Gone are the days when Canada’s Prime Minister Mark Carney could go into a meeting with President Donald Trump with a goal of, at a minimum, doing no harm. Instead, when the two sit down in Washington on Tuesday,

President Donald Trump suggested that progress could be made on trade talks with Canada, after meeting with Prime Minister Mark Carney, but stopped short of offering any concrete assurances as tariffs continue to weigh on the neighboring economy.

The meeting comes as the critical free trade agreement among the U.S., Canada and Mexico is up for review in 2026.

Tapping into the pension funds would be just one part of a broader strategy to retain Canadian intellectual property and high-growth companies. Another key step is lowering taxes, according to McKay. “You have to make it more tax-efficient.”

In this week’s edition of Fuelled – the Financial Post’s video series on the energy sector – Western Bureau Chief Reid Southwick explores what it means for the economy and the country as a whole to lose these high-paying corporate roles.

Canada's Prime Minister Mark Carney is making his second visit to the White House in five months on Tuesday under increasing pressure to address U.S. tariffs on steel, autos and other goods that are hurting Canada's economy.

Canada is projected to record a GDP growth rate of 1.3 per cent in 2025 and tick higher, to 1.7 per cent, in 2026, Deloitte’s fall 2025 economic outlook said.

Canada’s flag carrier is the first North American legacy airline to offer free drinks across its whole network.View on euronews