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Premiers Split on Using Potash as a Trade Weapon — What It Means for Your Grocery Bill

  Published August 31, 2026 Canada's premiers can't agree on how far to take the trade war with the United States — and this week, the fight is over a grey mineral mined almost 2,000 kilometres from Ottawa: potash. The disagreement matters well beyond provincial politics. Potash is the "P" and "K" of fertilizer economics — a key ingredient in the blends that grow the wheat, canola, and corn that eventually show up as bread, canola oil, and everything fed to livestock. Canada supplies about 85% of the potash the U.S. uses, which is exactly why some premiers see it as leverage — and why others are warning that pulling that lever could backfire on the very provinces pushing for it. Ford wants to pull the lever. Moe and Smith are warning not to. Ontario Premier Doug Ford is pushing for the toughest response available, including resource-based leverage. Saskatchewan's Scott Moe and Alberta's Danielle Smith are pumping the brakes, warning that squeezing po...
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Stock Market Today: Indices Rebound as Investors Seek Recovery

US stock futures are pointing to gains today as investors look to build on Tuesday’s trading session that snapped a three-day losing streak. After a bruising sell-off on Monday, traders have recovered some losses, and the market is showing signs of resilience.

Key Points:

  1. Tuesday’s Rebound: The S&P 500 and Nasdaq 100 rose about 1% in Tuesday’s trading session, driven by investor optimism. Concerns about an imminent recession have subsided, and the CBOE Volatility Index (VIX) plunged 29%, indicating that investors are buying the dip.

  2. Normal Market Behavior: Wall Street strategists emphasize that sharp declines in equity prices are normal. Pullbacks and corrections of 10% or more are typical in any bull market. Despite recent volatility, the overall economic outlook remains positive.

  3. Goldman Sachs CEO’s Perspective: Goldman Sachs CEO David Solomon downplayed the need for emergency interest rate cuts by the Federal Reserve. He believes the US economy will continue to grow, and a recession is unlikely.

  4. Sector Gains: The gains on Tuesday were broad-based, with sectors like technology (Nvidia and Meta Platforms) and healthcare (Eli Lilly) showing strength.

In summary, while market fluctuations can be unsettling, today’s rebound reflects investor confidence and a belief in the underlying strength of the economy.



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