{"id":33371,"date":"2026-05-05T22:13:19","date_gmt":"2026-05-05T22:13:19","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/33371\/"},"modified":"2026-05-05T22:13:19","modified_gmt":"2026-05-05T22:13:19","slug":"news-of-the-day-canada-trade-surplus-shopify-shares-slump-keyera-acquisition-interest-rate-hikes-carneys-fiscal-update-and-more","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/33371\/","title":{"rendered":"News of the day: Canada trade surplus, Shopify shares slump, Keyera acquisition, interest rate hikes, Carney&#8217;s fiscal update and more"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">It\u2019s Tuesday, May 5. Here are the top stories we\u2019re following today.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canada-swings-to-trade-surplus-for-first-time-in-six-months\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Canada swings to trade surplus for first time in six months;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Canada swings to trade surplus for first time in six months&quot;}\" class=\"link \">Canada swings to trade surplus for first time in six months<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Canada swung to a trade surplus for the first time since September 2025 as exports bounced back and imports fell.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canada-swings-to-trade-surplus-for-first-time-in-six-months\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/05\/5650c1d44498a67fb3ca4191220e20c7.jpeg\" alt=\" Shopify Inc. stock has tumbled more than 20 per cent in 2026, reflecting investor concerns over artificial intelligence disruption.\" loading=\"eager\" height=\"720\" width=\"960\" class=\"yf-lglytj  loaded\"\/>  Shopify Inc. stock has tumbled more than 20 per cent in 2026, reflecting investor concerns over artificial intelligence disruption.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/technology\/shopify-stock-tumbles-predicts-growth-slowdown\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Shopify stock tumbles as company predicts growth slowdown ahead;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Shopify stock tumbles as company predicts growth slowdown ahead&quot;}\" class=\"link \">Shopify stock tumbles as company predicts growth slowdown ahead<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Shopify Inc. slumped by about nine per cent Tuesday morning after it posted first quarter-revenue growth, but flagged a slowdown in growth.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/technology\/shopify-stock-tumbles-predicts-growth-slowdown\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Keyera Corp.\u2019s 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.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Keyera Corp.\u2019s 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.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/commodities\/energy\/competition-bureau-challenges-keyeras-natural-gas-deal\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Competition Bureau challenges Keyera\u2019s natural gas deal, says it could harm energy producers;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Competition Bureau challenges Keyera\u2019s natural gas deal, says it could harm energy producers&quot;}\" class=\"link \">Competition Bureau challenges Keyera\u2019s natural gas deal, says it could harm energy producers<\/a><\/p>\n<p class=\"yf-1fy9kyt\">The Competition Bureau is challenging Keyera Corp.\u2019s proposed acquisition of natural gas assets in Alberta, saying the move could harm Canada\u2019s energy producers and increase costs across the supply chain.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/commodities\/energy\/competition-bureau-challenges-keyeras-natural-gas-deal\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa on Jan. 28.\" loading=\"lazy\" height=\"719\" width=\"960\" class=\"yf-lglytj loader\"\/>  Tiff Macklem, governor of the Bank of Canada, during a news conference in Ottawa on Jan. 28.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/interest-rate-hikes-possible-if-inflation-and-high-energy-prices-become-persistent-tiff-macklem-tells-mps\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Interest rate hikes possible if inflation and high energy prices become persistent, Tiff Macklem tells MPs;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Interest rate hikes possible if inflation and high energy prices become persistent, Tiff Macklem tells MPs&quot;}\" class=\"link \">Interest rate hikes possible if inflation and high energy prices become persistent, Tiff Macklem tells MPs<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Bank of Canada stands \u2018ready to respond as needed\u2019 if high energy prices start being passed through to other goods and services, governor Tiff Macklem told the finance committee.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/interest-rate-hikes-possible-if-inflation-and-high-energy-prices-become-persistent-tiff-macklem-tells-mps\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\"\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>     <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/carneys-fiscal-update-charming-tune-financial-cliff\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Carney\u2019s fiscal update plays a charming tune, but falls off at the end;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Carney\u2019s fiscal update plays a charming tune, but falls off at the end&quot;}\" class=\"link \">Carney\u2019s fiscal update plays a charming tune, but falls off at the end<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Canada wasn\u2019t built by a marketing campaign and won\u2019t be saved by one. It\u2019s time to stop dancing to Mark Carney\u2019s music, writes Kim Moody.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/carneys-fiscal-update-charming-tune-financial-cliff\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s Tuesday, May 5. Here are the top stories we\u2019re following today. Canada swings to trade surplus for&hellip;\n","protected":false},"author":2,"featured_media":33372,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[693,17,14928,14855],"class_list":{"0":"post-33371","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-bank-of-canada","9":"tag-canada","10":"tag-competition-bureau","11":"tag-trade-surplus"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/33371","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=33371"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/33371\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/33372"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=33371"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=33371"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=33371"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}