Canada–U.S. Trade Truce: Trump says a “deal” is close and has paused the threatened 50% tariffs on about $20B of Canadian imports for three days, pushing the effective date to Aug. 22 while paperwork is finalized; negotiators are also discussing lower sector rates, including autos and metals. Autos & Metals Rates: Bloomberg/Reuters report the emerging terms could cut Canadian-built car/truck tariffs to 15% (from 25%) and steel/aluminum to 25% (from 50%), with details still being worked out. Booze Back on Shelves: Prime Minister Carney has asked provinces to lift U.S. alcohol bans as part of the talks, with Nova Scotia and others weighing changes. Prairies Impact: Saskatchewan Premier Scott Moe says the pause is a win, but warns tariff exposure hits specific industries hard even when the overall share looks small. Manitoba 911 Pressure: Premier Wab Kinew says he’s pushing Bell Canada to prevent another 911 outage after a Brandon routing failure left nearly 90 calls unconnected. ICC vs. U.S. Sanctions: The International Criminal Court calls new U.S. sanctions on its president and senior staff a “flagrant attack” on its independence. Climate & Trade Costs: EU carbon border rules are set to add reporting and verification costs for Canadian exporters, especially steel and aluminum. RBC Leadership: RBC hires former Ontario cabinet minister Caroline Mulroney as vice chair. Scam Alert: Canada’s phone delivery fraud continues, with reported losses topping 17M in the first half of 2026.