Global Scans · Canada · Weekly Summary

WHAT'S NEXT?: The U.S. and Canada's new governments will have their work cut out dealing with potential changes to their trade agreements while simultaneously Canada will be anxious to implement CETA with the EU.

• [New] With proper development, Canada could emerge as a premier producer of lithium minerals, bolstering energy independence and strategically supporting the burgeoning global energy supply chain. Farmonaut
• [New] Closing the basic infrastructure gap will generate $635 billion in incremental economic output and create nearly 300,000 jobs. / Canada IRPP
• [New] To improve affordability, Canada needs to double the number of homes built annually by 2035, which will not happen without new and more productive building techniques. IRPP
• [New] Canada is in the depths of a housing crisis that threatens the ability of young Canadians to attain the standard of living that Canadians have come to expect. IRPP
• [New] By 2025, American and North American lithium miners will supply a majority of battery minerals needed for EVs, grid-scale storage, and green infrastructure projects in the United States and Canada. Farmonaut
• [New] As Ottawa promises to build, baby, build, the provinces line up behind new trade corridors and the private sector awaits new business opportunities - the stakes for Canada's economic future are high. Canada West Foundation
• [New] Canada is negotiating sectoral trade deals with the U.S. - in aluminum, pharmaceuticals and other strategic areas - that will likely persist alongside a revised Canada-U.S.-Mexico trade agreement. Global News
• [New] An Arctic Security Corridor, consisting of all-weather roads, ports and airports in northern territories that can be used for military and civilian purposes, could help to develop critical mineral potential while expanding Canada's defence capabilities. IRPP
• [New] The global energy transition will bring risks and opportunities for Canadian companies. IRPP
• [New] Canada has the potential to expand its production of aircraft, ships and military vehicles, using Canadian-made steel, while also developing capabilities in cybersecurity, drones, sensors, and warning systems. IRPP
• [New] Establishing local expertise and infrastructure in quantum technology will empower Canadian businesses to remain agile and competitive. PwC
• [New] Panel discussions will highlight key considerations in product development, the future of AI in Canada and the opportunities it creates for start-ups, healthcare organizations, and the broader ecosystem. OBIO - Ontario Bioscience Innovation Organization
• [New] The risks posed by artificial intelligence to Canada's culture, environment and workforce deserve more attention in a national strategy. CityNews Toronto
• [New] More Canadian post-secondary students are turning to AI for school and they are eager for additional opportunities learning how to use it. CBC
• [New] A modest shift in spending toward Canadian goods could generate $6 billion in value. Save with SPP
• [New] Canadian northerners now view the United States as the number one threat to the region, closely followed by Russia, and China as a distant third (17.1%). HCSS
• Canadian Real Estate Canadian Renters Outperform Homeowners In Most Cities: Even In Toronto Canadian real estate is renowned as a strong investment, but renters could have easily outperformed returns. Better Dwelling
• A large swath of low-rate mortgages renew in 2025; high household savings rates should provide a buffer, but there is still a risk that the next round of mortgage resets weigh on household spending. / Canada TD Securities
• Canadian household spending has been more resilient than expected over the last 18 months, despite painful mortgage resets in 2024 and sharply slower population growth through 2025. TD Securities
• The Canadian household sector has shown resilience but with risk in upcoming 2026 mortgage resets. TD Securities
• The fall season will trend cooler than average, particularly across the Prairie Provinces and Atlantic Canada. OkotoksOnline

Last updated: 15 October 2025