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.

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.

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 19:00:00.0
Tags: [National, Ontario, Economy, Trade, Labour, Industry, Mining, Infrastructure]

Ontario Premier Doug Ford and Prime Minister Mark Carney announced an $8.7 billion joint action plan to protect workers and industries from U.S. tariffs and global uncertainty. The initiative establishes a $5.22 billion Joint Steel Action Fund ($3.55 billion federal, $1.67 billion provincial), a $2.5 billion automotive manufacturing capital upgrade fund ($1.5 billion federal, $1.0 billion provincial), and a $1 billion federal matching investment for road infrastructure in Northern Ontario's Ring of Fire region. Furthermore, the plan creates bilateral task forces for steel, automotive, and critical minerals, implements tighter trade remedies through the Canada Border Services Agency, and leverages Buy Canadian and Buy Ontario procurement policies.

N.W.T. industry minister makes case for new federal mining incentives

Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-15 10:00:00.0
Tags: [National, Mining, Resources, Taxation, Industry, Economy]

Northwest Territories Minister of Industry, Tourism and Investment Caitlin Cleveland lobbied the federal government in Ottawa to enact two new mining incentives: a 15 per cent stackable North of 60 Mineral Exploration Tax Credit for the three northern territories, and the inclusion of zinc as an eligible mineral under the 30 per cent clean technology manufacturing investment tax credit. Cleveland and N.W.T. and Nunavut Chamber of Mines CEO Paul Hébert argued these credits are essential to counter stiff global competition and revive northern mining activity amid closing diamond mines. Proponents of the PC Silver and Pine Point mines indicated that adding zinc to the clean technology tax credit would unlock projects capable of generating 1,000 construction jobs and 600 operational positions.

N.W.T. is 1st to contribute drill cores for national library of mineral data

Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-08 11:00:00.0
Tags: [National, Resources, Mining, Technology, Industry]

The Northwest Territories has become the first Canadian jurisdiction to contribute drill core samples to the new Canadian Digital Core Library, a federally backed initiative supported by $40 million in funding from Natural Resources Canada. Developed by the Creative Destruction Lab in partnership with provinces, territories, and industry, the platform aims to make geological data freely available online for high-resolution scanning and artificial intelligence analysis. Donations from mining companies Valor Gold and Rackla Metals, alongside coordination by Industry Minister Caitlin Cleveland and the Northwest Territories Geological Survey, enabled the territory to pioneer the project, with at least 250,000 metres of scanned drill core slated for upload by March 2028.

Mountain Province Diamonds announces exit from N.W.T.'s Gahcho Kué mine

Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
Date: 2026-10-01 20:24:25.0
Tags: [National, Mining, Resources, Economy, Industry]

Toronto-based Mountain Province Diamonds announced it is relinquishing its 49 per cent ownership share in the Gahcho Kué diamond mine in the Northwest Territories, transferring full control to De Beers Canada. The restructuring agreement releases Mountain Province from all financial obligations and liabilities related to the mine while retaining an option to regain a future ownership stake. The exit follows a material decline in global diamond prices driven by tariff-related uncertainty and Middle East conflicts, which led Mountain Province to voluntarily delist from the Toronto Stock Exchange. Gahcho Kué remains the Northwest Territories' last operating diamond mine following the earlier closures of Rio Tinto's Diavik mine and the Ekati mine, with a planned closure timeline set for 2028.

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.

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.

'Cool to be Canadian': Leaders optimistic their pitch to invest here will pay off

Source: CBC Politics
Date: 2026-09-14 19:59:47.0
Tags: [National, Ontario, Economy, Taxation, Finance, Trade, Industry, Mining]

Prime Minister Mark Carney hosted the Canada Investment Summit in Toronto to attract foreign capital and secure $1 trillion in investments amidst trade friction with the United States. Minister of Finance François-Philippe Champagne announced that the Canadian Revenue Agency will prioritize advanced income tax rulings for investments exceeding $1 billion to reduce regulatory risk. The government's 66-page pitchbook featured more than 160 major projects, including Canada Nickel Company's Crawford nickel project, which is seeking $2 billion in funding.