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] By deepening international partnerships and creating new opportunities for Canadian businesses, Canada is building a stronger, more resilient economy that works for Canadians. Mirage News
• [New] At a time of growing global uncertainty, Canada is strengthening its economic sovereignty by investing in the industries, technologies and workers that will shape the future. Mirage News
• [New] Canada releases a draft national AI strategy titled AI for All outlining plans to scale up adoption and offer literacy training by 2031, with six pillars and goals of reaching 1 million entry-level post-secondary students with free AI literacy training. AI Literacy Institute
• [New] Canada is intensifying negotiations with Washington but is prepared to respond if Trump's separate threat to impose 50% tariffs on Canadian goods takes effect. ArabNews
• [New] United States President Donald Trump has imposed new 50% tariffs on a range of Canadian goods, threatening to further strain ties with its second-largest trade partner. Al Jazeera
• [New] Canada plans to launch hundreds of new satellites to safeguard national sovereignty. CES Intelligence
• [New] Ottawa plans to procure up to 12 submarines under the Canadian Patrol Submarine Project, with first deliveries targeted for 2036. More News From NowHere
• [New] Modernizing and doubling Canada's electricity output by 2050 could require investments of $1 trillion. Policy Options
• [New] Ottawa's new national electricity strategy commits to doubling Canada's power supply by 2050. Policy Options
• [New] The launcher systems will be paired with long-range munitions capable of precisely engaging targets at distances of more than 300 kilometers, revolutionizing how the Canadian Army conducts operations and supports joint forces on future missions. The Watch
• [New] Canada has completed public consultations for its 2027-2029 Immigration Levels Plan. SPS Canada
• [New] Canadian consumers could gain access to more affordable electric vehicles (EVs), while investment could create jobs and strengthen parts of the domestic supply chain. Policy Magazine
• [New] HIMARS will give Canada the missile capabilities needed to meet its NATO obligations, including fielding a front-line multinational combat brigade in Latvia. The Watch
• [New] As commercial insurance rates soften across most lines, Canadian organizations with strong risk profiles are positioned to recapture coverage and strengthen their programs. HUB International
• [New] Construction of the first phase of the rail line is set to kick off in 2029 or 2030, linking Montreal and Ottawa in an effective test case for what would be a massive infrastructure project intended to transform rail travel in Canada's most densely populated region. Canada's National Observer
• [New] Canada's largest manufacturing employer, the food and beverage industry, is facing a debilitating labour shortage that threatens to cripple Canada's food system as we know it. SenCanada
• [New] After three years of annual contractions, the Canadian automotive sector is forecast to return to growth, with output expected to expand by 1.2% in 2026. atradius
• [New] Canada risks ending up with best-in-class legislation and worst-in-class enforcement. The Hill Times
• [New] Canadian businesses are watching with a mix of anxiety and hope. Apparel Textile Sourcing
• [New] As per the World Customs Organization, cross-border trade facilitation initiatives prioritize technology adoption to reduce clearance times while maintaining security controls, creating funding opportunities for e-gate deployments. / Canada Market Data Forecast

Last updated: 29 July 2026