The Business Council of Canada, which represents 170 major companies, suggests establishing a North American energy alliance to boost exports, protect supply chains and pursue a “common vision” among partners. Improved energy security was one of seven recommendations the lobby group made in a new report, which appraises Canada’s position in an increasingly volatile geopolitical climate. (The Logic)
Talking point: Canada is at a pivotal moment as the country looks to boost economic productivity, diversify trade and bolster national defence. Thursday’s report, written by the Business Council’s Michael Gullo, offers a series of remedies. They include establishing a strategic critical minerals reserve for defence purposes; reworking Canadian foreign policy around business interests; and finding permanent resolutions to labour disputes, which can hamper economic output.