U.S. Congress passes resolution to end Canada tariffs but president is likely to veto it.

The U.S. Congress passed legislation to end tariffs on Canadian imports, and the article reports the U.S. president is likely to veto the bill. Several Canadian companies reported fourth‑quarter results or announced leadership and operational plans.

The U.S. House of Representatives passed legislation intended to end President Donald Trump’s tariffs on Canadian imports. The vote is described as a political shift in the Republican‑led chamber ahead of the midterm elections. The article notes the president is likely to veto the bill, making it unlikely to become law. The same report summarizes corporate results and leadership changes across several Canadian companies. Key developments: - The U.S. Congress passed a resolution to end tariffs on Canadian imports; the president is reported as likely to veto the bill. - Telus announced that CEO Darren Entwistle will retire in June and that former CIBC CEO Victor Dodig will take over; Telus reported fourth‑quarter revenue and profit slightly below estimates and provided a 2026 outlook of 2–4% adjusted profit growth, 10% higher consolidated free cash flow, and a 10% decline in capital expenditures. - Bombardier reported fourth‑quarter profit above expectations and noted a recent US$1 billion deal with Vista for more than 40 aircraft over the next decade; the company forecasted more than US$10 billion in revenue while delivering over 157 planes and the article noted past U.S. tariff threats could affect future negotiations. - Restaurant Brands reported fourth‑quarter revenue and profit above expectations, driven by higher sales at Tim Hortons and Burger King, with international sales up 16% year‑over‑year and a raised dividend. - McDonald’s posted fourth‑quarter revenue and profit that beat estimates and said promotional items helped attract customers; the company plans to open more than 2,500 new locations in 2026 and expand extra‑value meal offerings. Summary: The congressional vote signals a change in the House’s stance on tariffs but, according to the report, a presidential veto makes the measure unlikely to become law. Corporate reports were mixed: some companies beat expectations, others missed slightly, and several issued outlooks or announced leadership transitions. President’s action on the bill and planned leadership changes — such as Telus’s CEO transition in June — are the immediate next items noted by the article.