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Energy Minister Tim Hodgson gave further details on the package March 3, including C$44 million for upgrades to the Northwest Transmission Line in northern British Columbia.

“It does look like some more positive signs of underlying inflation slowing,” Citigroup economist Veronica Clark said, while adding that rent costs are showing “some stickiness.” 

Canada has put 25% tariffs on Chinese steel and last month tightened its tariff-rate quotas to further restrict imports from countries with which it doesn’t have a free-trade deal.

Industry Minister Melanie Joly's Sweden visit is part of a push by the Carney government to strengthen ties with European partners and reduce its reliance on the U.S. for trade and security.

Canadian PM Mark Carney is expected to meet with Mexican President Claudia Sheinbaum to discuss reinforcing supply chains and key infrastructure to grow bilateral trade.

Prime Minister Mark Carney said Aug. 5 the guarantees will ensure forestry companies of all sizes can maintain and restructure their operations.

Mayors in states that border Canada are calling for an end to President Donald Trump’s trade war with the country, saying it has harmed businesses and workers in their communities.

China’s ambassador warned the Canadian government against using it as a “bargaining chip” in trade negotiations with the U.S.

The U.S. and Canada have agreed to begin negotiations over claims to an Arctic seabed that may be rich in oil and is of growing strategic importance as Russia and China ramp up their presence.

Prime Minister Justin Trudeau is urging Canada’s two largest railways and unionized workers to reach a deal to avert a strike that businesses warn will cause significant harm to the economy.