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] Canada will subsequently implement a suite of targeted economic incentives in order to stimulate sustainable population and infrastructure growth, thereby strengthening Canada's effective sovereignty and hard security in the Arctic. NAOC
• [New] As Canada advances its second round of Alliance partnerships and negotiates new offtake agreements, it may wish to consider whether targeted price-stabilization mechanisms, including price floors for higher-risk Arctic projects, could help de-risk investment. Torys LLP
• [New] By the second quarter of 2026, Canada will release a plan to expand the production, processing, stocking, and procurement of defence-released critical minerals. Torys LLP
• [New] The Bank of Canada is expecting GDP growth of 1.1% in 2026, the weakest GDP growth in almost 10 years (excl 2020 due to COVID). Perch
• [New] Canada's leadership is paving the way for upcoming lunar surface operations, deep-space research, and emerging opportunities within the lunar economy. The AI Journal
• [New] Canada's real GDP is forecast to increase by 1.0% in 2026 and a further 2.3% in 2027. CNW Group
• [New] As Canada faces more frequent and intense climate events, the battle for accurate information will determine the success of climate policy itself. NAOC
• [New] Canada is moving toward a legislated open banking framework that will replace screen scraping with secure, regulated data access. Mondaq
• [New] Job creation is expected to remain weak through the rest of 2026, due to economic uncertainty and cautious hiring. / Canada CNW Group
• [New] Australia and Canada are both highly exposed to extreme weather events, including extreme heat, floods and wildfires, which are expected to worsen due to shifting climate systems. Westpac IQ
• [New] Australia and Canada have teamed up on climate action, signing a new Clean Energy Partnership that aims to maximise economic opportunities of 'clean energy' while addressing the significant challenge of climate change. Westpac IQ
• [New] Canada's manufacturing sector stalled in March as the S&P Global Canada Manufacturing Purchasing Managers' Index dropped to 50.0, down from 51.0 in February, reflecting no overall growth amid tariff pressures, higher prices and renewed supply chain disruption. Design Engineering
• [New] Shell notes on its website that its Recharge network is already deployed across multiple provinces in Canada and continues to expand as part of its broader global strategy, which targets more than 70,000 public charge points by 2025 and 200,000 by 2030. Electric Autonomy Canada
• [New] FLO plans to maintain a consistent deployment of charging infrastructure, to support the continued development of the Canadian EV industry. Electric Autonomy Canada
• [New] Productive integration with the United States and Canada will continue deepening, and asserted that high-tech sectors will continue to gain prominence. Mexico News Daily
• [New] The price of a typical Canadian home will increase by 0.7% in 2025 before falling 0.7% in 2026. Coldwell Banker Horizon Realty
• [New] BCE backs a 300 MW AI data center in Saskatchewan with Cerebras and CoreWeave Canadian telecom BCE said it will invest an additional $1.7 billion to build a 300-megawatt AI data center in Saskatchewan. Prompt Injection
• [New] While a formal extension of CUSMA could restore predictability, Canadian manufacturers cannot afford to bet their futures on diplomatic outcomes beyond their control. Industry Today - Leader in Manufacturing & Industry
• [New] There is still a political decision to be made over whether Canada will operate a dual fleet of F-35s and Gripens. Aerotime
• [New] Titled The Road to 5%, the overarching theme is, well, how Canada plans to build out its defence spending to meet the new NATO target - 5% of GDP by 2035. Politico
• [New] In Central Canada, including Ontario and Quebec, reliance on oil and natural gas supplied from or through the U.S. is expected to continue in most scenarios. WestCentralOnline
• [New] Electricity demand and natural gas production are expected to play increasingly central roles in Canada's energy future. WestCentralOnline

Last updated: 08 April 2026