It’s Tuesday, May 5. Here are the top stories we’re following today.

Canada swings to trade surplus for first time in six months

Canada swung to a trade surplus for the first time since September 2025 as exports bounced back and imports fell.

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 Shopify Inc. stock has tumbled more than 20 per cent in 2026, reflecting investor concerns over artificial intelligence disruption. Shopify Inc. stock has tumbled more than 20 per cent in 2026, reflecting investor concerns over artificial intelligence disruption.

Shopify stock tumbles as company predicts growth slowdown ahead

Shopify Inc. slumped by about nine per cent Tuesday morning after it posted first quarter-revenue growth, but flagged a slowdown in growth.

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 Keyera Corp.’s acquisition of Plains All American would enhance domestic energy infrastructure and energy security, support economic resilience and establish a strong cross-Canada natural gas liquids corridor, according to the company. Keyera Corp.’s acquisition of Plains All American would enhance domestic energy infrastructure and energy security, support economic resilience and establish a strong cross-Canada natural gas liquids corridor, according to the company.

Competition Bureau challenges Keyera’s natural gas deal, says it could harm energy producers

The Competition Bureau is challenging Keyera Corp.’s proposed acquisition of natural gas assets in Alberta, saying the move could harm Canada’s energy producers and increase costs across the supply chain.

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 Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa on Jan. 28. Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa on Jan. 28.

Interest rate hikes possible if inflation and high energy prices become persistent, Tiff Macklem tells MPs

Bank of Canada stands ‘ready to respond as needed’ if high energy prices start being passed through to other goods and services, governor Tiff Macklem told the finance committee.

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Carney’s fiscal update plays a charming tune, but falls off at the end

Canada wasn’t built by a marketing campaign and won’t be saved by one. It’s time to stop dancing to Mark Carney’s music, writes Kim Moody.

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