Articles from Radio-Canada

Canadian Prime Minister Mark Carney announced up to $1.2 billion to support the country's lumber industry in response to increased U.S. anti-dumping tariffs. The package includes $700 million in loan guarantees and $500 million in grants to boost product development and market diversification. Additionally, Canada plans to double the use of Canadian lumber in residential construction through the Maisons Canada program, aiming to build 500,000 new homes yearly. This decision follows the U.S. Commerce Department's increase in anti-dumping duties to 20.56% on Canadian wood, which has been criticized as unfair and punitive.

General Fusion, a leader in nuclear fusion based in British Columbia, needs $125 million USD over the next two years to advance its technology. The company is facing financial difficulties partly due to geopolitical challenges, affecting its operations and workforce. Despite challenges, they continue to make technological advances, such as producing plasma in their demonstration machine. The field of nuclear fusion, while promising, still faces skepticism regarding its feasibility in the near term.

Canada is facing a shortage of teachers in technical trades programs as it seeks to fulfill its construction goals. With around 700,000 skilled workers retiring by 2028, schools struggle to attract qualified educators due to lower starting salaries and the cost of retraining. New initiatives, such as partnerships with the Calgary Construction Association, aim to address these challenges by providing resources and sparking student interest in trades. Provinces like Ontario and British Columbia are particularly affected, urging the development of technology education to meet national needs.

The cost of hosting the 2026 FIFA World Cup matches in Vancouver is projected to rise significantly to between $532 and $624 million, according to a report from the British Columbia government. The increase is due to higher security measures and infrastructure improvements. Despite anticipated revenues ranging from $448 to $478 million, there is skepticism from citizens about the financial burden on taxpayers. It is expected that the event could stimulate economic activity and create 18,000 jobs in the province but might also result in a net cost of up to $145 million.

The article discusses how China has become the main customer for Canadian oil transported through the expanded Trans Mountain pipeline amidst trade tensions between Canada and the U.S. This shift is partly influenced by U.S. sanctions on oil from countries like Russia and Venezuela. The pipeline expansion has significantly increased its capacity, allowing Canada to pursue diversified exports outside the U.S. to Asian markets. There are also discussions around further pipeline expansions to increase capacity to meet Asian demand.