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Canada plans to double non-U.S. exports by $300B using a $6B infrastructure fund for trade corridors and Arctic projects.
Canada is shifting its export focus away from the U.S. amid trade tensions, aiming to double non-U.S. exports by $300 billion.
To support this, Ottawa is launching a $6-billion infrastructure fund—$5 billion for trade diversification corridors and $1 billion for Arctic projects—targeting ports, rail, and transport upgrades.
Officials toured key logistics sites like a CN Rail terminal in Brampton, citing strong business interest.
Projects may include expansions in the Great Lakes-St. Lawrence region, the Port of Saguenay, Alberta rail lines, and West Coast ports.
A formal trade-diversification strategy is expected soon, with funding applications to open in the coming weeks.
Canadá planea duplicar las exportaciones no estadounidenses en $300B usando un fondo de infraestructura de $6B para corredores comerciales y proyectos del Ártico.