Here are five things you need to know this morning
Trump privately weighs quitting CUSMA: Bloomberg News is reporting U.S. President Donald Trump is privately considering exiting the CUSMA North American trade pact. The report says the president has asked his aides why he should not withdraw from the agreement. This week, U.S. trade representative Jamieson Greer said the administration would hold separate talks with Mexico and Canada, arguing that trade ties with Canada are more strained. CUSMA is set for a mandatory review before a possible extension on July 1.
Shopify surges: Shares of Shopify traded up by as much as 14 per cent in the premarket. The e-commerce platform provider beat revenue estimates with a 31 per cent rise in fourth quarter. The Ottawa-based company says 2025 saw strength in merchant sizes and regions, adding it set the foundation for a new era of AI commerce in the last year. Shopify says it expects revenue to grow at a “low-thirties percentage rate” in the first quarter of this year. It has also authorized a share buyback program of up to US$2 billion.
US$1.18 billion Bombardier order: Bombardier says it has won a 40‑plane order for its Challenger 3500 aircraft from private‑jet firm Vista. The US$1.18 billion deal sees Bombardier delivering aircraft over the next decade. Vista also says it has the option to purchase another 120 planes in the future. The deal comes after recent comments by U.S. President Trump, who threatened to impose 50 per cent tariffs on Canadian aircraft.
Pausing the split: Shares of Kraft Heinz came under pressure in the pre-market. The American firm is pausing its planned split into two companies. The CEO says challenges are fixable and within control. Heinz will instead invest in marketing, research and development, and “product superiority and select pricing.” Fourth quarter sales and revenue for the packaged foods company were down, and their full year guidance for sales and profit also missed estimates.
Profit drop at Cineplex: Cineplex’s profit was down in the fourth quarter as a drop in moviegoers hurt box office revenue. Theatre attendance fell by nearly nine per cent in the quarter. The company says 2025 lacked big blockbuster films but expects this to change in 2026. On the upside, the Toronto-based company’s revenue met estimates, with international programming and premium experiences being major contributors to attendance.
