Political news and analysis for Canadians

Category: Trade (Page 1 of 19)

Prime Minister Carney’s pitch to the world’s top investors

The event Monday and Tuesday will mark the biggest test yet of a project to reframe the way global investors see Canada. The pitch is that the country has an increasingly competitive business environment, a pipeline of investable major projects and middle-market deals and deserves investors’ attention not just as the junior part of a North American market, but on its own terms.

It’s one thing to get CEOs to attend a summit. It’s another for Mr. Carney and Canadian corporate leaders to convince them to invest huge amounts of capital.

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President Zelenskyy visits Ukrainian fighter pilots training in North Bay, Ontario

Ukrainian President Volodymyr Zelenskyy visited a group of Ukrainian military pilots training in North Bay ahead of their eventual transition to Western fighter jets including the F-16 and Sweden’s Gripen.

Four Aero L-39 Albatros training jets flown by Ukrainian cadets performed a flyover to greet President Zelenskyy at the airfield.

The visit took place at the International Test Pilots School, based at Jack Garland Airport in North Bay, Ontario. Zelenskyy climbed into a flight simulator during the stop, and Ukrainian pilots walked him through how the L-39 handles compared with the Soviet-era aircraft most of them trained on originally. Instructors also briefed him on aircraft maintenance, life-support systems and pilot equipment used at the school.

More at Defence Blog

Boycott of US products pushes grocers to explore new supply sources

“There has been a permanent change in the Canadian psyche,” said Gary Sands, senior vice president of public policy and advocacy for the Canadian Federation of Independent Grocers.

Canada is the world’s fifth-largest importer of fresh vegetables by value. The U.S. is still the biggest supplier of fresh produce, accounting for more than half of the ​imports, followed by Mexico.

However, the share of Canada’s vegetable imports from the U.S. fell to 62.6% in July, the latest government data showed, from 69% in the same month of 2023, ​before Trump was elected.

Source: Nivedita Balu, Reuters

Playing hardball with the Americans sets Canada apart from all the trading partners that acquiesced

“Canada has to be confident in walking away from a bad deal,” said Brian Clow, who served as U.S.-Canada relations adviser to former prime minister Justin Trudeau during Mr. Trump’s previous term. “If you let them push you around, if you just roll over to their demands, that’s not going to work for the country, not going to work for the economy, and the Canadian public doesn’t want that.”

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President Zelenskyy’s visit to Canada advances the interests of both countries

James Horncastle, The Conversation:

By partnering with Canada to produce drones at scale within Canada, Ukraine is helping alleviate one of the Canadian Armed Forces’ biggest issues: over-reliance on American military hardware.

Ukraine has also demonstrated the importance of alliances for middle powers. Middle powers need a variety of allies and cannot rely too extensively on one country, as the United States’ pivot on Ukraine demonstrates.

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Canada has imported 15,603 Chinese-made EV’s so far this year

15,503 Chinese-made electric vehicles have entered Canada since January under a trade deal struck between Prime Minister Mark Carney and Chinese President Xi Jinping as part of what Ottawa described as a “new strategic partnership” aimed at easing tensions and strengthening economic ties.

That’s less than one-third of the 49,000 Chinese-made EVs that Canada said would be allowed into this country in 2026 under the deal, which vastly reduced tariff rates.

Globe and Mail: Nearly 16,000 Chinese-Made EVs Have Entered Canada Under New Trade Dea

Prime Minister of Norway Jonas Gahr Støre to visit Canada Sept 20 to 21

To deepen our ties and build on our shared strengths, Prime Minister Mark Carney announced today that Prime Minister of Norway, Jonas Gahr Støre, to Ottawa, Ontario, will visit Canada from September 20 to 21, 2026. During the visit, the leaders will discuss opportunities to deepen the Canada-Norway partnership across key sectors, such as energy, critical minerals, and sovereign technology – including artificial intelligence and aerospace.

Prime Minister Carney and Prime Minister Støre will also advance Canada and Norway’s defence and security partnership. As Arctic nations and NATO Allies, they will discuss efforts to strengthen security and resilience in the Arctic and North Atlantic, modernise our defence capabilities, and bolster secure and resilient defence supply chains that support our collective security.

The full news release is available

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