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] Wheat Yields: Between 2050 and 2100, wheat yields are projected to decline by 30% to 40% in major producing countries like China, Russia, the United States, and Canada. EDUREV.IN
• [New] Trump was referring to Canada's digital services tax, which was enacted last year and forecast to bring in Can $5.9 billion (U.S. $4.2 billion) over five years. hurriyetdailynews.com
• [New] As Canada pushes ahead with a new digital services tax on foreign and domestic technology companies, United States President Donald Trump has retaliated by ending all trade talks and threatened to impose additional tariffs on exports from Ottawa. Al Jazeera
• [New] President Donald Trump's decision to halt trade talks with Canada raises fresh uncertainty about the potential for the USA to impose new or steeper tariffs on aerospace products and raw materials. Flight Global
• [New] The Supreme Court of Canada has recognized that climate change has had a particularly serious effect on Indigenous peoples, threatening the ability of Indigenous communities in Canada to sustain themselves and maintain their traditional ways of life. SenCanada
• [New] Given a long history of broken promises and ongoing harms, trust is not something that Canada can expect or demand of Indigenous peoples. SenCanada
• [New] The building Canada act risks reducing environmental assessments to a mere box-ticking exercise, and Indigenous consultation to an afterthought. SenCanada
• [New] Canada has a National Adaptation Strategy to reduce risks across all levels of government, so that communities can take action to mitigate the worst effects of climate change. SenCanada
• [New] The United States is Canada's most important security and economic partner and will be for a very long time. SenCanada
• [New] The US is ending trade talks with Canada, effective immediately, over a tax on digital services that will impact American tech companies. Engadget
• [New] Canada has put its own cap on international students and curtailed the number of visas it will issue. The Guardian
• [New] In 2025, Indian IT professionals have a wealth of opportunities in countries like the United States, Canada, Australia, Germany, the UK, Ireland, and Singapore. Nri Globe - One globe. One root. Infinite NRI connectio
• [New] The streamlined rules could make New Zealand more competitive against traditional destinations such as Australia, Canada and the UK, particularly for STEM and business graduates eyeing long-term settlement. Business Today
• [New] Recent geopolitical tensions are prompting countries, including Canada, to reflect on their innovation strategies and seize new opportunities for growth. Business Daily
• [New] The potential for prolonged trade disputes with Mexico, Canada and China threatens the outlook for U.S. dairy demand. CoBank
• [New] Recent years have seen fires in areas previously considered low risk, including parts of northern Canada, Scandinavia, and Russia. Insurance Business
• [New] Going forward, the Government of Canada has implemented a lower cap on international student enrolment, which means the growth in travel services exports might not be as strong in the future. GAC
• [New] Canada's economic outlook for 2025 is marked by exceptional uncertainty, primarily stemming from the unpredictable trajectory of U.S. tariffs and trade policy more generally, and their future impact. GAC
• [New] The risks to Canada for not fulfilling its commitment include weakening relationships with other member states. The Conference Board of Canada
• The Canadian government continues to weigh the threats and opportunities that China's Arctic interests and investments pose. Belfer Center
• The ongoing US-China trade war, along with policy frictions such as the early-2025 imposition of a 10% tariff on Canadian biofuels, has rattled investor confidence and highlighted the vulnerability of cross-border UCO flows. FastMarkets

Last updated: 02 July 2025