among the items Democrats said they want reinstated is coverage for federal health care costs that were axed in Trump’s ‘Big Beautiful Bill.’ Officials from the Republicans and the Democrats last met on Sept. 29, and failed to reach a compromise.
