News of the day: Bay du Nord offshore oil project, Brookfield and CPPIB buy LXP, SpaceX employee millionaires, inflation cools, economists’ reaction and more

Financial Post·July 20, 2026

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Brookfield and Canada Pension Plan Investment Board have acquired LXP Industrial Trust, while Canada's Bay du Nord offshore oil project moves forward amid ongoing energy sector developments. SpaceX employees become millionaires as the company's valuation grows, inflation shows signs of cooling, and economists react to the latest economic data.

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