We break down the first Canadian-dollar-backed stablecoin, CADD, and what a loonie-pegged token could mean for crypto adoption and Canadian financial sovereignty. Then, Canada’s cattle producers push back on a potential Mercosur trade deal they fear could flood the market with cheaper beef from Brazil and Argentina. Plus Ottawa’s new tariff-relief support for manufacturers, Alberta’s separatist petition for an independence referendum, and renewed conflict around shipping through the Strait of Hormuz.
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Fast Canadian business news. Get up-to-speed quick with a fun and smart breakdown of the three biggest Canadian and global business stories in less than 10 minutes.