Canadian Dollar Outlook Weakened by USMCA Uncertainty
Canada’s dollar is expected to strengthen less than previously forecast over the next year as uncertainty surrounding the revision of the U.S.-Mexico-Canada Agreement (USMCA) weighs on the country’s economy, according to a Reuters poll...
USMCA Review Begins as U.S. and Canada Face Trade Disputes
The United States, Canada, and Mexico are set to meet on July 1 to begin the mandatory six-year review of the United States-Mexico-Canada Agreement (USMCA), amid growing trade tensions between Washington and Ottawa. The...
U.S. Set to Trigger USMCA Review, Opening Decade-Long Trade Negotiations
The administration of U.S. President Donald Trump is expected to formally announce on Wednesday that it will not extend the U.S.-Mexico-Canada Agreement (USMCA), activating the pact’s sunset review process. The move will begin a...
Canada Invests C$7 Million in Greenland Critical Minerals Project
Canada has announced a non-repayable grant of C$7 million (approximately US$4.93 million) to support the development of the Malmbjerg molybdenum mining project in eastern Greenland. The funding, provided through Natural Resources Canada’s Critical Minerals...
GCAP Fighter Jet Project Open to More Nations, Says Italy
Rome: Italy has indicated that more countries could be welcomed into the Global Combat Air Programme (GCAP), a multinational effort involving Italy, Britain, and Japan to develop a next-generation fighter aircraft. Italian Defence Minister...
Australia Signs Record $1.7 Billion Radar Technology Deal with Canada
Australia has secured its largest-ever defence export agreement, signing a A$2.5 billion (US$1.75 billion) deal to provide Canada with advanced Over-the-Horizon Radar (OTHR) technology. The announcement was made on June 22, with Australian Prime...
U.S., Mexico Resume USMCA Talks as Trump Questions Trade Pact’s Future
U.S. and Mexican negotiators began a second round of talks in Washington on Tuesday aimed at revising the United States-Mexico-Canada Agreement (USMCA), with discussions focusing on agriculture and energy. The negotiations come amid uncertainty...
GFL Environmental Nears C$6 Billion Deal to Acquire Secure Waste Infrastructure
Waste management firm GFL Environmental is reportedly close to acquiring Secure Waste Infrastructure in a deal valued at over C$6 billion ($4.33 billion), according to a Bloomberg News report citing a source familiar with...
Canada’s Inflation Slows to 1.8% in February Amid Base-Year Effects
Canada’s annual inflation rate eased to 1.8% in February, down from 2.3% in January, according to data released by Statistics Canada. The decline was largely driven by base-year effects, as prices had surged during...
Canada Announces C$35 Billion Plan to Strengthen Arctic Defense
Canada has unveiled a massive C$35 billion ($25.7 billion) plan to strengthen its defense capabilities in the Arctic, aiming to reduce its reliance on the United States for monitoring and protecting the vast region....