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Today, the Prime Minister, Mark Carney, met with provincial and territorial premiers and shared his plan to build one strong Canadian economy.The trade war brought on by the United States has renewed the urgency to address longstanding barriers that have fragmented our economy and reduced opportunities for Canadians. At the top of the agenda, the Prime Minister updated premiers on the Government of Canada’s actions to support workers and businesses affected by tariffs.To support workers, the new government will:Temporarily waive the one-week employment insurance (EI) waiting period.Suspend rules around separation for a six-month period, so workers don’t have to exhaust severance pay before collecting EI.Make it easier to access EI by increasing regional unemployment rate percentages.To support businesses, the new government will:Defer corporate income tax payments and GST/HST remittances from April 2 to June 30, 2025, providing up to $40 billion in liquidity to businesses.Deploy a new financing facility for businesses.Provide more funding to Canada’s regional development agencies, so they can better support businesses.The Prime Minister and the premiers agreed that by working together to unlock economic projects and remove barriers, Canada can more than offset the effects of U.S. tariffs – creating higher-paying jobs, maximizing our economic potential, and becoming stronger at home and stronger abroad.To that end, Prime Minister Carney outlined a suite of measures to develop a national trade and economic corridor. This corridor will drive investment, create jobs, and build economic growth. It will include:The creation of a First Mile Fund, building transportation networks to connect energy extraction sites to rail lines and roads. By providing capital to finance these key infrastructure projects across the country, the Government of Canada will expedite project construction and create a more integrated and accessible Canadian economy.A “one window” approval process, streamlining approvals for large-scale, national-interest infrastructure projects. This new measure will create clear, predictable, and efficient review processes – with the highest standards for safety, environmental protection, and Indigenous consultation – and reduce uncertainty for investors.A contribution agreement of up to $200 million toward the construction, commissioning, and operation of a new Indigenous majority-owned Cedar LNG processing facility. A partnership between the Haisla Nation and the Pembina Pipeline Corporation, this project will create hundreds of highly skilled construction and trades jobs, generate over $275 million in economic growth, and get Canadian energy to domestic and international markets.A $175 million investment in the Hudson Bay Railway and at the Port of Churchill, in Manitoba. This critical investment in Canadian trade and railway infrastructure will expand and open new transportation corridors, bolster economic growth and reconciliation in the Canadian Arctic and North, and help get Canadian products to global markets.Furthermore, Prime Minister Carney stressed the imperative to break down barriers to interprovincial trade. To build a stronger and fairer economy, he committed to table legislation by July 1, 2025, to eliminate all federal barriers to interprovincial trade and labour mobility and to remove all federal exemptions under the Canada Free Trade Agreement.By harmonizing regulations and enhancing labour mobility, Canada can create a truly open Canadian market – one that reduces costs for its businesses and consumers alike. This will help strengthen supply chains, boost productivity, and unlock new opportunities for Canadian companies.Quote“By working together, we can expand and build one more interconnected and resilient Canadian economy. Canadians are ready to show the world that we can cheer for different teams and still be one strong team when it counts.The Rt. Hon. Mark Carney, Prime Minister of CanadaAssociated LinksCanada-United States relationsCanada’s response to U.S. tariffs on Canadian goodsGovernment of Canada announces support for Cedar LNGSupport for the Hudson Bay Railway and Port of Churchill Canada

“Today, Canada’s First Ministers met to discuss how to continue building a strong and united Canada. They reaffirmed their commitment to take action to capitalize on our economic strengths and to work together to address the threats of unwarranted and unjustified tariffs being imposed by the U.S. on Canadian imports. They shared their views on building a stronger Canadian economy.“First Ministers discussed the need to foster procurement across the country to make it easier to buy Canadian. They highlighted that they are accelerating mutual recognition of products and professional credentials, while respecting Quebec’s specificity, in order to maximize economic opportunities for Canadian businesses and workers. To support this, the Prime Minister committed that federal regulation would not be a barrier to free domestic trade. First Ministers emphasized that Canada is stronger when we are united, and that now more than ever, reducing trade barriers is a priority.“First Ministers also discussed how to advance major projects across the country. Premiers acknowledged the Prime Minister’s confirmation that the federal government intends to recognize provincial and territorial environmental assessment processes as effective in implementing a ‘one project, one review’ approach to getting projects built.“First Ministers confirmed that a national trade corridor that connects the country from coast to coast to coast – to transport and export oil, gas, agricultural products, electricity, critical minerals, and other commodities – is a shared priority and is essential to support Canadian sovereignty and economic well-being. They agreed to continue discussions on advancing this work, contingent upon social acceptability. They also reaffirmed the need to bolster our Arctic security and fully realize the North’s economic potential in collaboration with Indigenous partners. They underscored the importance of prioritizing major projects that benefit all Canadians, including those in the critical trade, energy, and public infrastructure sectors.“First Ministers expressed concern about the impacts of China’s recently announced tariffs on Canadian canola, peas, pork, and seafood. The Prime Minister affirmed that Canada will escalate its engagement with China at the highest level to seek the removal of these tariffs and will continue to do so while also ensuring the ongoing protection of Canada’s automotive and manufacturing sectors and in alignment with key trading partners.“First Ministers noted their desire to work together on issues of community safety and to have a further discussion on this topic on a priority basis.“First Ministers agreed to continue to meet regularly to defend Canada’s economy and sovereignty.”

