Trade and security diversification: Federal efforts

In a broader effort to reduce trade reliance on the United States, recent initiatives aim to open new markets for Canadian businesses and support the country’s goal of trade diversification.
Statement: Calgary Chamber supports Canada’s measured approach to U.S. trade & building economic resilience

The Calgary Chamber is disappointed by the 35% tariff levy announced on Friday by the U.S. We urge a measured, balanced federal response that alleviates business strain and underscores Canada as a valuable trading partner.
Statement: Business community encouraged by national collaboration; eager for clarity on Canada-U.S. trade

The Calgary Chamber is encouraged by the First Ministers’ commitment to collaborate to accelerate Canada’s economic opportunities, looks for more clarity on Canada-U.S. and reiterates its commitment to work alongside governments to build resilient local economies.
Statement: One Canadian Economy Act a critical step to grow economy; further regulatory reform required to achieve nation-wide prosperity

We welcome the passing of Bill C-5, the One Canadian Economy Act. This crucial legislation will strengthen trade, build infrastructure, and unlock economic opportunities nationwide, making it vital for Canada to reinforce internal economic ties and accelerate investment in nation-building projects.
Statement: Calgary Chamber welcomes NATO defense spend commitment, signalling action on security and economic growth

“We welcome Prime Minister Mark Carney’s commitment today to increase Canada’s defense spending to 5% of GDP – the most significant investment in our military since the Second World War. This is a policy that the Calgary Chamber has long advocated for, as a stable global environment is the foundation of a thriving economy. Canada’s commitment to NATO’s defence target reinforces our role in protecting that foundation.
Expanding our horizons: Investing in our trade infrastructure and relationships

In a five-part series on Inflection Point, we’re diving deeper into Canada’s challenges and opportunities and our recommendations for a competitive, productive and prosperous Canada. In Part 2, we’re looking into how we invest in our trade infrastructure and relationships, domestically and internationally.