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] As for today, Canadian nuclear operator Bruce Power will sign an exclusive agreement with Siemens Energy for new high-pressure steam turbines for their nuclear plant. PRG
• [New] The $6 billion infrastructure investment will not only enhance Canada's global competitiveness but also create skilled, well-paying jobs for Canadians. Travel And Tour World
• [New] As the Arctic becomes an increasingly strategic region due to climate change and growing international interest, enhancing infrastructure there will allow Canada to strengthen its presence and respond to emerging challenges with confidence. Travel And Tour World
• [New] The Trade Diversification Corridors Fund will allocate $5 billion to modernising and expanding critical infrastructure, ensuring that Canadian products can reach global markets more efficiently than ever before. Travel And Tour World
• [New] In June, Prime Minister Mark Carney announced a plan to boost spending by $9 billion by March of 2026, bringing defence spending to 2% of Canada's GDP. financialpost
• [New] Canada's methane regulations, once finalized, could create 34,000 new jobs across the country-supporting manufacturing in the east and energy services in the west. Environmental Defense Fund
• [New] Buyers in global markets - from Japan to the EU - are increasingly seeking low-emission natural gas, and Canada's 2025 budget acknowledges that to compete internationally, Canada will need to reduce its carbon intensity to meet the growing demand from global markets for lower-emissions energy. Environmental Defense Fund
• [New] Emirates has extended its collaboration with Air Canada through a new partnership that will run through 2032, opening up further opportunities for passengers between the UAE and Canada. Travel And Tour World
• [New] The Five Eyes - an intelligence alliance consisting of Australia, Canada, New Zealand, the UK and the US - has warned that the Chinese government has infiltrated critical infrastructure which could be used to their advantage if there is a significant escalation of tensions. Top1000Funds.com
• [New] Canada is working with partners to implement the Kunming-Montreal Global Biodiversity Framework, advancing efforts to halt and reverse biodiversity loss by 2030 and put nature on a path to recovery by 2050. CNW Group
• [New] Climate action and economic growth must go hand in hand, and the progress achieved at COP 30 will support a stronger, more sustainable, and more competitive Canada for decades to come. CNW Group
• [New] A team of Canadian researchers may have unlocked a major advance in clean energy - one that could make it far easier and far cheaper to convert pollution into valuable fuels and chemicals. The Cool Down
• [New] Canada's nuclear investment led to the construction of the first four small modular reactors (SMRs) among the G7 countries - a historic advancement in nuclear energy that could produce enough energy to power 1.2 million Canadian homes. TechTarget
• [New] The Canada Infrastructure Bank will be empowered to invest in AI infrastructure initiatives, reinforcing collaboration between government and industry. Mondaq
• [New] Canada's federal budget will include a C$ 50 billion ($35.65 billion) local infrastructure fund to pay for housing, transportation and health projects. Last Week in ConTech
• [New] Despite a temporary drop in production of 0.3 MMb/d in September due to facility maintenance, Canadian oil output is expected to grow 3.3% in 2025 and 1.7% in 2026. Desjardins.com
• [New] By investing in the next generation of researchers and innovators in women's health we not only advance equity we build talent, jobs and commercial strength that will keep Canada globally competitive. Femtech Canada
• [New] Big data analytics are being used by Canadian hospitals, clinics, and virtual care platforms for operational efficiency, quality benchmarking, and risk prediction. CanadianSME Small Business Magazine - Empowering Canadi
• [New] Under a new Buy Canadian Policy, Crown corporations, like Canada Post, will be required to purchase from Canadian suppliers when domestic suppliers are available. CUPW

Last updated: 26 November 2025