Today, Prime Minister Carney met with the leaders of the three National Indigenous Organizations: the National Chief of the Assembly of First Nations, Cindy Woodhouse Nepinak, the President of Inuit Tapiriit Kanatami, Natan Obed, and the President of the Métis National Council, Victoria Pruden.During the meeting, the Prime Minister shared his vision for building one strong Canadian economy – the strongest in the G7, built in partnership with Indigenous Peoples. The Prime Minister and the federal government will embed meaningful reconciliation with Indigenous communities, ensuring that their leadership and perspectives are integral to building a thriving, inclusive economy.The Prime Minister emphasized that the federal government will seek partnership and input from Indigenous leaders on how to build our economy together, including opportunities for Indigenous participation in major projects and respect for Indigenous rights. Prime Minister Carney highlighted that the Government of Canada will be doubling the Indigenous Loan Guarantee Program from $5 billion to $10 billion and opening it to sectors outside of energy and natural resources to support more Indigenous-led infrastructure, transportation, and trade projects across the country. This will ensure that rights-holders are a part of Canada’s accelerated push to build.Prime Minister Carney reiterated his commitment to advancing reconciliation, upholding the United Nations Declaration on the Rights of Indigenous Peoples, and taking a distinctions-based approach with First Nations, Inuit, and Métis.Prime Minister Carney thanked National Chief Woodhouse Nepinak, President Obed, and President Pruden for agreeing to meet on short notice. The leaders agreed to continue working together.

Today, Prime Minister Carney announced that the Government of Canada will cancel the proposed hike in the capital gains inclusion rate. Cancelling the increase of the capital gains inclusion rate is a recognition of the vital role that builders and small businesses play in shaping Canada’s future. It will strengthen Canada’s ability to catalyze the enormous private investment needed to create jobs and opportunities and to build a stronger future.In addition, the government will maintain the increase in the Lifetime Capital Gains Exemption limit to $1,250,000 on the sale of small business shares and farming and fishing property. The government will introduce legislation affecting the increase in the Lifetime Capital Gains Exemption limit in due course.The new government is focused on catalyzing investment, incentivizing builders for taking risks, and rewarding them when they succeed. It is time to build.Quote“Canada is a country of builders. Cancelling the hike in capital gains tax will catalyze investment across our communities and incentivize builders, innovators, and entrepreneurs to grow their businesses in Canada, creating more higher paying jobs. It’s time to build one Canadian economy – the strongest economy in the G7.”The Rt. Hon. Mark Carney, Prime Minister of Canada

Canada is in a housing crisis – demand has gone up, supply has not kept pace, and prices are too high. The new government of Canada is taking immediate action to address this crisis.Prime Minister Carney today announced that the Government of Canada will eliminate the Goods and Services Tax (GST) for first-time homebuyers on homes at or under $1 million. This tax cut will save Canadians up to $50,000 – allowing more young people and families to enter the housing market and realize the dream of homeownership. By eliminating the GST, Canadians will face lower upfront housing costs and keep more money in their pocket. Eliminating the GST will also have a dynamic effect on increasing supply – spurring the construction of new homes across the country.The Prime Minister is laser-focused on lowering costs and will continue to present serious solutions to ensure Canadians are better off. The Government of Canada will confront the housing crisis head-on and build the strongest economy in the G7.Quote“Our government is laser-focused on lowering costs for Canadians and making homeownership a reality. Eliminating the GST will save first-time homebuyers up to $50,000 and spur housing construction across the country. We will announce a series of new measures to increase housing supply shortly. It’s time for focused action to solve the housing crisis, and it’s time to build a Canada you can afford.”The Rt. Hon. Mark Carney, Prime Minister of Canada

