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Canada’s top banker urges urgent government action to boost investment, reindustrialization, and supply chain ties amid global challenges.
National Bank of Canada's CEO and chief economist Laurent Ferreira urged the federal government to act faster and more boldly to attract investment amid rising global challenges.
Speaking in Calgary, he warned that delays and complacency threaten Canada’s economic future, calling for stronger action on reindustrialization, defence, and nation-building.
He emphasized using Alberta’s energy to boost manufacturing in Quebec and Ontario, and highlighted opportunities to support U.S. industrial and AI infrastructure needs through closer supply chain ties.
Ferreira stressed that proactive policy is essential to secure Canada’s economic resilience in a competitive, unpredictable global environment.
El principal banquero de Canadá urge a la acción urgente del gobierno para impulsar la inversión, la reindustrialización y los vínculos de la cadena de suministro en medio de los desafíos globales.