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.

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,