Canada maps a resilient growth path amid global turmoil
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.