U.S. futures mostly higher as Wall Street digests earnings from SpaceX, Netflix

PoliticsPublished: October 21, 2026 at 11:39a.m. EDTPrime Minister Carney says he is speaking to premiers and ministers to assess and maintain immigration rates at ‘sustainable levels.’ OTTAWA — Prime Minister Mark Carney says Ottawa will “not budge” from its goal of making immigration intake numbers sustainable and the federal government is “getting them to that level now.”Carney says he’s been in talks with the provinces about getting immigration “to the right levels” as well about how new Canadians can be most effectively distributed across the country and the economy. His comments come after just over a million Albertans voted yes to a referendum question calling for more provincial control over immigration policy to reduce the number of newcomers to “sustainable levels.”About 53 per cent of voters said ‘yes’ to that question. Conservative Leader Pierre Poilievre said Tuesday the Liberals have let immigration run “totally out of control” and provinces should have more control over immigration numbers because they have to deliver services for newcomers.

Published: October 21, 2026 at 11:26a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. MONTREAL — The Public Sector Pension Investment Board has signed a deal to launch a joint venture with Nuveen Real Estate to invest in open-air shopping centres in the United States. The partnership is starting with a US$790-million portfolio. PSP Investments says the strategy is demographically driven, focusing on open-air shopping centres anchored by grocers, necessity-based retailers, and essential services. Latest updates on investing hereIt is targeting U. S. metro areas with strong population growth, rising household incomes and high barriers to entry, where retailers are seeking to expand. To date, PSP Investments and Nuveen say they have closed deals on 19 assets in Virginia, Arizona, Florida, Minnesota, Texas, California, Colorado, and Washington. PSP Investments invests money for the pension plans of the federal public service, the Canadian Forces, the Royal Canadian Mounted Police, and the Reserve Force.---This report by The Canadian Press was first published Oct. 21, 2026.

Published: October 21, 2026 at 10:45a.m. EDTMark Carney’s trip to Türkiye Wednesday marks the first ever bilateral visit to the country by a Canadian prime minister. Carney will sit down with Turkish president Recep Tayyip Erdogan in Ankara Wednesday, before heading to Istanbul for a series of business meetings. His office is not releasing who else he plans to meet with ahead of the trip. While Reuters reports Canada and Türkiye will sign a joint declaration aimed at deepening ties in four areas including defence and energy, senior officials repeatedly declined to say what announcements are expected, beyond that something would be announced. How to set CTV News as your preferred source on GoogleAnother government source suggested what’s in the works is not finalized enough to the point of being able to share. Officials did say the areas of trade focus include defence, energy, mining, tech and agriculture. University of Ottawa international affairs professor Thomas Juneau calls Türkiye a “competitive autocracy” – too far removed to be considered a democracy.

Published: October 21, 2026 at 10:45a.m. EDTMark Carney’s trip to Türkiye Wednesday marks the first ever bilateral visit to the country by a Canadian prime minister. Carney will sit down with Turkish president Recep Tayyip Erdogan in Ankara Wednesday, before heading to Istanbul for a series of business meetings. His office is not releasing who else he plans to meet with ahead of the trip. While Reuters reports Canada and Türkiye will sign a joint declaration aimed at deepening ties in four areas including defence and energy, senior officials repeatedly declined to say what announcements are expected, beyond that something would be announced. How to set CTV News as your preferred source on GoogleAnother government source suggested what’s in the works is not finalized enough to the point of being able to share. Officials did say the areas of trade focus include defence, energy, mining, tech and agriculture. University of Ottawa international affairs Prof. Thomas Juneau calls Türkiye a “competitive autocracy” – too far removed to be considered a democracy.

Company NewsPublished: October 21, 2026 at 10:07a.m. EDTBNN Bloomberg is Canada’s definitive source for business news dedicated exclusively to helping Canadians invest and build their businesses. AT&T raised its annual adjusted profit forecast on Wednesday after beating quarterly revenue and profit estimates, betting on its service bundles to drive growth and keep customers from switching to rivals. About 43 per cent of households signing up for AT&T’s internet services also opt for its wireless plans, helping the company build stickier customer relationships and reduce disconnects as competition intensifies in the U. S. telecom market.

Trade WarPublished: October 21, 2026 at 9:18a.m. EDTIndustry Minister Melanie Joly says Stelco owner Clevland-Cliffs has ‘spoken in favour of U. S. tariffs,’ putting Canadian jobs at risk. OTTAWA — Prime Minister Mark Carney and Ontario Premier Doug Ford are expected to unveil a new suite of supports for the steel and auto sectors hit by U. S. tariffs. Carney’s itinerary says he will meet with Ford on Parliament Hill today, with a joint announcement to follow. You can watch what is expected to be a major announcement for steel and auto sectors hit by U. S. tariffs LIVE here today at 2 p.m. ET on CTVNews.ca, the CTV News App, CP24.com and the CP24 AppA source with knowledge of the announcement but not authorized to speak publicly about the details, says support for critical minerals is also on the table. Carney and Ford’s respective finance ministers are also expected to be on hand. On Tuesday, federal Finance Minister François-Philippe Champagne said the Carney government will deliver its second budget on Nov. 5. Carney is set to depart for Ankara, Turkey later today. This report by The Canadian Press was first published Oct. 21, 2026.