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Carney

All articles tagged with #carney

business8 days ago

Canada backs West Coast oil link to Asia to unite provinces and expand exports

Prime Minister Mark Carney announced a public-private West Coast pipeline to ship up to one million barrels per day of Alberta oil to Asian markets, a policy shift aimed at boosting exports, addressing western separatism, and strengthening national unity. The project involves the Alberta government, Trans Mountain Corporation, and Pembina Pipeline, with funding details to be negotiated, and comes alongside a separate Canada–British Columbia deal to support LNG and mining projects.

via Politico|
#alberta#business#carney
Canada unveils a $3.2B plan to strengthen domestic food supply after Trump remarks
world27 days ago

Canada unveils a $3.2B plan to strengthen domestic food supply after Trump remarks

Canada announced a $3.2 billion food-security strategy to reduce reliance on foreign supply and shield households from shocks by boosting domestic production, expanding year-round fruits and vegetables, increasing competition in the sector, and streamlining regulations. The plan includes about $1 billion for new food terminals and distribution hubs to help independent grocers, nearly $130 million to enforce anti-competitive practices, and more than $1 billion in financing and grants to help producers and processors scale up and modernize. The approach aims to strengthen Canada’s supply chains amid inflation and global tensions, though experts caution it may not automatically lower grocery prices.

via Yahoo Finance|
#canada#carney#food-security
Canada bets on diversification as economy grows and deficits fall
world2 months ago

Canada bets on diversification as economy grows and deficits fall

Canada’s spring economic update forecasts about 2% growth this year and a deficit near C$67 billion, with Prime Minister Mark Carney steering toward reduced U.S. dependence through a 26-billion CAD sovereign wealth fund and new programs to train construction workers and fund apprenticeships, financed in part by higher oil revenues despite tariffs affecting some sectors.

via The New York Times|
#canada#carney#deficit
Middle powers plot fresh path for world trade as WTO stalls
world3 months ago

Middle powers plot fresh path for world trade as WTO stalls

Nearly 40 middle- and major-power economies, led by Canada’s Mark Carney, are pursuing coordinated reform of the World Trade Organization—or, if salvaging it proves impossible, a new rules-based trade order—at MC14 in Yaoundé, with the EU and CPTPP planning a plurilateral push on e-commerce and digital trade that could bypass consensus if needed.

via politico.eu|
#carney#cptpp#eu
canada4 months ago

Carney Nears Liberal Majority as Crossings and By-Elections Shape Canada

Prime Minister Mark Carney moves closer to a Liberal majority after Lori Idlout crosses to the Liberals, boosting them to 170 seats with two Toronto by-elections on April 13 and a potential Quebec Terrebonne rematch that could decide the fate of the Commons; resignations of Chrystia Freeland and Bill Blair add complication, and observers peg the outcome as still uncertain with the Liberals holding a fragile lead.

via Politico|
#canada#carney#liberal-party