Mark Carney
Prime Minister Mark Carney rolled out a series of measures on Friday that he says will transform Canada’s economy into a force that can withstand the trade shocks of the Trump administration. The measures announced in the strategy have been targeted to specifically help workers and businesses that have been most impacted by US President Trump’s tariffs and trade disruptions. …”We are charting an economic strategy to move Canada from reliance to resilience, from uncertainty to prosperity.” A noteworthy part of the plan is to pause the electric vehicle (EV) mandate. …The measures are wide-ranging and involve a mix of loans, training and policy moves. Up to 50,000 workers will be able to access a new “reskilling package” that will help them with training. …A new $5-billion fund will help businesses develop products and find new markets. …A buy Canadian policy. …Helping businesses with cash flow.
Related coverage in the Globe & Mail by:
- Laura Stone & Stephanie Levitz: Carney unveils billions in aid to help tariff-hit sectors
- Campbell Clark: Without a deal with Trump, Carney rolls out responses for an economic rupture