With the threat of punishing tariffs still hovering over the Canadian economy, Prime Minister Justin Trudeau announced the government will host a Canada-U.S. Economic Summit later this week, aimed at increasing investment and easing internal trade barriers.

Prime Minister Justin Trudeau welcomed hundreds of people Friday to a summit about bolstering the economy in the face of Canada's rapidly changing relationship with its largest trading partner. "I think we need to do two things in this.

The Prime Minister, Justin Trudeau, today announced the Canada-U.S. Economic Summit, a landmark event hosted with members of the Council on Canada-U.S. Relations to galvanize business and investment across Canada. The Summit will take place in Toronto, Ontario, on February 7, 2025.

Prime Minister joins business and labour leaders to craft a long-term prosperity agenda, with new investment and trading partners for Canada

The summit aims to boost Canada’s economy, expand domestic trade, diversify export markets, and address productivity challenges. Trudeau emphasized that it would also strengthen coordination among key partners.

The upcoming summit in Toronto will focus on economic growth, trade expansion, and productivity improvement between Canada and the U.S., amidst recently imposed tariff discussions by the Trump administration,