Pulling Together to Meet Canada’s New Moment

From: Blake C. Goldring  To: Defence watchers Date: June 15, 2026  Re: Pulling Together to Meet Canada’s New Moment In 1939, Canada was not an industrial power. Its 10,000-man military was threadbare, its procurement system buried in red tape, and its capital markets had no framework for financing national security. Then C.D. Howe took charge. Within a […]

Proposed  Major Project Regulatory Changes a Good Step, but Work Remains 

To: ‘Nation Building’ observers    From: George Vegh and Kate Koplovich    Date: June 12, 2026    Re: Proposed Major Project Regulatory Changes a Good Step, but Work Remains  It seems the federal government is intent on sidestepping its own major project processes set up just a year ago.  Bill C-5, the Building Canada Act, received royal assent just last year, to “urgently advance projects throughout Canada… through an accelerated process that enhances regulatory certainty and investor confidence.”   A discussion paper released early last […]

The Building Canada Act Won’t Actually Build Anything in Canada 

To: ‘Nation Building’ observers    From: George Vegh and Kate Koplovich    Date: June 11, 2026    Re: The Building Canada Act Won’t Actually Build Anything in Canada  The number of oil and gas projects in Ottawa’s major project inventory has fallen by 76 percent from its 2017 peak. This demonstrates a sustained erosion of investment confidence in Canada’s energy sector over the better part of a decade.  To spur investment in natural resources, mining and electricity, […]

Executing AI for All: How to Get a Capability-Raising Result 

From: Harvey Naglie  To: AI watchers   Date: June 10, 2026   Re: Executing AI for All: How to Get a Capability-Raising Result  Last week, Ottawa launched AI for All, a five-year national artificial-intelligence strategy built on six pillars and three stated aims: Trust, opportunity, and sovereignty.  AI will add close to $200 billion in economic growth, the government projects, create up to 250,000 AI-related jobs, and raise business AI adoption from roughly […]

Canada has done this before. It’s time to do it again

Published in The Hill Times. In 1939, Canada was not an industrial power. Its 10,000-man military was threadbare, its procurement system buried in red tape, and its capital markets had no framework for financing national security. Then C.D. Howe took charge. Within a few years, Canada had become the fourth-largest producer of allied war materials, […]

How Canada Can Prepare Before Disaster Strikes

To: Natural disaster watchers  From: Thorsten Koeppl  Date: June 03, 2026 Re: How Canada Can Prepare Before Disaster Strikes  Canada’s natural disasters are becoming both more frequent and more expensive. Last summer it was widespread wildfires; this spring, it is extensive Prairie flooding. And looming in the background are major earthquake risks in two heavily populated areas: British Columbia’s Cascadia fault line and Quebec’s Charlevoix region.  Climate catastrophes on this scale could overwhelm the capital and reserves of Canada’s property and casualty insurance sector – forcing government intervention and leaving taxpayers […]

Canada’s Tariff Problem Made in Canada 

From: Glen Hodgson and Colin Busby To: Canadian economy observers  Date: May 19, 2026  Re: Canada’s Tariff Problem Made in Canada  Canada is furious about Donald Trump’s tariffs – and rightly so.  But while Ottawa and the premiers have spent months railing against American protectionism, they have had a hard time addressing a more embarrassing truth: Canadian governments have been imposing figurative “tariffs” on ourselves for decades. They’re called internal trade barriers and fixing them is entirely within our control if we choose to act.  The […]

The New Sovereign Wealth Fund: So Much Money, So Many Questions 

To: ‘Nation Building’ observers   From: Kate Koplovich, Alexandre Laurin and Colin Busby   Date: May 14, 2026   Re:  The New Sovereign Wealth Fund: So Much Money, So Many Questions  Ottawa is pitching Canada’s “first” national sovereign wealth fund as a way to give every Canadian “a stake and the opportunity to benefit” from nation-building projects.  The plan? Borrow $25 billion to capitalize the fund, which aims to […]

A Better Way to Assess Major Projects

From: David Jones and Tasnim FarihaTo: Major project watchersDate: April 9, 2026 Re: A Better Way to Assess Major Projects  Canada stands at a defining moment for its economic future.  For years, weak productivity growth and chronic delays in building major infrastructure have held back the country’s economic performance. Projects have stalled in regulatory limbo, hindering […]

Canada needs a nation-building roadmap, not just ambition

Published in The Hill Times. Canada stands at a defining moment for its economic future. For years, weak productivity growth and chronic delays in building major infrastructure have eroded the country’s economic performance. Projects have stalled in regulatory limbo, drying up investment in the face of uncertainty, and as a result, Canada’s competitiveness has slipped. And […]

A Steep Climb: Financing Canada’s NATO Commitment while Maintaining Fiscal Discipline

by Colin Busby and Nicholas Dahir Canada’s NATO commitment to raise defence spending to 5 percent of GDP by 2035 will prompt a reshaping of federal finances. Defence spending will approach $150 billion by 2034/35, roughly triple current levels, and rival the annual amount of major transfers to provinces. Under the status quo, higher defence […]

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