A Canadian Pacific train derailed in rural North Dakota Sunday night and spilled hazardous materials. But local authorities and the railroad said there is no threat to public safety.
President Joe Biden said he was confident U.S. regional banks were in good shape and didn’t forsee any major crises on the horizon, downplaying Wall Street angst and lingering fears of broader financial turmoil.
As the leaders of Canada and the U.S. meet in Ottawa, a former federal industry minister says China is a sticky subject that will likely remain a long-term complicating factor in North American relations.
It's been less than three years since the U.S.-Mexico-Canada Agreement replaced NAFTA as the law of the land in continental trade, and there are already hints of the existential anxiety that preceded it.
A Canadian portfolio manager said he thinks North American banks are in better shape than Europe’s in the wake of the Credit Suisse’s downfall and uncertainty about what’s next in the global financial sector.
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