AGP Executive Report

EU Pivot Amid U.S. Trade War: Prime Minister Mark Carney is exploring a new “associate member” status with the European Union, with EU officials reportedly open to creating a special arrangement as Ottawa tries to reduce dependence on Washington; talks cover freer movement for goods, services and workers plus joint work in energy, AI, defence and critical minerals, and Carney is set to address the European Parliament in Strasbourg and meet Macron in Saint-Pierre-et-Miquelon. Canada–U.S. Escalation: The U.S. has moved to ban Canadian dairy, alcohol and motorcycles starting Sept. 29, adding to a tariff fight that’s already reshaped cross-border supply chains. Ukraine Support: Canada is reportedly looking to increase financial assistance to Ukraine to strengthen EU ties, while Carney and Zelenskyy deepen defence cooperation, including drone and air-defence plans. Protests at Investment Summit: Hundreds of executives and global asset managers are arriving in Toronto for Carney’s Canada Investment Summit, but unions, Indigenous leaders and climate/housing groups plan demonstrations against putting the economy in CEOs’ hands. Energy/Industry Watch: LNG Canada Phase 2 is nearing a final investment decision as Chinese firms discuss module supply with the Shell-led project’s lead contractor.

Canada–U.S. Trade War: The U.S. has announced a Sept. 29 import ban on Canadian dairy, most alcohol and motorcycles, plus new federal procurement rules that exclude Canadian products from large U.S. government contracts, as the tariff fight deepens. Canada’s Retaliation: Ottawa’s counter-tariffs—up to 50% on about $27.6B of U.S. goods—are already set to hit food ingredients and packaging first, raising the odds of grocery pressure. Europe Pivot: Prime Minister Mark Carney is pushing closer ties with Europe, including talks on an EU “associate membership” model, while also meeting UK PM Andy Burnham in Liverpool next week. Middle East Sanctions: The UK, joined by Canada and France, moves to ban trade with illegal Israeli settlements and target services that enable settlement expansion. Energy & Nuclear: Cameco is highlighted for controlling uranium refining that keeps Canada positioned in the nuclear fuel chain. Housing Watch: CMHC warns affordability gains could weaken as construction slows. Sports: Chris Kreider signs a one-year deal with the Montreal Canadiens. Culture: Hamilton’s Film Board is hosting its first TIFF party, spotlighting local production growth.

Canada-U.S. Trade War: The U.S. has announced a ban on Canadian dairy, alcohol and motorcycles, effective Sept. 29, as Washington expands federal procurement rules to exclude Canadian products from major government contracts—while Trump again says a deal could come “fairly soon.” Retaliation at Home: Canada’s counter-tariffs are already in motion on about $27.6B of U.S. goods, with sectors like steel, dairy, electronics and plastics in the mix, adding uncertainty for cross-border supply chains. EU/UK Pivot: Prime Minister Mark Carney heads to Strasbourg and Liverpool to deepen ties with the EU and meet UK PM Andy Burnham for the first time, focusing on defence, energy, AI and critical minerals. Israel Settlements Sanctions: The UK, joined by France and Canada, moves to ban trade in goods from illegal Israeli settlements in the occupied West Bank. Energy & Industry: Construction starts on Alberta’s Origins carbon capture and storage hub, targeting up to 1.5M tonnes of CO2 storage annually from Jan. 2027. Tech & Services: Ottawa launches Digital Transformation Canada to modernize federal systems and expand responsible AI use.

Canada–U.S. Trade War: The White House announced new U.S. import bans on Canadian dairy, alcohol and motorcycles starting Sept. 29, adding to Ottawa’s retaliatory tariffs after talks collapsed. Auto Shock: Trump also threatened to raise tariffs on Canadian-built pickups and SUVs (including Silverado, RAV4 and CR-V) from 25% to 50% in 2027, raising fresh price worries for cross-border production. Housing Costs: Canada’s counter-tariffs on U.S. homebuilding materials are already being blamed for higher construction costs and delays. Ukraine Partnership: Zelenskyy called the Canada–U.S. tension “strange” while in Canada, as Ottawa pushes deeper Ukraine cooperation, including energy and air-defence support. Global Trade/Politics: Canada joined the growing coalition of countries backing a ban on goods from illegal Israeli settlements in the West Bank, following the UK and France. Business & Jobs: Canada’s beef market access is back after the Dominican Republic approved imports again. Culture: TIFF continues to spotlight Canadian stories, including Jay Baruchel’s “The Stunt Driver.”

