October 23, 2026

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Canada launches $6.2bn Manufacturing Resilience Initiative.

** Finance Minister Mark Carney announced a $6.2 bn “Manufacturing Resilience Initiative” to modernise Canadian factories, fund green‑tech upgrades and offer tax incentives for reshoring production. The move comes as U.S. tariffs on Canadian goods inflame trade tensions, prompting diplomatic sparring and concerns over the future of the USMCA.

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