{"id":578179,"date":"2026-08-01T02:37:11","date_gmt":"2026-08-01T02:37:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/578179\/"},"modified":"2026-08-01T02:37:11","modified_gmt":"2026-08-01T02:37:11","slug":"news-of-the-day-gdp-gains-ontario-nickel-mine-approval-oilpatch-growth-ignoring-rate-hike-risk-camecos-westinghouse-ipo-and-more","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/578179\/","title":{"rendered":"News of the day: GDP gains, Ontario nickel mine approval, oilpatch growth, ignoring rate hike risk, Cameco’s Westinghouse IPO and more"},"content":{"rendered":"

\"alberta-oil-0731-ph\"<\/a> Employees torque a pipe at a wedge well in Alberta. The oil and gas sector helped drive gross domestic product gains in May. (Credit: Brent Lewin\/Bloomberg) <\/p>\n

It’s Friday, July 31. Here are the top stories we’re following today. <\/p>\n

Canada’s GDP beats expectations as second quarter rebound gathers steam<\/a> <\/p>\n

Canada’s real gross domestic product grew by 0.3 per cent in May and early estimates show the economy expanded again in June, as a second quarter rebound gained steam. <\/p>\n

Read the story<\/a> <\/p>\n

\"The<\/a> The cost to build the Crawford mine would be about US$2 billion, but Canada Nickel Company Inc. will have to raise US$2.5 billion to cover interests and other aspects. <\/p>\n

Ottawa approves Ontario nickel mine that could be western world’s largest<\/a> <\/p>\n

Ottawa has approved the construction of a mine in Ontario that’s expected to be the largest nickel sulphide operation in the west, a key metal that’s used to build stainless steel and batteries of electric vehicles. <\/p>\n

Read the story<\/a> <\/p>\n

\"A<\/a> A pumpjack works in the foreground with a drilling rig in the back. Some oil and gas companies are investing in new projects to expand production. <\/p>\n

‘Excitement over growth again’: A shift in Canada’s oilpatch as some players eye expansion<\/a> <\/p>\n

After reporting billions of dollars in profits, some Canadian energy producers expect to return excess cash to the business by investing in new production \u2014 a sharp change from more than a decade of restraint. <\/p>\n

Read the story<\/a> <\/p>\n

\"A<\/a> A house that\u2019s been sold in London, Ont. <\/p>\n

Why so many borrowers are ignoring rate hike risk<\/a> <\/p>\n

Markets are pricing a 70 per cent chance of the Bank of Canada rate hike landing by December, but it’s not doing anything to stop borrowers from playing variable-rate roulette, writes Robert McLister. <\/p>\n

Read the story<\/a> <\/p>\n

\"The<\/a> The Braidwood Generating Station nuclear power plant in Braceville, Illinois, contains two Westinghouse reactors. <\/p>\n

Cameco’s Westinghouse files for IPO amid nuclear energy boom<\/a> <\/p>\n

Saskatoon-headquartered Cameco Corp. has taken the first steps to making its American nuclear power subsidiary a listed company on the U.S. stock market. <\/p>\n

Read the story<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"Employees torque a pipe at a wedge well in Alberta. The oil and gas sector helped drive gross…\n","protected":false},"author":2,"featured_media":578180,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,8129,61,60,243828],"class_list":["post-578179","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-gross-domestic-product","tag-ie","tag-ireland","tag-real-gross-domestic-product"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/578179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=578179"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/578179\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/578180"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=578179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=578179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=578179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}