Lutnick ‘driving force’ behind re-engagement with Canada: sources
Published . Updated .
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U.S. Commerce Secretary Howard Lutnick, whose last-minute demands led to trade talks breaking down in August, has become the behind-the-scenes “driving force” pushing Canada and the U.S. to re-engage on a deal, multiple sources tell CTV News.
Directly affected
- No company is named in this report.
Indirectly affected
- XLI Industrial Select Sector SPDR-0.3% 30d
Industrial Select Sector SPDR: it holds companies hit by import costs and trade rules. Linked by “trade talks” (tariffs and trade) in this story.
- XRT SPDR S&P Retail ETF
SPDR S&P Retail ETF: it holds companies hit by import costs and trade rules. Linked by “trade talks” (tariffs and trade) in this story.
- EWC iShares MSCI Canada ETF+0.9% 30d
iShares MSCI Canada ETF holds stocks listed in Canada, which this story is about (“canada”).
- CAT Caterpillar-31.9% 30d
Caterpillar (construction machinery and equip): importers and exporters pay or lose sales when tariffs change. Linked by “trade talks” (tariffs and trade) in this story.
- DE Deere-2.2% 30d
Deere (farm machinery and equipment): importers and exporters pay or lose sales when tariffs change. Linked by “trade talks” (tariffs and trade) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): importers and exporters pay or lose sales when tariffs change. Linked by “trade talks” (tariffs and trade) in this story.
- NKE Nike+6.7% 30d
Nike (rubber and plastics footwear): importers and exporters pay or lose sales when tariffs change. Linked by “trade talks” (tariffs and trade) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| XLI | -0.27% | +0.65% | base | +1.38% | +2.35% | +1.21% | -2.81% |
| XRT | -1.50% | -2.24% | base | +2.01% | +0.06% | +5.59% | +2.41% |
| EWC | +0.40% | +1.48% | base | +0.33% | -0.68% | +2.09% | -0.70% |
| CAT | +11.08% | +14.72% | base | -1.47% | +0.17% | -5.07% | -11.13% |
| DE | -5.07% | -5.14% | base | -1.14% | -1.38% | +0.01% | -1.57% |
| WMT | -2.61% | -3.79% | base | +3.40% | +1.05% | +5.32% | +3.98% |
| NKE | -2.04% | -3.94% | base | +1.14% | -0.56% | +4.61% | +2.25% |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Lutnick ‘driving force’ behind re-engagement with Canada: sources CTV News
Source: CTV News
This story
| Company | When | Move | Status |
|---|---|---|---|
| CAT | that day | -1.47% | final price |
| CAT | the next day | +0.17% | final price |
| CAT | two days later | -5.07% | final price |
| CAT | three days later | -11.13% | final price |
| CAT | three days earlier | +14.72% | final price |
| CAT | five days earlier | +11.08% | final price |
| DE | that day | -1.14% | final price |
| DE | the next day | -1.38% | final price |
| DE | two days later | +0.01% | final price |
| DE | three days later | -1.57% | final price |
| DE | three days earlier | -5.14% | final price |
| DE | five days earlier | -5.07% | final price |
| EWC | that day | +0.33% | final price |
| EWC | the next day | -0.68% | final price |
| EWC | two days later | +2.09% | final price |
| EWC | three days later | -0.70% | final price |
| EWC | three days earlier | +1.48% | final price |
| EWC | five days earlier | +0.40% | final price |
| NKE | that day | +1.14% | final price |
| NKE | the next day | -0.56% | final price |
| NKE | two days later | +4.61% | final price |
| NKE | three days later | +2.25% | final price |
| NKE | three days earlier | -3.94% | final price |
| NKE | five days earlier | -2.04% | final price |
| WMT | that day | +3.40% | final price |
| WMT | the next day | +1.05% | final price |
| WMT | two days later | +5.32% | final price |
| WMT | three days later | +3.98% | final price |
| WMT | three days earlier | -3.79% | final price |
| WMT | five days earlier | -2.61% | final price |
| XLI | that day | +1.38% | final price |
| XLI | the next day | +2.35% | final price |
| XLI | two days later | +1.21% | final price |
| XLI | three days later | -2.81% | final price |
| XLI | three days earlier | +0.65% | final price |
| XLI | five days earlier | -0.27% | final price |
| XRT | that day | +2.01% | final price |
| XRT | the next day | +0.06% | final price |
| XRT | two days later | +5.59% | final price |
| XRT | three days later | +2.41% | final price |
| XRT | three days earlier | -2.24% | final price |
| XRT | five days earlier | -1.50% | final price |
Trades by members of Congress and officials in the stocks in this story
- Rep. Lisa McClain bought Caterpillar (CAT) (held by a spouse), worth $1,001 - $15,000 on 28 Sep 2026. That is 35 days before publication. Filed 12 Oct 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 31 days before publication. Filed 27 Oct 2026. View the filing.
- Rep. Jonathan Jackson sold Walmart (WMT) (jointly held), worth $50,001 - $100,000 on 28 Sep 2026. That is 35 days before publication. Filed 19 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 25 Sep 2026. That is 38 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Nike (NKE), worth $15,001 - $50,000 on 28 Aug 2026. That is 66 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Gilbert Cisneros sold Nike (NKE), worth $15,001 - $50,000 on 27 Aug 2026. That is 67 days before publication. Filed 10 Sep 2026. View the filing.
- Donald J Trump, an executive branch official, sold Nike (NKE), worth $100,001 - $250,000 on 21 Aug 2026. That is 73 days before publication. Filed 8 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100
“Lutnick ‘driving force’ behind re-engagement with Canada: sources” scores 12 out of 100. The score uses 1 sources.