• 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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