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] Canada would have to add 15.3% to its electricity production and/or importing capacities to meet the increased demand from the federal EV mandate by 2035. Fraser Institute
• [New] Expanding domestic compute capacity is expected to support the development of made-in-Canada AI solutions and align with the federal government's increasing emphasis on technological sovereignty, supply-chain resilience and data protection. Torys LLP
• [New] The Government of Canada stepped up with a bold new approach to increase the supply of housing in Canada, and launched Build Canada Homes, a new federal agency that will build and finance affordable housing at scale, while catalyzing a more productive homebuilding industry. Mirage News
• [New] The federal government will invest $1 billion through the Canada Housing Infrastructure Fund. Last Week in ConTech
• [New] The Canadian federal government has a target to deploy 84,500 chargers and 45 hydrogen stations across Canada by 2029. EV Infrastructure News
• [New] Canada will allow up to 49,000 Chinese electric vehicles (EVs) to enter at a 6.1% tariff, down from the previous 100% tariffs. Infinite
• [New] You do not believe the Bank of Canada will change course or cut interest rates any further at the start of 2026. BNN Bloomberg
• [New] Environment Canada expects 2026 to rank among the hottest years ever recorded. Hope Standard
• [New] Ksi Lisims LNG is expected to attract $30 billion in investment, create thousands of skilled careers and strengthen Canada's position as a global LNG exporter. BC Gov News
• [New] Trump's Greenland threats have turned the Arctic from a distant, long-term concern into an urgent strategic test for Canada, exposing how a region long treated as remote is now entangled in disputes over shipping routes, sovereignty and alliance politics. Yahoo News
• [New] Just when Canada thought it was getting its military house in order by finally meeting NATO spending targets, President Donald Trump's designs on Greenland have exposed the vulnerability of the vast, underpopulated and undergunned Canadian Arctic. Yahoo News
• [New] Economists surveyed by Bloomberg expect investment in Canada to grow 1.3% in 2026, up from just 0.6% last year. financialpost
• [New] Heading into 2026, Canadian businesses can expect continued challenges posed by a rapidly evolving trade environment. Mondaq
• [New] The increased use of the trade remedies system and the (often) high duties resulting from successful cases increase importation risk for Canadian businesses as well as the risk that they will become implicated in trade remedies litigation. Mondaq
• [New] Canadian prime minister Mark Carney announced his country will slash its 100% import tax on Chinese EVs to just 6.1%. TechCrunch
• [New] While managing the North American crisis, Canada continues to project a hawkish stance in the European theater, creating a disjointed foreign policy where Ottawa opposes authoritarianism in Europe while partnering with it in Asia. Ronin's Grips
• In Canada, a variety of ETF options - from single-asset Bitcoin funds to multi-crypto baskets - give investors flexibility based on their risk tolerance and strategy. MEXC
• Canada's next step must be to engage strategically with China to secure manufacturing partnerships that can replace jobs tied to U.S. exports with new opportunities in Canadian EV production. Pembina Institute
• Growing EV demand in Canada underpins the case for building out Canada's supply chains, including battery critical minerals, where Canada has a real economic opportunity to compete. Pembina Institute
• If EV adoption slows because prices remain out of reach, or in the absence of reliable long-term policy certainty, investment decisions and production timelines are put at risk, slowing the growth of Canada's EV sector and the jobs it supports. Pembina Institute
• Labour shortages are intensifying, with skilled trades under the most pressure, and projects Canada's construction industry will need to comprise more than 380,500 workers by 2034, including 111,600 new ones. Canadian Consulting Engineer
• Analysts expect to see the first Chinese automaker building in Canada within 12 months or sooner. Shifting Gears with Phoebe Wall Howard

Last updated: 28 January 2026