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Ottawa and Alberta Forge Landmark Energy Accord

Prime Minister Mark Carney, left, meets with Alberta Premier Danielle Smith in Calgary on Thursday.   In a move that could redefine Canada’s energy landscape, Ottawa and Alberta have signed a new energy deal aimed at strengthening cooperation between the federal government and the province. The agreement signals a major shift in their often-contentious relationship, focusing on shared priorities such as clean energy investment, emissions reduction, and economic growth. The deal outlines commitments to expand renewable energy projects, modernize infrastructure, and support workers transitioning from traditional oil and gas sectors. Both sides emphasized that the accord is designed to balance Alberta’s economic reliance on energy production with Ottawa’s national climate goals. Observers note that this agreement could mark the beginning of a more collaborative era, reducing political friction and positioning Canada as a stronger player in the global energy transition.
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US Stocks Waver Amid Rate Cut Speculation



As the financial world turns its gaze towards the Federal Reserve, US stocks have shown a slight decline. Investors are eagerly anticipating a speech from Jerome Powell, the Fed Chair, which could provide hints on the future of interest rates. The S&P 500 has seen a minor dip, while the Dow Jones remains unsteady. The Nasdaq, largely influenced by tech, has taken a more significant hit after a collective downturn.

The market’s early-year rally has been dampened by strong economic indicators, which have lessened the likelihood of the anticipated three Fed rate cuts. The Atlanta Fed’s Raphael Bostic predicts the first rate reduction might not occur until the year’s final quarter.

Amidst these developments, all eyes are on the outcome of Disney’s proxy fight with Nelson Peltz, as well as the impact of a major earthquake on TSMC’s operations, a key supplier to tech giants like Apple and Nvidia. Intel’s shares have also dropped following a report of increased operating losses. The financial community is on alert, waiting for signals that could steer the economic course.

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