Global Scans · Canada · Weekly Summary

WHAT'S NEXT?: The U.S. and Canada's new governments will have their work cut out dealing with potential changes to their trade agreements while simultaneously Canada will be anxious to implement CETA with the EU.

• [New] Canadian companies expect to increase their compensation budgets by 3.0% in 2026, a decline from recent years and a return to longer-term trend. BDC.ca
• [New] As Canada's renewable energy sector expands, so too does the complexity of managing risk. Canadian Renewable Energy Association
• [New] This year's forum will focus on the transformative role SMRs can play in shaping the future of energy in Western Canada. Decentralised Energy Canada
• [New] Aesthetic medicine in Canada is growing 12% annually and is expected to surpass $30 B CAD by 2030. canadianaestheticsexpo.com
• [New] Former prime minister Justin Trudeau established light-duty vehicle ZEV sales targets that began at 20% in 2026 and reached 100% in 2035. / Canada JD Supra
• [New] The Bank of Canada could respond to a trade war by extending the current easing cycle. / Canada TD Securities
• [New] Participation in the USMCA might exempt Canada from the tariffs with minor concessions. TD Securities
• [New] Today, Canada relies heavily on Starlink for connectivity in Canada's north which is a big vulnerability. Arctic360 - Strengthening the North American Arctic
• [New] Economic data in Canada has deteriorated, but not significantly more than the BoC expected. RBC
• [New] Canada has a significant opportunity to scale its electric vehicle manufacturing sector. Foresight
• [New] The ASEAN-Canada relationship presents a vibrant landscape of trade and investment opportunities, enriched by dynamic regional and global forces. I.E. Canada
• [New] A well-regulated digital asset ecosystem could position Canada not just as a participant in the global digital economy, but as a rule-shaper at the international table. Ivey Business School

Last updated: 17 September 2025