• Ontario Future-Proofs Economy by Strengthening Local Utilities

  Source: Ontario - Ministry of Energy and Mines
  Date: 2026-10-27 15:09:00.0
  Tags: [Ontario, Energy, Infrastructure, Economy, Governance, Trade]

  In response to U.S. tariffs and a projected doubling of electricity demand requiring grid expansions equivalent to adding the City of Toronto every six years, Ontario Minister of Energy and Mines Stephen Lecce announced legislative and regulatory reforms targeting the province's 58 local distribution companies (LDCs). Citing Electricity Distributors Association forecasts projecting up to $120 billion in distribution investments over the next two decades, the government's initiatives include driving Buy Ontario and Buy Canada joint procurements, implementing 10-year capital and workforce planning requirements, strengthening the governance of municipally owned LDCs like Oakville Hydro, London Hydro, and Oshawa Power, and enhancing consumer protections by banning winter disconnections for unit sub-meter providers serving multi-unit residential buildings. The reforms follow recommendations from the Panel for Utility Leadership and Service Excellence (PULSE) and are backed by major sector stakeholders including Hydro One, Toronto Hydro, Alectra Inc., Elexicon, and the Ontario Energy Association.

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• Premier Ford and Prime Minister Carney Launch New Action Plan to Protect Workers from Tariffs and Strengthen Ontario Industries

  Source: Ontario - Premier's Office
  Date: 2026-10-21 19:30:00.0
  Tags: [National, Ontario, Economy, Trade, Labour, Industry, Infrastructure, Mining, Energy]

  The Government of Ontario and the Government of Canada announced a combined $8.7 billion action plan to protect workers and industries from U.S. tariffs. The package includes the Joint Steel Action Fund with $3.55 billion from the federal government and $1.67 billion from Ontario, an additional $2.5 billion over two years for large-scale automotive capital projects (up to $1.5 billion federal and $1 billion provincial), and a federal commitment of up to $1 billion over three years for essential road infrastructure in Northern Ontario’s Ring of Fire region. Additionally, light-duty vehicle greenhouse gas regulations will be maintained at 2026 levels (172 grams per mile) through 2029 to provide trade-related relief to the automotive sector.

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• Eastern Canada business leaders call for ‘single economy’ between Atlantic provinces

  Source: Nova Scotia - Halifax & Regional News
  Date: 2026-09-25 14:16:00.0
  Tags: [Nova Scotia, New Brunswick, Newfoundland and Labrador, Prince Edward Island, Economy, Trade, Labour, Infrastructure, Energy, Immigration]

  The Atlantic Economic Panel, appointed by federal minister Sean Fraser and chaired by Crane Cove Holdings Ltd. president Don Mills, released a report calling for the creation of a 'One Atlantic Canada' single economy by 2035 across Nova Scotia, New Brunswick, Prince Edward Island, and Newfoundland and Labrador. To combat low productivity, labour shortages, and regulatory barriers, the report outlines seven major recommendations, including a $1-billion Atlantic Prosperity Fund, a $25-billion integrated electricity system managed by a region-wide independent system operator, the removal of all trade and labour mobility barriers, and regional infrastructure partnerships. Additional targets include growing the region's population past 3 million with a 1.8 percent annual growth rate, doubling exports to Europe to over $30 billion, mobilizing $100 billion in new natural resource investments, and enhancing the aerospace, defence, shipbuilding, and artificial intelligence sectors.

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• Carney is seeking trillions in investment at this week's summit. What will it take to land major deals?

  Source: CBC Politics
  Date: 2026-09-14 08:00:00.0
  Tags: [National, Economy, Finance, Trade, Infrastructure, Energy]

  Prime Minister Mark Carney is hosting the Canada Investment Summit in Toronto to secure up to $1 trillion in foreign direct investment across 167 major projects presented in a 66-page federal prospectus. The high-profile event brings together global financial leaders—including BlackRock Inc. chairman Larry Fink, Temasek CEO Dilhan Pillay, and representatives from sovereign wealth funds like Norway's government pension fund and Abu Dhabi National Oil Co.—to counter pressures from an escalating Canada-U.S. trade war. The projects span eight critical sectors, led by significant developments such as a proposed $35-billion oil pipeline from Alberta to British Columbia, a roughly $79-billion expansion of the Port of Churchill in Manitoba, and the $28.5-billion Ksi Lisims liquid natural gas terminal on the B.C. coast. While economic think tanks like the C.D. Howe Institute and financial institutions like TD Bank project a potential investment supercycle that could boost real output per capita, the initiative faces domestic political criticism regarding national sovereignty and foreign ownership of strategic resources.

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