A Review of Provincial Decisions and Trade Relations for Canadian Businesses in July 2026

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Provincial governments continued to focus on strengthening Canada’s economic competitiveness while balancing affordability, energy security, healthcare modernization, and climate resilience. Across the country, governments advanced major energy and infrastructure projects, responded to flooding and wildfire events, expanded healthcare access, and introduced affordability measures for households.

The Next Chapter for North American Trade, A CUSMA Review

Canada Tariff response, a CUSMA update.

July 1 marked an important turning point for the future of North American trade. During the mandatory six-year review of the Canada-United States-Mexico Agreement (CUSMA), Canada and Mexico formally supported extending the agreement for another 16 years.

The U.S. Supreme Court’s Tariff Knockdown and What It Means for Canada

Canada Tariff response, a CUSMA update.

The last week in North American trade policy felt a bit like an earthquake with no Richter scale: the U.S. Supreme Court invalidated the sweeping tariff regime that former U.S. President Donald Trump had imposed on dozens of countries using a Cold War-era statute called the International Emergency Economic Powers Act (IEEPA).

Mark Carney and his views on the changing world

Mark Carney and the changing world.

Mark Carney’s views on the changing world: This week, PM Carney spoke to the World Economic Forum Annual Meeting. The Prime Minister spoke about the “rupture” in international politics, making the case that the rules-based order that used to govern countries’ actions is vanishing. Creating an environment where powerful countries take what they want, often at the expense of others.

Canada provides details on Buy Canadian Policy

Canada Tariff response, a CUSMA update.

On December 16, 2025, the Government of Canada announced its long-awaited definition of a ‘Canadian Supplier’. While doing so, the government introduced two new policy instruments:

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