AGP Executive Report
Last update: 8 hours agoImmigration and Work: Canada plans permanent residence for 100,000 workers and family members, as a separate federal program faces a surge in abuse claims: more than 15,600 foreign workers sought open permits in 2025, over 12 times the 2021 total. Cost of Living: Inflation hit 3.1% in September, and economists expect October’s rate to stay high as energy costs threaten to spread through the economy. Food banks recorded 2.355 million visits, more than five times the level in 1989. Canada-U.S. Relations: A U.S. Treasury official says he is optimistic about trade deals with Canada and Mexico, even as tariff threats keep negotiations uncertain. Canada is also facing a court challenge to sending asylum seekers back to the U.S., where advocates warn they could face detention or deportation. Climate Finance: FinDev Canada and state-backed lenders from Britain and Norway launched a plan to mobilize $10 billion for climate projects in emerging markets by 2030, including renewable power and energy storage.
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