Canada–UK/France Israel Settlements Ban: The UK says it will stop trade tied to illegal Israeli settlements in the occupied West Bank, targeting specific companies and services; France says it will end trade with settlements alongside 11 other countries. Canada–U.S. Trade War: The White House announced a Sept. 29 import ban on Canadian dairy, alcohol and motorcycles, adding procurement exclusions as tensions follow Canada’s retaliatory tariffs. Ukraine Support Boost: Zelenskyy and PM Mark Carney agreed on seven new aid packages and drone-focused initiatives, including $350M for interceptor missiles and more defence and energy cooperation. Defence & Drones Dealmaking: Canada and Ukraine are pushing a 100-year partnership built around drones, counter-drone tech and air defence as missile shortages loom. Energy Review Backlash: Manitoba First Nations and environmental groups warn that Ottawa’s reduced federal review for some energy projects could weaken consultation and treaty protections. AI Fundraising Watch: Cohere is in advanced talks to raise up to $3B, potentially valuing the Toronto AI firm around $20B. Local Economy & Infrastructure: In southern Alberta, Highway 3 twinning is “actively underway,” while Taber’s sugar industry coverage highlights how the beet factory supports jobs and food supply. Markets & Money: Statistics Canada reports household wealth topping $19T as equities drive a strong quarter.

Canada–Ukraine Defence Push: Prime Minister Mark Carney met President Volodymyr Zelenskyy in Calgary, signing a 100-year partnership and announcing major air-defence and energy support, including FREYJA anti-ballistic missile participation and new interceptor and drone cooperation as winter pressure mounts. Trade War Fallout: The U.S. moved to ban Canadian dairy, alcohol and motorcycles from Sept. 29, while Michigan swing voters say higher prices are the likely result of the Canada tariff fight. Climate Targets Under Strain: New analysis says Canada is more than 20 years behind on its 2030 emissions path and may miss 2030 even by 2050, as Ottawa also trims federal Impact Assessment reviews for oilsands and pipelines. Critical Minerals & Battery Tech: Canada highlighted critical-mineral supply ties with India, while HPQ Silicon and partners are working on an integrated lithium-ion anode approach combining silicon and graphite. Capital Markets & Investment Summit: Canada’s Investment Summit prospectus added projects like Troilus and E3 Lithium, as Ottawa courts long-term funding for strategic industries. Cybersecurity: An IDScan breach exposed sensitive identity data tied to driving licences and passports for people in the U.S. and Canada.

Canada–Ukraine 100-year deal: Prime Minister Mark Carney and President Volodymyr Zelenskyy signed a declaration in Calgary to build a long-term partnership spanning defence, energy, critical minerals and trade. Air defence push: Canada pledged about C$350M (via the U.S. Jumpstart mechanism) for air-defence interceptors and also offered C$450M in loan guarantees to help Ukraine secure gas and shore up winter energy needs. Drones ramp-up: Carney said Canada will send one-third of all drones it manufactures to Ukraine and is launching a national drone marketplace so Canadian forces can access nearly 400 trusted suppliers. Canada–U.S. trade fallout: The U.S. announced bans on key Canadian imports—dairy, most alcohol and motorcycles—effective Sept. 29, escalating a tariff fight that’s already hit industries and shipping. Disability support: Canada Disability Benefit recipients will get a one-time C$150 supplemental payment starting Sept. 17 to help cover the disability tax credit step.

Canada–U.S. Trade War: Prime Minister Mark Carney’s cabinet is meeting in Banff as Washington escalates with new import bans and “stacking” tariffs, while Ottawa hits back with counter-tariffs on about $20B of U.S. goods—sparking fallout fears for farmers, manufacturers, and consumers. Ukraine Visit: Volodymyr Zelenskyy arrives for a three-day Canada trip focused on defence, economic and energy cooperation, including talks on protecting Ukraine’s skies ahead of winter. Alcohol Shock: Experts warn Canadian distilleries and spirit makers face the toughest hit from the U.S. proposed booze ban, with limited workarounds due to existing trade and production rules. Finance & AI: Canadian bank CEOs are leaning hard into AI, as the Bank of Canada warns many jobs could face major change. Energy & Industry: Enbridge moves to buy Tallgrass’s crude oil business for $2.55B, while Enhance Energy breaks ground on Alberta’s Origins carbon capture hub. Tech & Payments: Tetra Digital and Berkeley Payment Solutions partner to bring Canadian-dollar stablecoin settlement to 500+ Canadian businesses. Culture: TIFF launches “TIFF: The Market” as film deals shift amid the trade fight.

