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 trucking industry, a vital artery of the Canadian economy, is in for a period of significant disruption and realignment. Immigration 2 Canada
• [New] Canada's government is expected to deliver a stimulative budget on Tuesday, and underlying inflation is running hot. Brown Brothers Harriman
• [New] Canada is expected to lose its measles elimination status this month after 27 years of achieving and maintaining it. Global Biodefense
• [New] 84% expect to pay some amount of US tariffs even if their goods qualify under a new continental trade agreement, while 82% think that US tariffs on Canada are here to stay. Consulting.ca
• [New] 88% of Canadian business leaders said the greatest risk to their company would be losing their current protections on the Canada-US-Mexico Agreement. Consulting.ca
• [New] Canada must move with urgency on megaproject developments, ones that will open new markets and deliver sustainable economic growth. Yahoo Finance
• [New] As supply chains evolve toward sustainability and digitalization, the collaboration between Mexico, the U.S., and Canada will define the future of logistics in North America. Americas Forwarding
• [New] Canada plans to phase out traditional fish farming in British Columbia by 2029 to safeguard wild salmon and support the shift toward closed-containment systems. FoodNavigator-Asia.com
• [New] The Mirabel Manufacturing Hub will enable serial production of Volatus' proprietary drone platforms as well as the licensed manufacture of partner systems to meet NATO-aligned requirements and Canadian end-use needs. Barchart.com
• [New] Starting later in 2025, the Government of Canada will begin publishing seasonal and decadal forecasts on ClimateData. Mirage News
• [New] Canada is rapidly emerging as a global leader in Carbon Management, an industry with significant economic opportunity. Foresight
• [New] The Bank of Canada (BOC) is expected to deliver a follow-up 25 bps policy rate cut to 2.25%. Brown Brothers Harriman
• [New] Canada's annual inflation rate rose more than expected in September, a move that economists say may complicate, but not derail, expectations for another Bank of Canada interest rate cut next week. Yahoo Finance Canada
• [New] Canada's headline inflation rate jumped more than expected to 2.4% in September, but markets are still pricing in an interest rate cut from the Bank of Canada next week amid a weakening economy. financialpost
• [New] Gasoline prices increased 1.9% month-over-month in September because of refinery disruptions and maintenance in the United States and Canada. Desjardins.com
• [New] Tariffs could see their profits drop by billions of dollars by the end of 2025, with some shifting or closing production in Canada, which has led to job cuts. Global News
• [New] President Donald Trump said he will increase tariffs on Canada by another 10% in response to a Canadian anti-tariff ad that features former President Ronald Reagan. Business Insider

Last updated: 05 November 2025