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Canada18 Apr

Canada fast-tracks $1 trillion investment plan

Canadian PM Mark Carney has approved a $1 trillion investment plan targeting AI, critical minerals, and Arctic projects while securing 12 new trade deals.

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Canada
Updated
Saturday, 18 April 2026 at 14:36 UTC
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Canadian Prime Minister Mark Carney has fast-tracked a major economic plan, approving $1 trillion in investments for sectors including artificial intelligence, critical minerals, energy corridors, and Arctic development. The government has also secured 12 new trade deals across four continents in the last six months, including partnerships with the EU, China, and Qatar. Concurrently, Canada plans to double its defense spending by the end of the decade while cutting taxes on capital gains and business investment. G7 growth projections now rank Canada as the second-strongest economy, with its GDP returning to positive territory.
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