Trump says U.S. terminating trade talks with Canada ‘effective immediately’

Good morning. Buy-now-pay-later loans are creeping into daily life and, for now, hiding from credit checks – more on that below, along with Jasper’s graduating class of 2025 and a Canadian teen’s upset Wimbledon win. But first:Today’s headlinesThe U.S. Senate passes Trump’s big tax breaks and spending cuts bill as Vance breaks a 50-50 tieThe future of Canada’s corporate watchdog is uncertain as its top position remains vacantThousands of foreigners’ criminal convictions were forgiven by Ottawa over an 11-year span, raising transparency concerns