Mark Carney, the Canadian Minister of Finance, to huddle with his caucus in Edmonton next week. This meeting comes just days before Parliament resumes sitting, on September 15. Carney and his team are in the thick of laying the groundwork for an ambitious agenda for their short, upcoming session.
Following a two-day cabinet retreat in Toronto’s North York area, Carney concluded discussions focused on essential issues affecting Canada’s economy. The cabinet deliberated on strategies to fast-track large-scale projects while addressing assistance for sectors facing challenges due to heavy U.S. tariffs.
At this retreat, Carney reiterated the need to invest in industries that have been historically harmed. Mélanie Joly, Minister of Economic Development, highlighted that the federal government will announce measures in the coming days aimed at helping these sectors. In particular, she called out work to reposition steel producers. They’re doing it instead of relying on U.S. automakers and supplying heavy-duty products for the domestic construction and defense industries.
Carney is expected to make a significant announcement regarding Canada’s “strategic sectors” at 11:00 a.m. ET in the Greater Toronto Area. This announcement is anticipated to address the government’s approach to strengthening sectors that are integral to the nation’s economy.
The report detailing Carney’s activities was published by The Canadian Press on September 5, 2025, and was last updated the same day at 5:09 a.m. As the government prepares for Parliament’s return, stakeholders across various industries will be closely watching for Carney’s announcement and subsequent strategies aimed at bolstering Canada’s economic resilience.
