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] Under the Canadian Net-Zero Emissions Accountability Act, Canada is required to set national targets for the reduction of greenhouse gas emissions in support of achieving net-zero emissions in Canada by 2050. SenCanada
• [New] The federal government must strengthen emissions reduction measures given that Canada will not meet its legislated 2030 greenhouse gas emissions target. SenCanada
• [New] Over 250,000 new AI-relevant jobs will be created across the Canadian economy by 2031, alongside up to 90,000 AI-related job and work-placement opportunities for young Canadians. Human Resources Director
• [New] Under Canada's National Artificial Intelligence Strategy: AI for All, the federal government will double down on the programs and institutions that anchor world-class researchers, while making it faster and easier for global AI talent to come here, work here, and build their careers here. Human Resources Director
• [New] As Canada pushes toward its goal of connecting every household to high-speed internet by 2030, exorbitant infrastructure costs and geographical challenges risk leaving Indigenous communities behind. The Hill Times
• [New] Drones built in Canada could be headed for the battlefield in Ukraine, thanks to a new partnership formed by the Canadian Department of National Defence, the Ministry of Defence of Ukraine and two drone manufacturers. The Watch
• [New] Canada stabilized permanent resident admissions at 380,000 for 2026, and sharply cut new temporary resident arrivals to roughly 385,000 for 2026, to bring the temporary population below 5% of Canada's total by the end of 2027. Magellan Immigration
• [New] Real GDP is expected to expand 0.6% (down from 1.2%) in 2026 before accelerating to 1.5% in 2027. / Canada RBC Economics
• [New] Cross-border workforce planning, particularly for multinational organizations, requires advance coordination and a strong understanding of Canada's immigration framework to minimize delays and operational disruption. Littler
• [New] Up to 25 professionals from Greenland, Canada and Austria will undertake the work utilizing a vessel from Iceland equipped with a helicopter pad to provide accommodation and an operations / communications center. Voice of Alexandria
• [New] Canada's economy is forecast to rebound toward the end of 2026, bringing growth to 0.7% for 2026 after weak activity in the first quarter. BNN Bloomberg
• [New] The development of new technology across the food production and value-added agriculture sector provides an opportunity for Canada to further strengthen its domestic food processing capacity. BNN Bloomberg
• [New] Canadian officials are nevertheless bracing for a scenario in which tariff negotiations drag on for years, perhaps all the way through the end of Trump's term in 2029. financialpost
• As AGG works to further modernize the Port of Churchill, with planning for new terminals and year-round operations, as well as building up the Hudson Bay Railway to modern industrial weight standards that seamlessly intertie with Canada's class 1 rail network, Aecon will be a trusted partner. AECON - Aecon Group Inc.
• FinDev Canada's investment helps advance Canada's ongoing relationship with Argentina by supporting key infrastructure projects that promote climate mitigation, create economic opportunities, and strengthen sustainable development. Development Finance Institute Canada
• Canada's federal budget for the 2026 cycle proposes to create the First and Last Mile Fund, which would absorb the Critical Minerals Infrastructure Fund and leverage existing funding to provide CAD 1.5 billion in support through to the 2029-30 fiscal year. IEA
• Canada has the strong potential to grow its manufacturing base for renewable energy technologies, batteries and battery components, and other strategic applications, underpinned by its abundant low-emissions power and critical mineral resources. IEA
• Canada's lithium reserves could supply around half of cumulative global demand from 2030 to 2050. IEA
• Canada's slate of existing and announced projects could enhance its role as a major global supplier of nickel, lithium, graphite, cobalt and rare earth elements. IEA
• The latest Critical Minerals Review of Canada shows that at a time of increasing concentration risks, including from export controls by the dominant supplier, Canada has the potential to contribute to the development of secure, diversified and competitive global supply chains for critical minerals. IEA
• Fast-Growing Service Type: Micro mobility services is the fast-growing segment, expanding at 21% CAGR through 2032, driven by demand for last-mile connectivity, expanding e-scooter fleets, and dedicated urban cycling infrastructure across U.S. and Canadian cities. Persistence Market Research
• The Bank of Canada had projected real GDP economic growth of 1.1% for 2026. True North Mortgage

Last updated: 01 July 2026