Carney says Canada-US trade talks show slight improvement

The signal here is political, not economic: tariff pressure is being walked back because it has become a domestic liability ahead of the midterms, which gives Ottawa more leverage than the headline "slight improvement" implies. For Canadian exporters and cross-border supply chains, the operative question is whether any relief arrives as a durable agreement or as a pre-election gesture that could be unwound afterward. Watch whether the pre-November 3 window produces concrete terms or only rhetoric.