Jasper is Canada’s crown jewel. As the town’s residents and businesses rebuild from last summer’s devastating wildfire, the Government of Canada will be there to support the community.Today in Edmonton, Prime Minister Carney is announcing a $187 million investment to repair and rebuild critical infrastructure in Jasper National Park. This funding, provided to Parks Canada over two years, will support the reconstruction of roads, campgrounds, trails, and permanent staff housing, and help provide interim housing options for staff and residents during rebuilding.This infrastructure is essential to the town of Jasper and Jasper National Park. The funding announced today will help accelerate rebuilding during the construction season beginning in May – avoiding delays and ensuring these critical repairs are completed effectively.Quote“During last summer’s devasting Jasper wildfire, Canadians came together to protect and support this incredible town. Our new investment will help restore Canada’s crown jewel and help the people of Jasper rebuild their park, their economy, and their lives.”The Rt. Hon. Mark Carney, Prime Minister of CanadaAssociated LinkRebuilding Jasper  

Today, the Prime Minister, Mark Carney, met virtually with the Prime Minister’s Council on Canada-U.S. Relations. The Council is comprised of leaders in business, innovation, and policy who, through their expertise, advise the Prime Minister and Cabinet during this crucial time in the Canada-U.S. relationship.During the meeting, Prime Minister Carney and Council members discussed the current status of U.S. tariffs on Canada – including those that are anticipated to be implemented on April 2. They spoke of Canada’s response, including counter-tariffs, support measures for affected Canadian businesses and individuals, as well as the additional measures taken by provinces and territories.The Prime Minister emphasized the importance of engaging with U.S. counterparts on the basis of mutual respect. He also highlighted Canada’s strategic imperative to fortify Arctic security, to create trading relationships with new partners, and to build the strongest economy in the G7.Quick FactAs of March 19, 2025, Council membership includes:Tabatha BullMartin CaronJean CharestArlene DickinsonTim GitzelWes HallLinda HasenfratzAmbassador Kirsten HillmanDavid MacNaughtonStephen McNeilRachel NotleyLana PayneShahrzad RafatiPeter TertzakianJody ThomasBrian ToppMark WisemanSteve VerheulFlavio VolpeHassan YussuffAssociated LinksCanada-United States relationsCanada’s response to U.S. tariffs on Canadian goods 