Canada–U.S. Trade War: The U.S. escalated its tariff fight with Canada by banning Canadian dairy (including whey and cheese), alcohol (beer, wine, spirits), and motorcycles/mopeds starting Sept. 29, while also expanding 50% tariffs on more Canadian goods; Canada, meanwhile, has already rolled out retaliatory tariffs on about $20B of U.S. products, with economists saying the overall hit to Canada may be limited but targeted industries will feel it. Cost Pressure: A Yale analysis cited in U.S. coverage estimates tariffs could add about $1,100 per U.S. household, as prices rise across everyday categories. Energy & Security: Canada’s Ocean Supercluster backed a $1.1M project to develop MSX-resistant oyster seed for PEI; and the Canada Infrastructure Bank approved a $20M wind-plus-storage loan near Agnico Eagle’s Hope Bay mine. Workforce & AI: A Randstad Canada report flags an “AI reality gap,” with many employers optimistic while workers are less convinced AI benefits them. Immigration Policy: Canada expanded a temporary pathway letting some foreign workers study without a separate study permit, effective Sept. 4, 2026 through Dec. 31, 2027.

Canada–U.S. Trade War: The U.S. is banning a range of Canadian goods—dairy, most alcohol and some motorcycles—starting Sept. 29, as Washington also expands 50% tariffs and moves to block Canadian products from big U.S. government contracts. Retaliation: Canada’s countertariffs are already in effect on about $20B of U.S. imports, with both sides warning the fallout could hit prices, supply chains and jobs. Bombardier Pressure: The dispute is also spilling into aerospace, with Trump threatening to bar Bombardier jet sales in the U.S. unless production is moved stateside. Middle East Ripple: Britain, France and Canada announced bans on imports from Israeli West Bank settlements, prompting Israel to retaliate diplomatically. Energy & Markets: Oil prices stayed elevated after Houthis attacked Saudi energy facilities, while crude benchmarks rose on renewed U.S.–Iran strikes. Canada Business/Finance: CPP Investments Insights Institute says global funds rank Canada low on investibility ahead of Carney’s investment summit. Health/Industry: Canada Infrastructure Bank closed a $20M loan for an Inuit-led Nunavut wind project powering an Agnico Eagle gold mine. Media Probe: CBC/Radio-Canada report a Vietnamese AI fake-news operation targeting Canadians.

Canada-U.S. Trade War: Canada’s retaliatory tariffs kicked in Tuesday on about $20B (and roughly $27.6B) of U.S. goods, with duties hitting hundreds of items from dairy and cheese to steel, appliances and golf gear—while PM Mark Carney says Ottawa will move faster to cut U.S. reliance and deepen ties with Europe. Market Watch: The S&P/TSX slid nearly 400 points as U.S. stocks also fell, with the Canadian dollar around 72.55 U.S. cents. Bombardier Pressure: Trump renewed threats to block Bombardier jet sales in the U.S. unless production shifts stateside, drawing pushback from U.S. senators urging de-escalation. Local Impact in the U.S.: Wisconsin and Maine lawmakers warned tariffs could squeeze dairy, paper and other industries in key swing states. Middle East Sanctions: Canada joined the UK and France in sanctions targeting Israeli West Bank settlements, with Israel responding by closing the UK consulate in East Jerusalem. Energy & Business: Enbridge CEO Greg Ebel will retire by end-2026, with Michele Harradence named successor; Elevra Lithium advanced its North American Lithium expansion pre-feasibility study in Quebec. Other Canada Notes: B.C. households are saving less, and the University of Waterloo placed 7th globally for entrepreneurship.

Canada–U.S. Trade War: Canada’s retaliatory tariffs kicked in Tuesday on about C$27.6B (US$20B) of American imports, with duties of 15%, 25% and 50% hitting sectors like steel and aluminum, dairy (including cheese), appliances, electronics, and some agricultural goods—while Ottawa says it’s matching Washington “dollar for dollar” after talks stalled. Bombardier Pressure: The tariff rollout comes as Trump escalated pressure on Bombardier, threatening to block sales of Canadian-built jets in the U.S. unless the company builds in America; Bombardier pushed back by pointing to its U.S. jobs and supplier footprint, and Kansas Sen. Jerry Moran urged the administration to consider Bombardier’s role in Wichita. Broader Fallout: Economists warn the new duties will raise costs for everyday items in Canada, and the standoff adds uncertainty for the wider North American trade framework. Geopolitics & Energy: Argentina filed a criminal complaint over Falklands-area drilling involving Canadian firms, while Iran hit back at Canada over statements on Hormuz, calling it “strategic confusion.”

