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] In Canada, a variety of ETF options - from single-asset Bitcoin funds to multi-crypto baskets - give investors flexibility based on their risk tolerance and strategy. MEXC
• [New] Canada's next step must be to engage strategically with China to secure manufacturing partnerships that can replace jobs tied to U.S. exports with new opportunities in Canadian EV production. Pembina Institute
• [New] Growing EV demand in Canada underpins the case for building out Canada's supply chains, including battery critical minerals, where Canada has a real economic opportunity to compete. Pembina Institute
• [New] If EV adoption slows because prices remain out of reach, or in the absence of reliable long-term policy certainty, investment decisions and production timelines are put at risk, slowing the growth of Canada's EV sector and the jobs it supports. Pembina Institute
• [New] Labour shortages are intensifying, with skilled trades under the most pressure, and projects Canada's construction industry will need to comprise more than 380,500 workers by 2034, including 111,600 new ones. Canadian Consulting Engineer
• [New] Analysts expect to see the first Chinese automaker building in Canada within 12 months or sooner. Shifting Gears with Phoebe Wall Howard
• [New] Canada and China trade is no longer about maximizing volume; it is about managing risk, protecting strategic sectors, and navigating an increasingly fragmented global trade system. Infinite
• [New] The federal government is looking to replace the Royal Canadian Navy's four Victoria-class submarines with a fleet of up to 12 modern vessels starting in 2035. Airdrie City View
• [New] Saskatchewan's economy is projected to grow around 1.7% in 2026, maintaining its position among Canada's top-performing provinces, despite trade headwinds and softer commodity prices. BDC.ca
• [New] Canada has set a goal of increasing exports to China by 50% by 2030. Gizmodo
• [New] With the lower EV tariffs, approximately 10% of Canada's electric vehicle sales are now expected to go to Chinese automakers. BBC News
• [New] Canada should double its non-US exports by 2035 to reduce reliance on the US. The Guardian
• [New] Canada and China have reached an initial trade agreement that will eliminate tariffs on Canadian lobster, snow crab, and select agri-food products. SeafoodNews
• [New] With renewed U.S. tariff threats and growing trade instability, unions are calling on Ottawa to defend Canadian jobs, strengthen domestic industry, and ensure that any renewed agreement protects workers' rights, fair wages, and community economic stability. IFPTE
• [New] Because U.S. and Canadian regulators have been working together on eliminating overlap in SMR reviews, Canadian deployment approval could fast-track construction in America by the end of the decade. Partnership for Global Security
• [New] The capital cost for the grid investments averages $28 billion per year from now until 2050 and is below current investment level in the electric power sector in Canada, which totalled $32 billion in 2024 and is projected to reach $34.5 billion in 2026. Canadian Association for the Club of Rome
• [New] Canada's 2026-2028 Immigration Levels Plan signals a more controlled and deliberate approach. Ackah Business Immigration Law: Award Winning Canada La
• [New] We now see even more clearly that Canada is facing both significant external threats and internal economic and social challenges of affordability, regional disparity and fraying civic engagement. HILARY PEARSON
• [New] Canada's own threat outlook emphasizes an expanding, more complex threat environment through 2026, driven by both state and non-state actors. TECKPATH | Managed IT Services | Business IT Support
• [New] Canada's economic future will remain uncertain if short-term solutions keep being prioritized while ignoring the growth potential of the Indigenous economy. Mirage News
• [New] As the Office of Energy Research and Development's ongoing flagship funding program, the Energy Innovation Program advances clean energy technologies that will help Canada maintain a competitive, reliable and affordable energy system while transitioning to a low-carbon economy. Global Renewable News
• [New] Measures would support Canada's ambitious commitments on climate change, including exceeding the Paris Climate target by achieving 40 to 45% emission reductions by 2030 and getting to net-zero by 2050. Mirage News
• [New] AI tools used for medical triage, biometric identification, or patient diagnostics will be subject to the highest level of regulatory scrutiny in Canada, requiring developers to provide extensive documentation on bias mitigation and algorithmic validity. AI Healthcare Compliance

Last updated: 21 January 2026