ByteDance, Alibaba, Tencent place over US$35 billion worth of Nvidia chip orders: Reuters exclusive

PoliticsPublished: October 20, 2026 at 2:47p.m. EDTPrime Minister Mark Carney, left, shakes hands with President of China Xi Jinping at the Great Hall of the People in Beijing, China on Friday, Jan. 16, 2026. THE CANADIAN PRESS/Sean Kilpatrick OTTAWA — Culture Minister Mark Miller has returned from a five-day trip to China that aimed to deepen cultural ties between the two countries. Miller travelled to Shanghai, Shenzhen and Suzhou this month with dozens of representatives from Canadian creative industries. His office says seven new commercial agreements worth more than $4.2 million were signed during the trip. Almost 50 representatives from 36 Canadian companies and organizations took part, most of them from the interactive digital media industry. A government news release says Miller met with his Chinese counterpart Sun Yeli and the pair discussed ways to build commercial partnerships and create jobs in the cultural sector. In Beijing earlier this year, Prime Minister Mark Carney outlined steps to build a new strategic partnership with China, including more cultural exchanges and “people-to-people” ties. This report by The Canadian Press was first published Oct.

Published: October 20, 2026 at 2:19p.m. EDTOTTAWA — The president of the Canadian Labour Congress says proposed amendments to Canada’s labour code outlined in Bill C-39 could put decades of labour stability at risk. The 243-page bill seeks to fast-track approvals for major projects, cut their review times and create zones of “national interest” to pre-approve certain types of projects. The bill also proposes changes to Section 107 of the Canada Labour Code to state that a minister can order a business under federal jurisdiction to resume operations, or put parties into binding arbitration. Labour Congress president Bea Bruske told a House of Commons committee today those proposed new powers effectively eliminate the right to strike. Canadian Union of Public Employees national president Mark Hancock told the committee that when companies know the government will bail them out during a strike, they won’t put their best offer forward in contract negotiations.

Published: October 20, 2026 at 2:17p.m. EDTOTTAWA — Prime Minister Mark Carney says the federal and provincial governments should work together to get immigration down to sustainable levels before Alberta takes steps to do so on its own. Albertans cast their ballots on a slate of referendum questions Monday, and while the question around separation drew the most attention, there were nine others that cover a range of issues, from proposed Constitutional changes to health-care access. Five of the questions outside of the one on separation were focused on immigration, and could require constitutional changes to implement. “This government has recognized from the start, the need to take back control on immigration, and we’ve done so,” Carney told reporters on Parliament Hill Tuesday morning, while answering questions about the Alberta referendum results.

Published: October 20, 2026 at 1:17p.m. EDTKeith Richards, president and chief portfolio manager at ValueTrend Wealth Management, shares his outlook on Technical Analysis. Keith Richards, President, Chief Portfolio Manager, ValueTrend Wealth ManagementFocus: Technical Analysis Top Picks: State Street Consumer Discretionary Select Sector SPDR ETF, WSP Global, BMO Equal Weight Global Base Metals Hedged to CAD Index ETF MARKET OUTLOOK:On my last BNN show in September, I called ValueTrend’s approach to the markets as the “buy anything but tech trade”. That, of course, was contrarian in light of the market’s sole focus on tech stocks at the time. It would appear that my call for buying “anything else but tech” is coming to fruition. A rotation into undervalued stocks has begun. My view has not changed. The top 10 stocks now hold roughly 40 per cent of the S&P 500 index. Sheer lunacy!!! Soon, nearly 50 per cent of the S&P will be a roll of the dice on AI. The passive share of the market – aka retail investors- hold Index ETF’s. Their exposure keeps climbing. Moreover, large institutional investors such as pension managers also hold significant passive index exposure.

Published: October 20, 2026 at 12:50p.m. EDTVassy Kapelos weighs in on U. S. President Donald Trump’s latest threat to ban Canadian jet brand Bombardier from selling to the U. S. market. WASHINGTON/MONTREAL -- U. S. President Donald Trump has dropped threats against Canadian jet maker Bombardier to ban it from the U. S. market and instead vowed to take “good care” of the company’s workers in Kansas. Trump’s threats in September against Bombardier became a political issue in Kansas, where it employs 1,500 workers in Wichita. The threatened ban prompted calls to the White House from Kansas lawmakers including Republican Senator Roger Marshall, who is facing a tough re-election bid. “We’re going to take care of Bombardier,” Trump told 12 News in Kansas, citing Marshall’s involvement. At a speech Monday, Trump said he would help Bombardier. “I’m going to be helping a certain air company get themselves straightened away... I’ll be helping them because I always viewed them as a Canadian company,” Trump said. “But now I find out they have a presence here, and we’re not hurting them if they’re in Kansas.