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Story summary
- On September 5, 2025, Canada announced a $370 million production incentive for the biofuels sector to aid canola farmers and domestic producers impacted by U.S. tariffs.
- Prime Minister Mark Carney plans to amend Clean Fuel Regulations to stabilize production and lessen U.S. import dependence.
- The government paused the light-duty zero-emission vehicle sales mandate due to U.S. tariffs on steel and aluminum.
- Additional initiatives include a CAD 5 billion Strategic Response Fund and "Buy Canada" procurement rules to strengthen domestic industries.
- Canada aims to boost its non-U.S. trade share to 50% by 2030, enhancing economic resilience against trade disruptions.
