Today’s the last day for Canadian industry leaders to formally have their say on the government’s counter-punch against the United States’ steel and aluminum tariffs. $16.6-billion in imports from the States are targeted in the feds’ dollar-for-dollar countermeasures, running the gamut from steel products to mayonnaise, whiskey and toilet paper. BNN Bloomberg's Jameson Berkow will focus on Ottawa’s strategy, and we’ll hear why the grassroots 'Buy Canadian' movement isn’t as easy as it sounds.

GETTING THE MESSAGE OUT ON TRADE

Canadian MPs and Senators are playing host to American Senators and members of the House of Representatives today in Ottawa for the Canada-U.S. IPG annual meeting. Great opportunity to get the message out. But does it really matter so long as U.S. President Donald Trump is flexing his muscle on Section 232? We’ll track developments.

GOOSE BLOWOUT

Amazing growth posted today by Canada Goose. Full-year revenue surged 46 per cent to $591 million. Net income more than quadrupled to $96.1 million. Fourth-quarter adjusted profit of $0.09/share defied expectations for a loss. And the parka maker isn't resting on its laurels, with a target for 20 per cent sales growth this fiscal year and plans for more standalone stores

TRUMP’S CHINA TARIFFS

No word on how or when details will be released, but Trump is said to have made up his mind on tariffs targeting US$50 billion worth of Chinese goods. We’ll watch for details and any reaction from Beijing.

TSX NEAR ALL-TIME HIGH

With yesterday’s 65-point gain, the TSX Composite Index closed 92.5 points shy of its all-time intraday high. We’ll be on alert today for a new record and will keep tabs on what’s led the way and what’s been left behind since records were notched on Jan. 4.

NOTE: Record intraday high is 16,421.42; record closing high is 16,412.94. Both were set on Jan. 4, ‘18.  

AECON CEO BREAKS SILENCE

We’re speaking with John Beck this morning for the first time since the Trudeau government blocked his company’s sale to China Communications Construction Company. Looking forward to his perspective on being stymied, the implications for landing contracts, and his strategy for moving on without the deep-pocketed backing of a Chinese state-owned firm. Watch for it at 8:45 a.m. ET.

OTHER NOTABLE STORIES

-The Ontario Securities Commission is alleging Caldwell Investment Management misled clients and failed to execute trades at the best possible terms. A hearing on the matter is scheduled for July 3. Caldwell said in a statement it has been in talks with the regulator’s staff and is “working to resolve the issues.”

-Japan is halting imports of Canadian wheat. Our Bloomberg partners are pointing to a Canadian Food Inspection Agency notice published yesterday after genetically-modified wheat was identified in Alberta (http://www.inspection.gc.ca/plants/plants-with-novel-traits/general-public/wheat-detection-2018/cfia-statement/eng/1523593477968/1523593478280)

NOTABLE RELEASES/EVENTS

-Notable earnings: Canada Goose

-Notable data: Canadian international securities transactions, Canadian manufacturing sales, Canadian existing home sales, U.S. industrial production, U.S. consumer sentiment

-9:00 a.m. ET: Agriculture Minister Lawrence MacAulay and U.S. Agriculture Secretary Sonny Perdue hold media avail in Midgell, PEI

-10:30 a.m. ET: Brookfield Asset Management holds annual meeting in Toronto

-10:30 a.m. ET: Ontario Premier-Designate Doug Ford holds media avail in Toronto to discuss one of his government’s “first priorities for the people”

-11:30 a.m. ET: OSC hearing to decide on proposed settlement with former Aston Hill Financial President Ben Cheng stemming from Amaya insider tipping allegations. http://www.osc.gov.on.ca/en/Proceedings_soa_20171026_chengb.htm

Every morning BNN's Managing Editor Noah Zivitz writes a ‘chase note’ to BNN Bloomberg's editorial staff listing the stories and events that will be in the spotlight that day. Have it delivered to your inbox before the trading day begins by heading to www.bnnbloomberg.ca/subscribe.