Commonwealth secretary-general pitches group as 'alternative' to U.S. trade

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Source: CBC Politics
Date: 2026-11-02 09:00:00.0
Tags: [National, Trade, Economy, Industry, Resources, Mining]

Prime Minister Mark Carney is attending the biennial Commonwealth Heads of Government Meeting in Antigua and Barbuda to promote closer economic cooperation and middle-power trade partnerships as an alternative to U.S. markets. Commonwealth Secretary-General Shirley Botchwey announced a goal to double intra-Commonwealth trade from $900 billion to $2 trillion. Canada currently conducts approximately $100 billion in annual trade with Commonwealth partners, which include 56 member states representing a market of 2.7 billion people.

Canada-EU summit will kick off formal talks on closer ties: Carney

Source: Global News Politics
Date: 2026-10-27 17:05:20.0
Tags: [National, Trade, Economy, Labour, Resources, Mining]

Prime Minister Mark Carney is meeting with European Union President Ursula von der Leyen and other EU officials in Montreal for a summit launching formal negotiations on an enhanced alliance and deeper partnership over the next year. The talks follow the 10th anniversary of the Comprehensive Economic and Trade Agreement (CETA) and encompass specialized labour mobility, potential Canadian participation in the Erasmus+ student exchange program, and critical minerals collaboration to reduce reliance on China. Additionally, the European Investment Bank has applied for an exemption from Canadian foreign banking rules to operate domestically as part of the critical minerals framework.

Saskatchewan Calls for Greater Access to Global Energy Markets and the End to the Tanker Ban

Source: Saskatchewan - Government News
Date: 2026-10-27 02:00:00.0
Tags: [Saskatchewan, National, Energy, Trade, Resources, Economy]

The Government of Saskatchewan has officially announced its support for Bill C-264, introduced by the Conservative Party of Canada, which calls on the federal government to end the marine oil tanker ban on the north coast of British Columbia. Premier Scott Moe and Energy and Resources Minister Chris Beaudry stated that removing this legislative barrier would increase Western Canadian energy export capacity, diversify trade toward Asian markets, reduce transit times and shipping costs, and help narrow the price discount for Western Canadian Select heavy oil.

Carney lands in Turkey for meetings with Erdogan, business leaders

Source: Global News Politics
Date: 2026-10-22 12:12:49.0
Tags: [National, Trade, Economy, Energy, Resources, Governance]

Prime Minister Mark Carney arrived in Ankara, Turkey, for a three-day official bilateral visit alongside Foreign Affairs Minister Anita Anand and Natural Resources Minister Tim Hodgson to deepen political, energy, and economic ties. Canada and Turkey currently engage in approximately $4 billion in annual trade and formally launched negotiations for a free-trade agreement on the sidelines of the NATO summit earlier in the year. The delegation's talks focus on diversifying trade beyond the United States and securing global investors for infrastructure and energy projects, following meetings with Turkish President Recep Tayyip Erdogan and business leaders in Istanbul.

Trump to speak at UN General Assembly amid trade war and tariff threats

Source: Global News Politics
Date: 2026-09-22 13:52:35.0
Tags: [National, Trade, Economy, Resources, Mining, Governance]

Prime Minister Mark Carney is attending the 81st Session of the United Nations General Assembly amid escalating trade tensions and tariff threats from U.S. President Donald Trump. Bilateral relations have deteriorated following failed trade negotiations, with Trump threatening tariffs and pursuing alternative potash imports from Belarus over Canadian suppliers. Additionally, tensions have risen following European Commission President Ursula von der Leyen's openness to Canada becoming an associate member of the European Union, a move labeled by Trump as a potential hostile act.

Trump says he wants potash from Belarus for ‘subtantially less’ than Canada

Source: Global News Politics
Date: 2026-09-21 15:48:33.0
Tags: [National, Trade, Economy, Agriculture, Mining, Resources]

U.S. President Donald Trump announced that the United States is working on a trade deal to purchase potash from Belarus for substantially less than current imports from Canada, escalating ongoing trade tensions. Canada currently supplies 79 per cent of U.S. potash imports, according to the U.S. Geological Survey, while Belarus accounts for three per cent. Trade talks between Canada and the United States collapsed previously after Ottawa walked away from negotiating terms demanded by Washington, prompting the U.S. to impose retaliatory tariffs and import restrictions against Canada.

Stephen Harper says Canada had 'no choice' but to walk away from U.S. trade talks

Source: CBC Politics
Date: 2026-09-15 23:39:51.0
Tags: [National, Alberta, Trade, Economy, Energy, Resources]

Former prime minister Stephen Harper endorsed the federal government's decision under Prime Minister Mark Carney to walk away from trade negotiations with the United States and implement counter-measures and tariffs. Speaking at the Canada Investment Summit in Toronto, Harper stated that Canada had no choice in order to protect its separate sovereignty from an increasingly hostile U.S. administration. Harper, serving as chair of the Alberta Investment Management Corporation, emphasized the urgent need for Canada to reduce economic dependence on the U.S., accelerate major resource and energy projects, fast-track oilsands project approvals, and reform regulatory and permitting processes to attract private investment.

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.

Q & A | N.W.T. trapper explains how fur sales hit $1 million for the first time since 2014

Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-09-06 12:00:00.0
Tags: [National, Economy, Resources, Trade]

Total auction sales of Northwest Territories pelts through the Genuine Mackenzie Valley Furs program surpassed $1 million for the first time since 2014, driven by a surge in demand and luxury status for fur in China. Marten pelts averaged $265, peaking at $418.50 per pelt, while wolverine, mink, and various fox species also saw significant price increases and strong international competition at the Fur Harvesters Auction house in North Bay, Ontario.

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.