There will be two big drivers of how well global economies perform in the years ahead:<\/p>\n
How well countries negotiate on tariffs with the United StatesHow well countries adapt to tariffs<\/p>\n
It’s a big week on both fronts for Canada as Carney visited Washington and negotiators remain there. Going ahead, top Canadian policymakers are trying to craft a plan to cope and pivot the economy. In Toronto today, Innovation Minister M\u00e9lanie Joly is set to deliver a three-point strategy. Some of the details<\/a> were shared with the Globe & Mail.<\/p>\n In the short term, Ottawa is determined to prop up critical sectors of USD\/CAD is down 4 pips to 1.3945 today.<\/p>\n Shares of CAE are indicated slightly higher in the premarket.<\/p>\n","protected":false},"excerpt":{"rendered":"There will be two big drivers of how well global economies perform in the years ahead: How well…\n","protected":false},"author":2,"featured_media":200919,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[64,63,99,164],"class_list":["post-200918","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-au","tag-australia","tag-business","tag-economy"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/200918","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/comments?post=200918"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/posts\/200918\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media\/200919"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/media?parent=200918"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/categories?post=200918"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/au\/wp-json\/wp\/v2\/tags?post=200918"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nthe Canadian economy with financial relief until these industries can
\nadapt and pivot to new products and markets. This has already included support for steel and lumber.Canada will rebuild its military domestically with a Buy Canadian policy and the new Defence Investment Agency. One company cited was aviation simulator CAE (CAE.TO), which can ‘count lon long-term defense contracts’. \u201cFor the first time in decades, we will be re-creating a military industry in our country,\u201d she saidThe government intends to unveil measures to attract foreign investors
\nand high-quality talent and researchers from the United StatesOttawa’s new major projects office will fast-track infrastructure projects<\/p>\n