Humber urges fast, industry‑aligned reforms to tackle Canada’s productivity shortfall
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Canada pivots procurement to domestic firms, unveils C$500B defense-industrial plan
Ottawa will channel roughly C$500 billion of projected defense-related investment into the domestic supply chain over the next decade, targeting 70% of procurement for Canadian firms and measurable export and jobs goals. Early market signals — from specialist firms recruiting international talent to a spike in investor interest and private financing for suppliers — suggest demand is already reshaping industry behavior, but delivery will hinge on workforce development, financing and cross‑border coordination.
Venture for Canada CEO urges Ottawa to mobilize diaspora to strengthen economic resilience
Venture for Canada’s CEO told a Senate committee that Canada is risking underused global talent unless it builds clear channels for Canadians abroad to contribute to domestic economic renewal. He proposed coordinated diaspora engagement, reframing migration as talent circulation, and aligning programs to measurable national outcomes like productivity and trade diversification.

Canada and Alberta agree to speed approvals for Alberta major projects
Ottawa and Alberta published a draft co‑operation agreement to streamline environmental assessments and accelerate major project approvals, opening a 21‑day public comment period. The federal package is being paired with targeted domestic industrial supports (including a $4.4M prairie package for engineered‑wood projects) and procurement/time‑navigation tools intended to create demand and de‑risk early‑stage investments.

Federal funding backs modular homebuilding pilots to speed deliveries in Atlantic Canada
The federal government is directing nearly $13 million through ACOA to 28 projects in Atlantic Canada aimed at accelerating housing delivery by expanding modular and prefabricated construction. Key allocations include $1.8 million for the University of New Brunswick's off-site construction research work and a regional RHII pot of $3.9 million within a $50 million national envelope.

Aéro Montréal says federal Industrial Defense Strategy can channel defence contracts to Québec aerospace
Aéro Montréal welcomes the federal Industrial Defense Strategy as a real opportunity to steer defence procurement and investment toward Québec firms, and urges Ottawa to pair procurement signals with financing channels such as the Defence Investment Agency and a BDC ‘Defence Platform’ to de-risk supplier scale‑up. The cluster highlights procurement simplification, ITB policy modernization and faster security‑clearance and facility accreditation as immediate levers to turn national targets (C$500B and ~70% domestic sourcing) into local jobs, technology and exports.

Government of Canada backs Prairies forest transformation
Ottawa announced a $4.4M package to fund ten Prairie forestry projects, including a $2.3M grant to Western Archrib for a mass timber plant. The tranche is one strand of a national push — alongside regionally targeted grants (for example, a $580,000 award in Quebec and modular‑production funding in Atlantic Canada) and a $500M program renewal — that pairs factory upgrades with demand‑side tools and short‑term pilots to accelerate engineered‑wood markets.

Carney Pivots Canada’s Trade Strategy After Tensions With Washington
After a targeted tariff trimming compact with Beijing drew an explicit threat of punitive tariffs from Washington, Canada’s prime minister told U.S. leaders he will press ahead with a rapid program to diversify markets. The plan centers on roughly a dozen new agreements, short-term tactical tariff moves and a 10-year goal to materially shrink reliance on the U.S. market.

Canada labour market sheds over 100,000 jobs in early 2026
Statistics Canada shows a >100,000 fall in full‑time positions and the unemployment rate climbed to 6.7% amid new US tariff measures and an active USMCA review; legal maneuvers in Washington (including a shift toward Section 122 duties with a ~150‑day review window) and divergent export‑share estimates complicate the policy response and heighten near‑term risk to export‑exposed sectors.