The Daily Canuck 11.05.2026

Research evidence excerpt

The Daily Canuck 11.05.2026

ng reliance on the United

States amid ongoing tariff pressures on steel, aluminum and autos. He defended recent government

spending cuts and said Canada would continue pursuing a strong trade relationship with the U.S.,

noting that more than 85% of goods still move across the border tariff free. Carney also signaled

openness to deeper integration with the U.S. in selected sectors, while stressing that Canada is

prepared to diversify trade and invest in new markets if necessary, rewarding domestic production and

innovation. A key theme of his remarks was the development of a national artificial intelligence strategy

focused on safe and sovereign technology that supports economic growth and public services. The

summit featured cabinet ministers Mélanie Joly, Anita Anand and François Philippe Champagne, along

with former U.S. president Barack Obama. Discussions throughout the day addressed global trade

disruption, democratic resilience, digital transformation and the international impact of U.S. policy

decisions. In closing, Carney urged bold action in uncertain times, arguing that progress requires

renewed risk taking.

Chart of the Day

Last Friday, we published our Q1-26 full review for:

DFY: DFY's Q1 results strengthen our conviction in its growth story and integration upside.•

The company delivered a better-than-expected quarter that showcased the benefits of its

transformative acquisition, while still managing risks well. We remain confident that Definity can

achieve its synergy targets and drive attractive earnings growth through 2027. All told, DFY's

results provide a solid foundation for the year and reinforces the positive outlook ahead. For

details, see "DFY 1Q26 Review: Already Reaping What It Sowed".