• 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.

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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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  • 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.

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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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  • Sask. premier unsurprised that Trump now says U.S. will continue with Canadian potash

    Source: CBC Politics
    Date: 2026-09-22 23:01:17.0
    Tags: [National, Saskatchewan, Trade, Mining, Resources, Agriculture]

    Saskatchewan Premier Scott Moe dismissed U.S. President Donald Trump's stated plan to purchase potash from Belarus as unrealistic and unethical, labelling the product "blood potash" that supports Russian aggression in Ukraine. Following Trump's initial social media post regarding a potential discount trade deal with Belarus, the U.S. president subsequently clarified at the United Nations General Assembly that the United States will continue sourcing its potash from Canada. In 2024, nearly a third of the world's potash came from Canada, with all active production originating from 11 mines in Saskatchewan.

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  • 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.

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  • 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.

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  • Alaska port gets 1st funds from Yukon mine to study options for shipping critical minerals

    Source: Territories - Northern Affairs (Yukon, NWT, Nunavut)
    Date: 2026-09-21 11:00:00.0
    Tags: [National, Mining, Resources, Infrastructure, Transportation, Trade]

    Selkirk Copper Mines Inc., controlled by the Selkirk First Nation, has provided $200,000 US to the Municipality of Skagway, Alaska, to finance a scoping study for shipping critical mineral concentrates through the Port of Skagway. The study aims to evaluate modern, environmentally responsible shipping methods for bulk mineral concentrates from the former Minto copper-gold-silver mine, which has been inactive since 2023 and is targeting a restart in 2028. The Port of Skagway previously secured $38.6 million US in federal grants under the U.S. Department of Transportation’s port infrastructure development program to build a modern industrial dock.

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  • Head of European Investment Bank eyes Canada opportunities as Carney pushes EU ties

    Source: CBC Politics
    Date: 2026-09-20 17:22:05.0
    Tags: [National, Finance, Trade, Economy, Energy, Mining]

    European Investment Bank President Nadia Calviño stated that the bank is exploring a framework agreement to finance Canadian projects, targeting critical minerals, new technologies, and green energy generation amid Prime Minister Mark Carney's push for deeper European Union ties. While U.S. President Donald Trump criticized the closer Canada-EU alignment and threatened tariffs, Canadian officials confirmed Canada will not pay directly into the 27-nation EU budget under the proposed associate membership framework. The initiative follows Carney's Canada Investment Summit, which federal officials report attracted nearly $500 billion in new investment into Canadian businesses and infrastructure.

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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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  • Carney says deepening ‘alliance’ with European Union is a work in progress

    Source: Global News Politics
    Date: 2026-09-15 19:53:40.0
    Tags: [National, Trade, Economy, Energy, Mining, Governance]

    Prime Minister Mark Carney announced that Canada is in the process of deepening its strategic alliance and economic ties with the 27-member European Union amid ongoing trade tensions with the United States under President Donald Trump. Speaking in Toronto prior to traveling to Strasbourg, France—where he will address the European Parliament and participate in the EU's state of the union debate—Carney emphasized that the partnership focuses on strategic sectors such as energy and critical minerals. He stated that the diplomatic and economic outreach aims to diversify supply chains and enhance national sovereignty and independence. Discussions follow a strategic partnership initiated in June of the previous year, with further talks scheduled for a summit in Montreal.

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  • '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.

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