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Canada to Launch $36 Billion Infrastructure Fund in Upcoming Budget

Canada's Prime Minister Mark Carney speaks during a press conference, on the sidelines of the 47th ASEAN Summit in Kuala Lumpur, Malaysia, October 27, 2025.   Canada’s federal government is preparing to unveil a sweeping $36 billion infrastructure fund as part of its upcoming budget. The initiative will target housing, transportation, and healthcare projects , aiming to stimulate economic growth while addressing pressing national needs. The fund represents one of the most significant infrastructure commitments in recent years. By channeling billions into local projects, Ottawa hopes to ease housing shortages, modernize public transit, and expand healthcare facilities . These investments are also expected to create jobs and provide long-term economic benefits, particularly in rapidly growing urban centers. In addition to infrastructure spending, the budget is anticipated to include measures to phase out older military fleets in order to reduce maintenance costs, while simultane...
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Trump Grants 30-Day Reprieve on Auto Tariffs for Mexico and Canada


In a recent move, President Donald Trump has announced a 30-day pause on tariffs for auto imports from Mexico and Canada. This decision comes after requests from major automakers, including Ford, General Motors, and Stellantis, who argued that the tariffs would put them at a competitive disadvantage.

The temporary exemption is intended to give these companies time to shift production to the United States, where they will not be subject to tariffs. White House Press Secretary Karoline Leavitt stated that the ultimate goal is to boost domestic auto manufacturing and reduce reliance on foreign production.

While the reprieve offers some relief to the auto industry, it is only a temporary measure. The 25% tariffs on auto imports from Mexico and Canada are still set to go into effect on April 2, unless further exemptions are granted.

The decision has sparked mixed reactions. Some industry experts believe that the pause will provide much-needed breathing room for automakers, while others are concerned about the long-term impact on cross-border supply chains.

As the deadline approaches, the auto industry will be closely monitoring any further developments and potential negotiations between the U.S., Mexico, and Canada.



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