AGP Executive Report
Last update: 2 hours agoFederal Budget: Finance Minister François-Philippe Champagne tabled Budget 2026 as Ottawa faces economic and trade uncertainty. The plan aims to curb Canada’s reliance on the U.S., while economists urge fiscal restraint despite an oil windfall. U.S. Trade: Mark Carney says Washington has dropped demands on Canadian culture and third-country trade deals, but negotiations remain unfinished. Democrats’ midterm gains have raised hopes for tariff relief, though experts caution it is far from guaranteed. China Trade: Ottawa and Beijing extended tariff relief for Canadian canola, lobster, crab and other products through 2028, offering exporters some certainty as Canada pursues wider trade diversification. Alberta Electoral Map: The legislature moved to formalize proposed riding changes. Banff-Kananaskis MLA Sarah Elmeligi accused the UCP of drawing the map for political advantage; the changes are not yet final. Economic Outlook: Canada’s economy grew 1.9% in 2025, with household spending and government outlays supporting growth as exports fell and business investment in machinery declined.
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