These prophets of economic doom are worried about another collapse - The Washington Post

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.

Trade WarUpdated: October 20, 2026 at 10:00p.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. Alberta Premier Danielle Smith says as long as she is premier, she will not call a second referendum on the question of separation. The premier put the matter to rest in a televised update at 6:45 p.m. MT while urging separatists to give Ottawa another chance. 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 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.