AGP Executive Report
Last update: 4 hours agoG7 Energy & Sanctions: G7 leaders meeting in Évian, France backed stronger sanctions on Russia, including its oil and gas sectors, and pointed to a U.S.-Iran ceasefire path that could reopen the Strait of Hormuz—key for global crude flows. Critical Minerals: The bloc also set targets to cut dependence on single non-G7 suppliers (including China) to below 60% by 2030, aiming to curb coercion risks in rare earth and other minerals supply chains. Canada-US-Iran Role: Prime Minister Mark Carney said Canada will help implement the U.S.-Iran peace deal if appropriate, including possible third-party oversight on how funds are used. Oil Market Watch: A Canadian portfolio manager said oil could hold an ~$80 floor even after Hormuz reopens, as inventories get restocked after months of disruption. Alberta Cost of Living: Premier Danielle Smith is set to announce new measures for Albertans, with the debate centering on whether the provincial fuel tax will be reduced as oil prices move. Ontario Nuclear Supply Chain: Ontario announced a partnership to expand SMR component manufacturing for Europe, including safety valves for BWRX-300 projects. Power & Data Centres: HIVE Digital Technologies unveiled a plan for 850 MW of sovereign compute by 2030, including a new 320 MW AI gigafactory in the GTA.
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.
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