• Carney’s Turkish defence tango: A dance of dollars, drones and overcoming distrust

    Source: CBC Politics
    Date: 2026-10-25 20:01:24.0
    Tags: [National, Trade, Defence, Industry, Technology]

    Prime Minister Mark Carney announced a new strategic trade and defence partnership between Canada and Turkey during a visit to Istanbul and Ankara, aiming to reduce Canadian procurement reliance on the United States. The agreement follows the 2024 lifting of a de facto Canadian arms embargo—which had been imposed after Wescam camera equipment meant for NATO operations in Syria was illicitly diverted to Azerbaijan—and establishes that future military exports will undergo strict case-by-case permit reviews. Turkish officials and private companies, including drone manufacturer Baykar, have also expressed interest in making direct investments in Canada's aerospace and defence manufacturing sectors.

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  • Read a transcript of Carney’s speech to the European Parliament

    Source: Global News Politics
    Date: 2026-09-17 18:21:30.0
    Tags: [National, Trade, Economy, Industry, Technology, Defence]

    Prime Minister Mark Carney addressed the European Parliament to pitch a deeper strategic and economic partnership between Canada and the European Union, focusing on cooperation in artificial intelligence, critical minerals, and defence. Highlighting existing agreements like CETA and the Strategic Partnership Agreement, Carney responded favorably to an invitation from EU leadership for Canada to become the EU's first associate member. He proposed bolstering collective resilience through seamless digital trade, joint access to frontier research programs such as Horizon and Erasmus Plus, and secure supply chains spanning over 34 critical minerals and clean energy technologies.

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  • BC Business House bringing long-lasting economic benefits after World Cup

    Source: British Columbia - Government News
    Date: 2026-09-09 19:45:00.0
    Tags: [British Columbia, Economy, Trade, Tourism, Industry, Technology]

    The Government of British Columbia hosted the BC Business House during the FIFA World Cup 2026 matches at BC Place in Vancouver, welcoming over 2,300 attendees from 25 countries to build international trade and investment relations. The initiative, part of the Province's Look West strategy, featured 22 business-related sector showcase events covering technology, life sciences, mining, energy, agriculture, food processing, and tourism. Survey results indicated that 91.5% of attendees rated the experience positively and 81.2% reported successfully establishing new business connections. Delegations and business representatives from organizations such as the Greater Vancouver Board of Trade, AI Network of BC, Simon Fraser University, Invest Vancouver, and CNANO Pharmaceuticals participated in the economic development programming.

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  • Helping B.C. companies showcase their new tech

    Source: British Columbia - Government News
    Date: 2026-09-09 16:00:00.0
    Tags: [British Columbia, Economy, Technology, Industry, Trade]

    The Government of British Columbia, through the Ministry of Jobs and Economic Growth and Innovate BC, is launching a second call for applications under the Integrated Marketplace platform's Early-Stage Demonstration Call (ESDC) backed by $2 million in funding. Eligible early-stage B.C. tech companies can apply for pilot-scale demonstrations receiving up to 40% of project costs to a maximum of $500,000 per project to prove performance and validate new technologies in real-world environments. The application intake runs from September 28 until October 30, 2026, building on a previous round that supported 14 companies with nearly $3.5 million. The program is part of the Province's Look West strategy to foster an independent economy, support local startups like Mostar Labs, and help companies navigate U.S. tariffs.

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  • Canada ready to further distance itself from U.S. on military procurement

    Source: CBC Politics
    Date: 2026-08-29 08:00:00.0
    Tags: [National, Defence, Trade, Industry, Technology]

    Ottawa is shifting its military procurement strategy away from the United States amid ongoing tariff disputes, aiming to reduce reliance on American contractors and the International Traffic in Arms Regulations (ITAR) framework. Stephen Fuhr, head of the Defence Investment Agency, stated that the public has no appetite for sole-source American military contracts, putting procurements like Lockheed Martin F-35 fighter jets and potential Black Hawk helicopters under review. Concurrently, Canada is pursuing European and domestic alternatives, including negotiations with Swedish firm Saab for Gripen fighter jets and GlobalEye radar aircraft, and awarding a $2.3-billion Arctic military satellite communications contract to Telesat to reduce reliance on Elon Musk's SpaceX Starlink network.

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