English
“compiled: Irandokht Atashi”
Prime Minister Mark Carney introduced the new Buy Canadian Strategy on Friday. He pledged to make federal procurement prioritize Canadian suppliers across all sectors. Carney said the plan would “spur more domestic demand and help Canadian businesses diversify.”
The Buy Canadian Strategy builds on earlier measures that required Canadian steel and lumber in federal projects. Carney had already restricted foreign steel imports in July and later extended the rule to domestic lumber. Now, the government says all industries will fall under the same mandate.
Relief for canola farmers and automakers
The announcement included a $370 million aid package for canola farmers. They face a steep 75.8 percent tariff from China. Ottawa wants to redirect canola toward biofuel production and will amend Clean Fuel Regulations to support that goal.
Carney also moved to ease pressure on the auto sector. He waived the Electric Vehicle mandate for 2026, which had required automakers to sell a set percentage of EVs. Carney argued the change would give manufacturers breathing room as they face U.S. tariffs.
Support for workers and small businesses
Carney said the government will launch a reskilling program for 50,000 workers affected by tariffs. Employment Insurance will also become more flexible, with extended benefits.
Small businesses will see expanded support through the Business Development Bank of Canada. Loan limits for SMEs will rise to $5 million. Carney also confirmed his proposed $5 billion Strategic Response Fund for firms hit by U.S. tariffs.
Political reaction from opposition
Conservative Leader Pierre Poilievre criticized Carney’s record. He argued Carney “failed to get major projects off the ground,” citing the stalled Build Canada Homes agency.
However, Poilievre welcomed the EV mandate reversal. “He finally admits that Conservatives were right,” Poilievre said at a press conference in Ottawa.
A broader economic shift
The federal government says the Buy Canadian Strategy will apply to all funding streams and Crown corporations. It will also offer provinces and municipalities a roadmap to adopt similar procurement standards.
Carney framed the initiative as protection against what he called a looming “global economic rupture.” He said the measures would safeguard Canadian industries, workers, and supply chains during a volatile period for global trade.
