Intro

Canada’s unemployment rate is at its highest in nearly a decade, excluding the first years of the pandemic. The economy lost 66,000 jobs last month. Particularly hard hit – industries most exposed to tariffs.

And: Prime Minister Mark Carney announces billions in funding he says will transform that faltering economy. He calls it the most comprehensive suite of trade measures in Canadian history. We have all the numbers you need to know. At the same time, the federal government is delaying the requirement for car makers to sell a certain amount of EVs every year. 

Also: A Quebec couple is among the dead in Lisbon’s funicular crash. The trip was meant to be a celebration. 

Plus: Canadian triumphs at the U.S. Open doubles final, Israel destroys building in Gaza City, and more.