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Industry Minister Mélanie Joly said the government is waiting to see if Trump follows through on his threat to increase steel and aluminum tariffs to 50 per cent through an executive order.
Canada is the largest steel supplier to the United States, accounting for nearly 25 per cent of all imports in 2023. About a quarter of all steel used in America is imported.
Agreements now in place with six provinces will help grow their economies by removing internal trade barriers.
The fund aims to provide strategic financial support to projects that accelerate the province’s critical minerals processing capacity and supply chain.
Real gross domestic product rose 2.2 per cent annualized in the three-month period, the agency reported, up a tick from 2.1 per cent in the fourth quarter.
The platform is designed as a software-defined, operational technology (OT)-compatible system intended to integrate and optimize industrial operations.
The project, called Bell AI Fabric, will help support Canadian businesses and governments' AI needs, ranging from strategy and applications development to infrastructure deployment, the company said.
Emerging technologies are equipping businesses with the tools to build more resilient, efficient and adaptable supply chains ...
Thailand is one of the region's largest economies with a gross domestic product (GDP) of over $500 billion in 2024.
The proposal is part of a larger proposed package that will expand on the actions across six previous Working for Workers Acts since 2021 and which will be unveiled in the coming days.
The KPMG report says that 76 per cent of those surveyed say they are bracing for the worst and taking steps to prepare for a Canadian recession, given the ongoing trade uncertainty.
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