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Canada · Economy and diplomacy

Canada's trade minister targets a year-end India pact as negotiators prepare October talks

International Trade Minister Maninder Sidhu said Canada is optimistic about concluding a comprehensive economic partnership agreement with India by the end of 2026. Indian negotiators are expected in Canada next month, with energy, nuclear cooperation and critical-mineral investment among the priorities. No agreement has been signed.

Why it matters

A completed pact could affect Canadian exporters, investors and energy and critical-mineral supply chains. It remains a negotiation, with tariff schedules, services access and an effective date still undisclosed.

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Canada · Economy and diplomacy
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Canada · Diplomacy & trade
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Canada · Diplomacy & trade

Carney proposes Canadian entry to Erasmus+ as broader EU framework remains undefined

In an address to the European Parliament, Mark Carney proposed Canadian participation in the EU's Erasmus+ student exchange and next-generation Horizon research programs. This is still a negotiating proposal, not approved membership, while the broader ‘associate member’ framework also remains undefined.

A successful negotiation could expand exchange and research opportunities for Canadian students and institutions. There is no new Erasmus+ eligibility yet and no new EU work, residence or free-movement right.

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Canada · Economy
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Canada · Economy

Bank of Canada deliberations highlight trade and energy-price risks

The September 16 summary explains the Bank's September 2 decision to hold its policy rate at 2.25%.

The summary shows how the Bank weighed tariffs, energy prices and inflation risks. It does not represent a second rate decision on September 16.

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Canada · Ontario · Housing & construction
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Canada · Ontario · Housing & construction

Canadian building permits fall 17.3% in July; Ontario down 25.2%

Statistics Canada's September 16 release puts national permit value at C$12.2 billion and Ontario's at C$4.6 billion.

Permit data are a leading indicator of construction intentions and can inform assessments of Ontario activity and housing supply. They are not home-price or completion data.

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Canada · Markets
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Canada · Markets

S&P loosens eligibility rules for Canadian indices

Some foreign TSX-listed companies with substantial Canadian economic ties may qualify for Canadian indices from December 21.

Index funds may eventually rebalance, but eligibility does not guarantee inclusion.

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Canada · United States
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Canada · United States

Canadian alcohol still faces planned U.S. restrictions

The U.S. plans to adjust Irish whiskey tariffs, but no exemption has been announced for Canadian alcohol.

Canadian producers, logistics firms and cross-border sellers should continue planning around formal restrictions.

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