‘I will honour this mandate’: Smith vows not to hold another referendum on separation

BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. Nearly a decade after Boeing unveiled its largest 737 Max jet, the company has cleared a major hurdle in its effort to bring the plane to airlines. The Federal Aviation Administration approved the Max 10 for passenger service Tuesday, ending years of delays. The 737 Max 10’s certification represents another milestone in Boeing’s efforts to restore its reputation and financial footing after years of safety, quality and production challenges. With production approved, the aircraft can now be sold to domestic and foreign carriers. U. S. Transportation Secretary Sean Duffy said the certification followed “extensive safety reviews,” including thousands of hours of test flights, and called it a major win for American manufacturing. “To think that it took us almost 10 years to get here. We all probably had a little less gray hair 10 years ago,” Duffy said during a visit to Boeing’s manufacturing plant Tuesday in Everett, Washington.

The lawsuit, filed on behalf of Gellert Global Group, has asked a U. S. court to declare the tariffs unlawful and to order a refund. WASHINGTON – An American food importer filed a lawsuit against the Trump administration over Washington’s latest tariffs on a range of Canadian goods, claiming U. S. President Donald Trump has overstepped the power of his office. The Gellert Global Group is a third-generation family business based in New Jersey and has imported Canadian cheese for around 100 years. The company said Trump’s use of a depression-era trade law to enact tariffs on Canadian dairy will cost them US$40 million a year. The lawsuit was filed Tuesday by Liberty Justice Center on behalf of Gellert Global Group in a New York-based court. Liberty Justice Center CEO Sara Albrecht told CTV News she’s played “a game of whack-a-mole” with Trump’s tariffs. “We will continue to keep fighting these things as long as they are abusing the (U. S.) Constitution as it’s written, and abusing the separation of powers, and basically taking authority that the executive branch doesn’t have,” Albrecht said.

Company NewsPublished: October 20, 2026 at 9:03p.m. EDTA Bank of Montreal sign is pictured in Ottawa on July 11, 2022. (Sean Kilpatrick / The Canadian Press) BMO announced a leadership transition for the head of its U. S. operations. The bank says Darrel Hackett will retire from his role as U. S. CEO after more than 22 years with BMO and will transition to an executive vice-chair and senior adviser role effective Nov. 1. BMO says Tim Cox has been appointed, effective Nov. 1, as the U. S. country head of BMO Financial Group and the CEO of its U. S. subsidiaries BMO Financial Corp. and BMO Bank N. A. Cox joined the bank in 2010 and has held various legal and regulatory compliance roles. Darryl White, BMO CEO, says in a news release that Hackett played a role in helping build the U. S. business. The announcement comes after BMO, TD Bank and other large U. S. lenders were identified in a report by the U. S. Office of the Comptroller of the Currency about debanking and limiting access to financial services for certain U. S. customers due to their political beliefs. This report by The Canadian Press was first published Oct. 20, 2026.

Trade WarUpdated: October 20, 2026 at 8:55p.m. EDTPublished: October 19, 2026 at 7:00a.m. EDTAlbertans rejected holding a second referendum to separate as voters overwhelmingly chose to stay in Canada, CTV News projects. In a historic vote that saw the oil-rich province put the question of separation to the public, roughly 75 per cent of voters thought Alberta should stay in Canada, while just under 25 per cent voted to pursue a binding referendum on leaving, according to preliminary results just after 8 a.m. MT. LIVE: Real-time data. Interactive maps. Every question. Every result. The remaining nine questions, focused largely on immigration and constitutional changes, are also being counted right now and some have close races. The emphatic result to remain culminates a year-long campaign from pro-Canada and separatist groups. The Alberta government, on the other hand, campaigned for yes votes on the first nine questions, and Premier Danielle Smith also advocated for the province to remain in Canada. She will address Albertans at 6:45 p.m. MT on Tuesday. Elections Alberta was expected to announce results for Question 10 by 4 a.m. MT, but not all polls are reporting results yet.

Published: October 20, 2026 at 6:43p.m. EDTThe price is about to rise for some travellers who want to vacation on the high seas. Carnival Cruise Lines, one of the world’s largest cruise companies, will introduce dynamic pricing for certain onboard packages starting on Dec. 1. The cruise line announced the introduction of dynamic pricing in a news release about its new packaging framework, called FunPacks. The company called the new structure its “largest offering of packages tailored to different vacation styles.”However, the prices for certain onboard packages are up in the air. The statement read. “Carnival will also introduce dynamic pricing for beverage packages and Wi-Fi plans,” the company said. “Pricing will vary based on sailing length, itinerary and season.”Carnival said the new dynamic pricing model will apply to Wi-Fi and beverage plans in bundled FunPacks and those purchased on their own. Carnival Cruise Line's Carnival Horizon cruise ship is shown docked at PortMiami, April 9, 2021, in Miami. (AP Photo/Wilfredo Lee, file) Carnival Cruise Line's Carnival Horizon cruise ship is shown docked at PortMiami, April 9, 2021, in Miami. What is dynamic pricing?

Published: October 20, 2026 at 6:39p.m. EDTA SpaceX Falcon 9 rocket carrying a Dragon spacecraft lifts off from Cape Canaveral, Fla, on its way to the International Space Station on Tuesday. NEW YORK — SpaceX reported a bigger quarterly profit than expected Tuesday as its satellite communications operations and its business of leasing computing power to other companies boomed. The company, run by Elon Musk, posted net income in the three months through September of US$4.4 billion, or 35 cents per share. That’s more than double what Wall Street expected, and reverses a loss from the year-earlier period. Revenue soared to US$14.6 billion, up 161 per cent. “They beat across all metrics and the Starlink business looks to be accelerating,” said Dan Ives, an analyst at Yorkville Ives, adding about investors. “This is just what the Street wanted.”The newly public company’s results marked a sharp break from more than a year of losses. The stock rose 4.6 per cent in after-hours trading.