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] The Canadian Arctic is emerging as a critical zone for both national security and global economic opportunity. City of Yellowknife
• [New] 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
• [New] 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
• [New] 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
• [New] 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
• [New] 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
• [New] Within Canada's innovation landscape, the regenerative medicine industry may represent both a scientific opportunity and a potential source of economic growth. NCBI Bookshelf
• [New] Canada will implement dollar for dollar counter-tariffs next month. BBC News
• [New] Canada could leverage its scientific expertise and expand its own manufacturing capacity. NCBI Bookshelf
• [New] Canada will retaliate against new U.S. tariffs after trade talks fail. CBC
• [New] Canada's new tariffs could weigh on its own economy. CBS News
• [New] 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
• [New] 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
• [New] Canada's existing counter-tariff on US steel and aluminum will increase from 25% to 50% to match the new US rate; its existing counter-tariff on US-made vehicles continues unchanged. Zonos
• [New] The hit to the Canadian economy from the new tariff developments will be greater than the hit to the U.S. economy. Russell Investments
• [New] Canada has announced that it will implement dollar-for-dollar retaliatory tariffs on a subset of American goods. Russell Investments
• [New] The 2026 Watch List highlights the top 10 emerging technology platforms and issues in regenerative medicine that are expected to have significant and meaningful impact on health care systems in Canada over the next 5 years. NCBI Bookshelf
• [New] Canada is expected to report a strong rebound in growth in Q2 after contracting in the previous two quarters. investing.com
• [New] Trade war tensions between the United States and Canada are on the rise, a risk to the U.S.' inbound travel recovery. Skift
• [New] Canada has said it will retaliate with dollar for dollar tariffs of its own on American goods. HuffPost UK
• [New] More than three-quarters of the 64 professors who are moving to Canada from around the world will come from the US. BBC News

Last updated: 09 September 2026