Now more than ever, we need to reaffirm Canadian sovereignty by strengthening our military, bolstering our Arctic security, and unleashing the North’s economic potential.Prime Minister Carney was today in Iqaluit, Nunavut, to announce initiatives in partnership with Inuit leaders to build the Nunavut economy and strengthen Canadian security and sovereignty in the Arctic.First, Prime Minister Carney announced that Canada intends to partner with Australia to develop advanced Over-the-Horizon Radar technology. This partnership will include developing Canada’s Arctic Over-the-Horizon Radar system, an investment of more than $6 billion that will provide early warning radar coverage from threats to the Arctic. A key component of Canada’s NORAD modernization plan, the radar system’s long-range surveillance and threat tracking capabilities will detect and deter threats across the North. Collaboration with Australia on this critical technology will further deepen our long-standing bilateral defence relationship, while supporting Canada’s commitment to strengthening North American defences in partnership with the United States.The Prime Minister confirmed the partnership in his call with the Prime Minister of Australia, Anthony Albanese, earlier today.Second, Prime Minister Carney announced that Canada will take on a greater, sustained, and year-round Canadian Armed Forces (CAF) presence in the Arctic – an investment of nearly $420 million to protect our sovereignty across land, air, and sea. With an expansion of its Northern and Arctic operations and training exercises, and the deployment of more personnel, the CAF will be better placed to defend Canada’s Arctic presence and sovereignty­ – while enabling greater collaboration with NATO Allies. Third, to advance reconciliation with First Nations, Inuit, and Métis, Prime Minister Carney announced over $253 million in new support to build a stronger economy across Nunavut, including:$94 million to upgrade power plants in Cambridge Bay, Gjoa Haven, Igloolik, and Iqaluit. These important energy upgrades will ensure that Nunavut communities have access to safe and dependable power.Almost $74 million to improve critical housing infrastructure, accelerate housing development, and help meet the growing demand for affordable housing.Almost $66 million to build, renovate, and repair hundreds more homes across Nunavut, including for Indigenous Peoples and underserved groups.$20 million to help the Nunavut Nukkiksautiit Corporation complete the first phase of the development of its hydroelectricity facility which will, once complete, provide renewable energy security and create jobs across Nunavut.Following a positive and constructive meeting with the Premier of Nunavut, P.J. Akeeagok, the two leaders agreed to continue to work together in partnership on shared priorities in the Arctic.The Prime Minister also met with Nunavut Tunngavik Incorporated as well as the President of Inuit Tapiriit Kanatami, Natan Obed, to reinforce the fundamental importance of their leadership and to establish a link of collaboration on major infrastructure projects.With an enhanced Arctic focus, the Canadian government is improving our military readiness, creating more high-paying jobs, and growing a stronger economy across the North. Working closely with Indigenous Peoples and our Allies, we will fortify the Arctic by strengthening our year-round presence, accelerating defence spending, unleashing the North’s economic potential, and reasserting Canada’s sovereignty and security.Quote“Canada is, and forever will be, an Arctic nation, and we can never take our sovereignty and security in the region for granted. Our government will strengthen Canada’s Arctic security, bolster partnerships with our closest Allies, unleash the North’s economic potential, and reaffirm reconciliation with Indigenous Peoples. Canada will remain a strong, secure, and sovereign nation.”The Rt. Hon. Mark Carney, Prime Minister of CanadaQuick FactThe Arctic region is central to Canada’s national identity, prosperity, and security. The Canadian Arctic covers 40 per cent of Canada’s territory and more than 70 per cent of its coastline. Related ProductReinforcing Canada’s security and sovereignty in the Arctic

Today, the Prime Minister, Mark Carney, met with the Prime Minister of the United Kingdom (UK), Sir Keir Starmer, as part of his visit to strengthen ties with steadfast and reliable partners for our economy and security.Prime Minister Carney and Prime Minister Starmer emphasized the importance of building a stronger Canada-UK relationship. The leaders highlighted transatlantic security and the trade and investment relationship between Canada and the UK. To that end, they discussed opportunities to expand the Canada-UK trade corridor and responsibly leverage technologies such as artificial intelligence and quantum to benefit workers and economies in both countries.The prime ministers reiterated their steadfast support for Ukraine as it continues to defend itself against Russia’s unjustifiable war of aggression. Prime Minister Carney expressed Canada’s support for an immediate ceasefire in Ukraine, highlighted support for Ukraine as a key part of Canada’s G7 Presidency, and commended the UK’s leadership efforts toward a lasting and sustainable peace.Anchored in long-standing alliances, shared histories, and enduring ties, the leaders agreed that the partnership between Canada and the UK will only get stronger.Associated LinksCanada-United Kingdom relationsPrime Minister Carney to strengthen ties with France and the United Kingdom and reaffirm Canada’s sovereigntyCanada-United Kingdom Trade Continuity Agreement

Today, the Prime Minister, Mark Carney, met with the President of France, Emmanuel Macron, during a visit to Paris to strengthen the economy and security of both of our countries.Prime Minister Carney and President Macron discussed their intention to build stronger economies and defence and commercial ties between Canada and France – including in the areas of responsible and safe artificial intelligence, critical minerals, and clean energy – and to defend rules-based free trade.The Prime Minister and the President highlighted the launch of a new bilateral partnership on intelligence and security. The partnership will focus on enhancing cybersecurity and intelligence sharing on significant threats. Key topics will include economic security, violent extremism, counter-proliferation, interference, espionage, sabotage, and threats associated with advanced technologies.Prime Minister Carney and President Macron reaffirmed their unwavering support for Ukraine as it continues to resist Russia’s unjustifiable war of aggression. The Prime Minister thanked the President for his leadership in organizing several important meetings regarding Ukraine over the past few weeks.The leaders emphasized the rich and strong relationship between Canada and France, rooted in a shared history and common language, strong ties between our cultures and our peoples, as well as shared values such as democracy, human rights, and the rule of law.Associated LinksCanada-France relationsPrime Minister Carney to strengthen ties with France and the United Kingdom and reaffirm Canada’s sovereigntyCanada named as Country of The Year for France’s 2025 Viva Technology