Canada’s economy is poised to enter a recession as soon as the third quarter, and it’s going to be a painful one for many people, according to Manulife Investment Management’s global chief economist.

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Agnico Eagle Mines Ltd., one of the world’s largest gold producers, has reduced activities “at times” within its Quebec mines since Tuesday due to air quality issues from wildfires sweeping across the Canadian province.

Brookfield Asset Management Ltd. has agreed to acquire London—listed Network International Holdings Plc for about £2.2 billion (US$2.8 billion) to expand its presence in credit card processing in the Middle East.

A look at what investors will be watching in the upcoming week.

Shares in Saputo Inc. closed down by 11 per cent Friday after the company's chief executive cautioned negative consumer sentiment could dampen the outlook for the start of its 2024 fiscal year.

Raging wildfires and smoky skies across much of Canada have put a damper on travel this summer, resulting in cancelled plans and closed businesses.

Smoke and flames continue to engulf much of Canada, with Alberta imposing new evacuation orders, Manitoba bracing for heavy, lightning-generating thunderstorms and high wildfire risks and poor air quality from coast to coast.

Losses in the base metal and industrial stocks helped lead Canada's main stock index lower in late-morning trading, while U.S. stock markets inched higher.

Donald Trump has been indicted over his refusal to return classified documents found at his Florida home, according to three people familiar with the matter.

Canada will join a trade dispute initiated by the US over Mexico’s restrictions on genetically modified corn imports.

Oil was largely unchanged this week as demand concerns returned to the fore, snuffing out gains driven by Saudi Arabia’s unilateral pledge to cut production.