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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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Carney’s Turkish balancing act must include business, defence and human rights
Source: CBC Politics
Date: 2026-10-21 08:00:00.0
Tags: [National, Trade, Defence, Energy, Industry, Economy]Prime Minister Mark Carney is undertaking a three-day official visit to Turkey to negotiate a free trade agreement, expand bilateral energy and strategic industry cooperation, and rebuild defence-industrial ties with President Recep Tayyip Erdoğan following the easing of a prior Canadian arms embargo. The bilateral relationship currently involves approximately $4.3 billion in trade, with active discussions focusing on potential commercial opportunities for Candu nuclear reactor technology and joint defense initiatives in ammunition production, drones, and counter-drone systems led by Secretary of State for Defence Procurement Stephen Fuhr. Simultaneously, the diplomatic mission navigates foreign policy challenges regarding Turkey's recent domestic crackdowns on civil society and 2SLGBTQ+ organizations, which test the federal government's stated balance of economic pragmatism and human rights values.
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Ontario Welcomes $479 Million Advanced Manufacturing Investment in London
Source: Ontario - Ministry of Economic Development, Job Creation and Trade
Date: 2026-10-16 13:30:00.0
Tags: [Ontario, National, Economy, Industry, Energy, Infrastructure]Hitachi Energy Canada is investing $479 million to establish a 21,000-square-meter Transformer Insulation Centre in London's Huron Industrial Park, creating over 100 new jobs with completion expected by 2028. The facility will feature the world's first transformer pressboard manufacturing line with four formers, capable of producing up to 20,000 tonnes of material annually to strengthen North America's transformer supply chain. The Ontario government is providing up to $20 million in funding through the Invest Ontario Fund, while the Government of Canada is contributing $20 million through the Strategic Response Fund alongside $10 million from Natural Resources Canada.
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LNG Canada to use Chinese steel on $33-billion expansion project in Kitimat, B.C.
Source: CBC Politics
Date: 2026-10-02 14:51:57.0
Tags: [National, British Columbia, Energy, Trade, Industry, Infrastructure]LNG Canada has announced that its joint venture partners will utilize the state-owned China Offshore Oil Engineering Co., Ltd. (COOEC) to source specialized fabricated steel modules for its $33-billion Phase 2 expansion project in Kitimat, B.C., citing a lack of domestic fabrication capacity. The expansion will add two new processing units, increasing production capacity from 14 to 28 megatonnes per year by the early 2030s. While Prime Minister Mark Carney's newly introduced federal Major Projects Office and Buy Canadian policies emphasize domestic sourcing, private sector energy companies retain the autonomy to determine their supply chains. Meanwhile, pipeline operator Coastal GasLink targets approximately 70% Canadian steel—around 15,000 tonnes—for the compressor stations required to support the terminal's expanded throughput.
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Export Development Canada is opening 3 new offices in Europe
Source: Global News Politics
Date: 2026-10-01 17:05:22.0
Tags: [National, Trade, Economy, Industry, Energy, Mining]Export Development Canada (EDC) is opening three new European offices in France, Sweden, and Poland to expand Canadian trade ties amid ongoing trade disputes and fractured relations with the United States under Prime Minister Mark Carney's non-U.S. export strategy. EDC projects Canadian exports to Europe could exceed US$104 billion in goods and US$41 billion in services by 2035, building on growth from the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) and upcoming bilateral partnership pacts involving critical minerals and energy cooperation.
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Bank of Canada governor says Atlantic Canada is less exposed to U.S. tariffs
Source: Prince Edward Island - Regional News
Date: 2026-09-21 21:47:30.0
Tags: [Nova Scotia, National, Economy, Trade, Energy, Industry]Bank of Canada Governor Tiff Macklem stated during a speech in Halifax that Atlantic Canada is less exposed to U.S. tariffs than provinces like Ontario and Quebec, though regional residents face heavier burdens from inflation and rising oil prices used for home heating. Macklem noted that Nova Scotia's unemployment rate remains below the national average and pre-pandemic levels, while the region experiences positive economic investments in the shipbuilding, defence, and energy sectors. However, the governor emphasized that achieving sustained economic transformation will require multi-year commitments and investment plans from both governments and businesses.
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Carney in Saint-Pierre-et-Miquelon to meet with Macron
Source: CBC Politics
Date: 2026-09-20 14:40:36.0
Tags: [National, Trade, Defence, Industry, Energy, Governance]Prime Minister Mark Carney traveled to the French territory of Saint-Pierre-et-Miquelon to meet with French President Emmanuel Macron for bilateral discussions ahead of the UN General Assembly. The leaders addressed strengthening strategic partnerships in aerospace, energy, and critical minerals amid rising geopolitical tensions. The meeting follows European Commission President Ursula von der Leyen's proposal for Canada to become the first associate member of the European Union, an initiative that Carney stated will be debated and voted on in Parliament. Additionally, Canada and the European Union have previously established ties through a free trade agreement and Canada's membership in the EU's defense procurement program.
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Export cost spike spurs Whitehorse energy firm to pivot from U.S. to Yukon markets
Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-09-16 19:28:10.0
Tags: [National, Trade, Energy, Mining, Industry, Economy]In response to escalating United States tariffs implemented by President Donald Trump's administration that increased export costs by 65 percent, Whitehorse-based renewable power firm Solvest Inc. is pivoting its operations from Alaska to the Yukon market. To support this transition and help local businesses respond to cross-border trade disputes, the federal government through the Canadian Northern Economic Development Agency is awarding $1.9 million across four Yukon companies, including $260,000 directed to Solvest Inc. Solvest Inc. will use the funding to develop a new 500-kilowatt mobile "power pod" solar and battery storage system designed specifically for the Yukon placer mining industry, with the first unit slated to launch in spring 2027.
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Ottawa’s giant tax write-off could win over investors for oilsands carbon storage project: industry
Source: Alberta - Edmonton Journal (Legislature & Capital)
Date: 2026-09-15 23:36:03.0
Tags: [National, Alberta, Energy, Environment, Taxation, Industry]Prime Minister Mark Carney proposed a productivity mega deduction at the Canada Investment Summit in Toronto, allowing businesses to deduct the full cost of new equipment and long-term assets in their first year. Industry representatives from the Pathways Alliance, including President Kendall Dilling, stated this federal tax policy addresses a crucial hurdle for financing the alliance's multi-billion-dollar carbon capture and storage project in Alberta. The Pathways Alliance project aims to cut approximately six million tonnes of emissions annually and is targeting a November 15 memorandum of understanding deadline for final binding agreements, with pipeline construction projected around 2030.
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Canada, Ukraine forge 100-year pact built on drones and defence
Source: CBC Politics
Date: 2026-09-10 18:15:05.0
Tags: [National, Alberta, Defence, Technology, Industry, Energy]Prime Minister Mark Carney and Ukrainian President Volodymyr Zelenskyy signed a 100-year strategic and political partnership in Calgary, Alberta, focusing on defence production, trade, energy, and critical minerals. Ottawa plans to establish a drone marketplace to produce millions of drones within two years by pairing Canadian firms with Ukraine's battle-tested industry, while expanding cooperation on counter-drone technology, munitions, and artificial intelligence. Additionally, Canada pledged over $430 million in loan guarantees for gas purchases to support Ukraine Energy Security Fund infrastructure repairs, alongside a $350 million air defence package.
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