Canada–U.S. Trade War: Ottawa’s retaliatory tariffs are set to hit early Tuesday, with up to 50% duties on about C$27.6B of U.S. goods, as the dispute stays frozen after failed talks. Bombardier Pressure: Trump escalated the fight by threatening to block Bombardier sales in the U.S. unless the company “builds here,” adding fresh pressure on Quebec’s aerospace sector. Quebec Politics: Premier Christine Fréchette warned more U.S. retaliation could follow Canada’s counter-tariffs, while Quebec’s election campaign keeps tariffs front and centre. Midterms Angle: A report says Canada’s tariff strategy was designed to target key U.S. states ahead of the 2026 midterms. Labour Impact: Union leaders say workers are already feeling cost-of-living stress and fear job losses as the tariff war drags on. Agriculture Support: Ottawa also moved on livestock and swine health, including a livestock tax deferral for weather-affected regions and $3.1M for faster swine disease surveillance. Business Finance: Swanson Reed bought Grant Ninja to help firms access grant and R&D tax credit cash sooner.

Canada–U.S. trade war: Trump escalated tariffs on $20B of Canadian imports with 50% duties, while Canada prepares counter-tariffs—raising fears of job losses and higher costs for cross-border freight and auto/steel supply chains. Energy & geopolitics: US-Iran tit-for-tat strikes hit Iranian crude tankers, lifting crude benchmarks as Hormuz tensions keep markets jumpy. Labour Day markets: Canada’s TSX and US exchanges close for the holiday, with trading resuming Tuesday; crypto markets stay open. Housing & cost pressure: Seniors report pensions and housing costs leaving groceries and rent out of reach, with affordability stress showing up again in public institutions. Workplace safety: Labour Day coverage highlights ongoing failures to protect workers, including cases involving serious injuries and negligence. Mining & investment: Saskatchewan extends AgriStability enrolment, while Canada’s critical minerals push continues alongside new exploration moves like uranium drilling in Newfoundland. Tech & policy: Canada’s data-centre development principles and AI guidance face growing local backlash as governments try to balance growth with oversight.

US-Canada Trade War: Trump escalated his dispute with Canada again, calling the Canadian dollar “unacceptable” and warning the imbalance won’t continue as both sides move deeper into tariffs and countertariffs that threaten autos, steel, dairy and other integrated supply chains. Countertariff Impact: Canada is set to hit about $28B in U.S. goods with new duties starting Tuesday, with the heaviest effects expected in swing states and key industries. Public Mood Shift: A Leger poll finds 41% of Canadians now see the U.S. as an “enemy,” with most of the shift blamed on Trump and his tariff push. Cost-of-Living Pressure: A TELUS Health report says rising living costs are the top financial stressor for Canadian workers, with many reporting anxiety and productivity hits. NORAD Radar Fight: In Ontario, farmers and residents are organizing against planned Arctic over-the-horizon radar sites, warning prime farmland and local history could be lost. Community & Culture: Greater Victoria’s annual Thanksgiving food drive returns Sept. 19, and a new executive director was named for Western Canada Theatre.

Canada–U.S. Trade Tensions: A new week of tariff fallout is leaving Canadians bracing for more pain after Mark Carney ended comprehensive talks, with reports highlighting frosty negotiations and growing public frustration as Trump’s approval sinks and many Canadians now see the U.S. as an “enemy.” Critical Minerals Leverage: Ottawa is pushing back on Trump by treating critical minerals as leverage, with Energy Minister Tim Hodgson warning he “gets even” as power plans aim to support new mining and processing. Agriculture Under Pressure: Canadian farmers and ag groups say uncertainty is the biggest issue, with producers warning that U.S. tariff moves are hitting inputs and markets—while toilet paper and other household goods are getting pulled into the trade fight. Grocery Affordability Push: The Green Party proposes a publicly owned supermarket chain, KiwiMart, to break up the duopoly and cut prices, estimating billions in acquisition and start-up costs. Local Public Safety: Kelowna Mayor Tom Dyas is asking Health Canada to deny renewal of a downtown supervised consumption site, citing thousands of police, fire, and bylaw calls since it opened. Finance/Policy: Canada’s immigration targets council recommends 380,000 admissions in 2027, 350,000 in 2028, and 340,000 in 2029, urging a more transparent, predictable system. Business & Industry: Mining finance is tightening as lenders demand stronger plans for construction inflation, permits, and operating risks, while Via Rail’s major car-building push keeps attention on Canadian manufacturing.