US Edition'Build, baby, build': Canada PM's plan to counter Trump
The Major Projects Office aims to fast-track infrastructure to diversify trade beyond the US, with investments nearing $500 billion to boost Canada's energy and export sectors.
- Canada's unemployment rate rose to 7.1% in August, the highest outside the pandemic since 2016, with job losses linked to U.S. tariffs impacting the autos, steel, and aluminum sectors.
- Canada plans to invest $500 billion in infrastructure to boost internal trade and reach new markets in Europe and Asia, announced during Prime Minister Carney's visit to Germany.
- Energy Minister Tim Hodgson stated that Germany has expressed strong demand for Canadian liquefied natural gas, indicating a shift in trade focus.
- Greenpeace criticized Prime Minister Carney for supporting 'climate-wrecking infrastructure' while emphasizing the need for clean energy alternatives.
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By Geneviève NORMAND. Ports, highways, mines, pipelines... Buoyed by the attacks of Donald Trump, Canada is embarking on a series of major projects to diversify its activities, break its dependence on the American market and avoid an economic crisis. As soon as it was elected in April, Prime Minister Mark Carney had announced the colour: "Let's build on all-va" (------------------------------------------------------------------------------------…
Coverage Details
Total News Sources48
Leaning Left4Leaning Right9Center14Last UpdatedBias Distribution52% Center
Bias Distribution
- 52% of the sources are Center
52% Center
15%
C 52%
R 33%
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