Canada's annual inflation rate accelerated to 3% in July, slightly more than expected, as renewed United States-Iran tensions drove gasoline prices, while the cost of travel tours also rose.
The Canada Revenue Agency has found some revenues for the U.S. pharmaceutical giant Eli Lilly's LLY.N Canadian arm behind diabetes and weight-loss medication Mounjaro lower than expected and suspects the company didn't pay enough taxes in 2020.
The Globe and Mail: Trade negotiations and trucking oversight
Lumber and auto tariffs remained the biggest points of contention as Canadian and U.S. trade negotiations over the weekend culminated with a meeting between Canadian minister responsible for U.S. trade relations, Dominic LeBlanc and U.S. Trade Representative Jamieson Greer.
A Canadian trucking association has said the transportation regulator should have a bigger role in monitoring driving schools.
LLY•
