AGP Executive Report
Last update: 4 hours agoCanada Investment Summit Push: Prime Minister Mark Carney pitched Canada as a “safe harbour” for global capital, targeting C$1 trillion in investment over five years while admitting U.S. ties still matter amid an escalating trade war. He highlighted critical minerals and clean energy, promised less red tape and tax incentives, and said Canada will open its four largest airports to private investment. EU Pivot on Energy & Security: Carney is set for Strasbourg and the European Parliament as the EU’s von der Leyen lays out priorities, with officials pointing to closer cooperation on trade, defence, digital security and energy/raw materials. Tax Incentives for Energy Buildout: A new Productivity Mega Deduction expands immediate expensing for assets including oil and gas pipelines and other infrastructure, aiming to cut the marginal effective tax rate on new investment. LNG Export Momentum: Ksi Lisims LNG signed a third international offtake deal, adding a 20-year LNG sale of 1 million tonnes per annum to Santos. Upstream Update: Valeura Energy reported a new “Suraphi” exploration discovery near its Manora field and completed development/appraisal work at its Jasmine field in Thailand’s Gulf. Trade War Pressure: An AP report says U.S.-Canada tariffs are hitting small businesses hardest, with higher energy costs from the Iran conflict compounding the squeeze.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.