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Trump says Bombardier to invest US$270 million in the U.S.
Published: October 23, 2026 at 8:45a.m. EDTTrade Minister LeBlanc reacts to Trump’s comments on Bombardier and the importance of protecting the aerospace sector. U. S. President Donald Trump said late on Thursday Canadian jet maker Bombardier was investing US$270 million in the United States, days after he dropped threats to ban the company from the country. Trump’s September threats against Bombardier became a political issue in Kansas, where it employs 1,500 people in Wichita. The threatened ban prompted calls to the White House from Kansas lawmakers, including Republican Senator Roger Marshall, who is facing a tough race in the November 3 elections. Bombardier will recruit for 500 roles across the U. S. and is planning to create an extra 300 jobs through expansion projects, the company said in a statement on Friday. Latest updates on company news hereThe expansion will include an initial investment of about $270 million for infrastructure growth in the first phase, per the statement. “Based on our constructive conversations with the U. S.

U.S. futures under pressure as crude reaches levels not seen since May
BNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. Futures are lower as oil prices reach levels not seen since May amid halting efforts to bring the U. S. and Iran back to the negotiation table. Futures for the S&P 500 fell 0.3 per cent Friday, while Dow Jones futures slid 0.6 per cent. Nasdaq futures dipped 0.1 per cent. Brent crude, the international standard, rose 1.6 per cent to US$114.92 per barrel on Friday. U. S. benchmark crude oil jumped 1.8 per cent to $101.22 per barrel. Gasoline prices in the U. S. are rising again. The national average for a gallon of regular gas rose 2 cents to $4.29 Friday, according to the AAA, compared with $3.07 a gallon a year ago. Stay on top of your portfolio with real-time data, historical charts and the latest news on oilHigher oil prices have weighed on stocks. The price for a barrel of Brent crude oil leaped four per cent on Thursday and has shot up from less than $97 at the start of the month on uncertainty about when the war with Iran will allow the global energy industry to return to normal.

Carney ‘disappointed’ in Hoekstra’s foreign interference allegations
ISTANBUL/OTTAWA -- Prime Minister Mark Carney said he is “disappointed” in ongoing allegations from U. S. Ambassador to Canada Pete Hoekstra, who is accusing Canadian politicians of interfering in the upcoming U. S. midterm elections. “There is no merit to these claims, so I’ll call it out that way,” Carney said while speaking to reporters in Istanbul on Friday. “I’m disappointed that their envoy sees that it’s his role to make these suggestions.”Carney added that Canada is “very careful” to make sure the country “not be seen to” interfere and referenced Canada’s “deep diplomatic presence” in the United States. Earlier this month, Hoekstra warned Canadian leaders to stay out of American politics while speaking to “The Really Big Show” podcast and accused several Canadian politicians, including Industry Minister Mélanie Joly, of meddling in close U. S. midterm races. The U. S. Embassy to Canada, meanwhile, released a fact sheet this week outlining alleged instances of foreign interference in 2025 and 2026, pointing to Joly along with Ontario Premier Doug Ford and Liberal MP Anthony Housefather.
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