UK prime minister candidate Burnham said there are grounds to raise business rates on warehouses.

Prime Minister Mark Carney said the federal government has formally submitted a proposal to the Major Projects Office to advance a West Coast oil pipeline routing Alberta crude to the British Columbia coast. The project, to be developed by Trans Mountain with Pembina Pipeline as a private investor, is designed for about 1.0 mln bpd and aims to deliver Canadian crude to global markets; Ottawa and Alberta signed an MOU in Nov 2025 and a project implementation agreement in May 2026.

Blue Owl Capital shares rose 7.1%, the largest intraday gain since June 4.