• Russian oil exports by Arctic route jump amid world freight crisis, data shows

    Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
    Date: 2026-10-19 14:32:47.0
    Tags: [National, Energy, Trade, Resources, Defence]

    Russian oil exports through the Northern Sea Route (NSR) in 2026 increased by nearly 50 per cent compared to the previous year, with approximately 20 million barrels shipped from July to mid-October. Driven by global freight crises, wars in Ukraine and the Middle East, and disruptions in the Suez Canal, Strait of Hormuz, and Black Sea, Asian refiners turned to the Arctic shipping lane as a viable alternative. Gazprom Neft and Rosneft's Vostok Oil project contributed to the rising volumes, while Russian President Vladimir Putin projected total annual cargo turnover via the NSR to reach 70 million tonnes by the end of the decade.

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  • 48% of northern Canadians say Trump’s U.S. is biggest threat to Arctic

    Source: Global News Politics
    Date: 2026-09-21 20:37:00.0
    Tags: [National, Defence, Trade, Governance, Resources]

    Polling data released by Quebec's Observatoire de la politique et la sécurité de l'Arctique (OPSA) indicates that 48 per cent of northern Canadians view the United States under President Donald Trump as the greatest threat to Arctic security, rising from 37 per cent the previous year. The survey of residents across Nunavut, Northwest Territories, Yukon, and Nunavik also shows that 60 per cent want the federal government to take a firm line on border and resource disputes, rather than negotiating compromises. Additionally, the findings follow recent U.S. security agreements with Denmark regarding Greenland and ongoing European Union proposals to make the Arctic a flagship joint project with Canada.

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  • Carney touts Arctic alliance with Norway during PM's visit to Ottawa, amid Russia threat

    Source: CBC Politics
    Date: 2026-09-21 01:36:21.0
    Tags: [National, Defence, Trade, Energy, Resources, Governance]

    Prime Minister Mark Carney met with Norwegian Prime Minister Jonas Gahr Støre in Ottawa on September 20, 2026, to advance bilateral defence cooperation in the Arctic, intelligence sharing, and potential investments from Norway's sovereign wealth fund. The talks follow Canada's July 2026 decision to purchase twelve submarines from a European shipbuilder in a collaborative arrangement involving Germany and Norway. Both leaders emphasized strategic cooperation in the High North, critical minerals, space capacity, and energy production amid rising security threats from Russia.

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  • What could greater cooperation between Canada and the EU look like?

    Source: Global News Politics
    Date: 2026-09-10 20:38:54.0
    Tags: [National, Trade, Economy, Defence, Resources, Energy]

    Prime Minister Mark Carney is scheduled to address the European Parliament in Strasbourg to explore a deepening of economic, security, and political partnerships between Canada and the European Union amidst escalating U.S. protectionist trade policies and tariffs. Building upon a cooperation framework established in June 2025, the potential partnership contemplates enhanced trade, regulatory alignment, and supply chain collaboration involving Canadian critical minerals, liquified natural gas, oil, and European defence procurement. Experts such as Christian Leuprecht and Aurel Braun highlight that while the EU represents a strategic partner for trade diversification and capital-intensive infrastructure projects, geographic and historical ties ensure the United States will remain a core trade partner.

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  • Canada has leverage in this trade fight, but economists warn it comes with a cost

    Source: CBC Politics
    Date: 2026-08-30 08:00:00.0
    Tags: [National, Trade, Economy, Energy, Resources, Defence]

    In response to the Trump administration imposing 50 per cent tariffs on approximately $27 billion worth of Canadian goods, Canadian federal officials and economists are weighing various economic levers, including export taxes and quotas on energy and potash, where Canadian commodities account for 63 per cent of U.S. oil imports and 80 per cent of potash imports. Additional retaliatory options discussed include restricting American access, altering defense procurement such as the F-35 fighter jet program, divesting from U.S. treasury bonds held by Canadian entities valued at $459.6 billion USD, and implementing non-tariff measures like the Digital Services Tax. While Prime Minister Mark Carney and industry minister Mélanie Joly have enacted $28 billion in retaliatory tariffs and paused negotiations over trade disputes, economists warn that aggressive retaliatory measures could inflict greater short- and long-term economic damage on Canada than on the United States.

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