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's decision to retaliate means both countries have doubled down on a trade war that could cost billions. The Guardian
• [New] Canada is reducing its permanent resident targets, which could eventually ease some of the population-driven pressure on housing demand. Greenlight Capital Landing Page
• [New] The United States and Canada, traditionally close allies with a long history of cooperation, fell deeper into a trade war Saturday marked by angry recriminations and new tariffs that are expected to raise prices for products in both countries. Los Angeles Times
• [New] President Trump's second-term trade war with Canada, fueled by threats and escalating tariffs up to 50%, has severely strained a decades-old alliance and shaken both economies. Los Angeles Times
• [New] Canada's dairy supply management system will remain entirely intact. Automotive World
• [New] Canada and the U.S. could lose hundreds of thousands of jobs if the Canada-U.S. Mexico Agreement is not renegotiated and the trade relationship worsens. financialpost
• The Canadian Arctic is emerging as a critical zone for both national security and global economic opportunity. City of Yellowknife
• Powering 15% of Canada's electricity, nuclear energy is positioned as a competitive advantage and an opportunity for economic growth, international partnerships, trade diversification, and energy sovereignty. Torys LLP
• Training, attracting, and retaining talent: An estimated 130,000 skilled workers will be required to double the power of Canada's electricity grid by 2050. Torys LLP
• Connecting Canada's fragmented grids east-west-north through new and expanded transmission lines: Consultations will address barriers to interprovincial interties, including duplicative infrastructure and wasted power that affects reliability and affordability. Torys LLP
• Building the infrastructure needed to double Canada's electricity generation: Consultations will consider how to finance the build-out, spread costs over time, and keep electricity affordable. Torys LLP
• The National Research Council of Canada is developing a CAR T-cell therapy that targets the CD22 protein on cancer cells, which could be used when treatments targeting other cancer proteins, such as CD19, have not worked. NCBI Bookshelf
• Within Canada's innovation landscape, the regenerative medicine industry may represent both a scientific opportunity and a potential source of economic growth. NCBI Bookshelf
• Canada will implement dollar for dollar counter-tariffs next month. BBC News
• Canada could leverage its scientific expertise and expand its own manufacturing capacity. NCBI Bookshelf
• Canada will retaliate against new U.S. tariffs after trade talks fail. CBC
• Canada's new tariffs could weigh on its own economy. CBS News
• The Canadian dollar dropped on Monday morning after trade talks between Ottawa and Washington fell apart, leaving both sides facing higher prices on a wide array of imported goods and threatening Canada's economic growth. CNBC
• Canada is expected to be the fastest-growing country at a CAGR of 7.8% from 2026 to 2033, fueled by expanding access to neurology care, increasing adoption of advanced epilepsy and depression treatments, and improving reimbursement support for neuromodulation devices. Data Bridge Market Research

Last updated: 23 September 2026