Canada maps a resilient growth path amid global turmoil
TL;DR Summary
On the first anniversary of a surprising election win, Prime Minister Mark Carney’s government unveils a Spring Economic Update that touts Canada’s economy growing at the second-fastest pace in the G7, funds a sovereign wealth fund and a skilled-trades initiative, and lays out two scenarios—one favorable if oil stays high and global disruptions stay moderate, another bleaker due to widespread supply shocks—while emphasizing the USMCA protections and export diversification to shield Canada from a volatile world.
- Mark Carney shares blueprint for domestic strength amid global chaos Politico
- Prime Minister Mark Carney Says Canada’s Economy Is Expected to Grow and Deficit to Fall The New York Times
- Liberals on better-than-expected ground, plan to spend billions on skilled trades in economic update CBC
- PM Carney spending billions to train more workers, deficit decline short-lived CTV News
- Opinion: This ‘New Government’ has no interest in arresting our economic decline The Globe and Mail
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