Source link : https://www.mondialnews.com/2025/09/12/carney-unveils-ambitious-projects-to-help-canada-overcome-impact-of-trumps-tariffs/
In a strategic response to the economic challenges posed by former President Donald Trump’s tariffs, Canada has announced a suite of major infrastructure and trade initiatives aimed at mitigating the impact on its industries. Unveiled by Finance Minister Jim Carney, the measures seek to bolster Canada’s competitiveness and secure new market opportunities amid ongoing trade tensions with the United States. The New York Times reports that these projects represent a significant push to protect Canadian businesses and sustain growth during a period of heightened economic uncertainty.
Carney Announces Strategic Infrastructure Investments to Boost Canadian Exports
Mark Carney, the former Governor of the Bank of England and now advisor to the Canadian government, has announced a series of strategic investments aimed at strengthening Canada’s export infrastructure. These projects are designed to counteract the negative effects of increased U.S. tariffs under the previous administration, which disrupted trade and slowed growth for key Canadian industries. Key initiatives include modernizing port facilities on both the Atlantic and Pacific coasts, expanding rail capacity to streamline goods transportation, and investing in advanced customs technology to reduce delays at border crossings.
These infrastructure improvements are expected to significantly boost Canada’s export efficiency and competitiveness on the global stage. The government outlined a multi-year commitment…
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Author : Charlotte Adams
Publish date : 2025-09-12 11:39:00
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