💂♂️ 1. Canada to Boost Defense Spending Ahead of NATO Summit
Canada plans a sweeping defense investment to meet and exceed NATO’s 2% GDP spending target, including raises for armed forces, drones, Arctic sensors, and new aircraft. This ambitious rollout precedes the June 24–25 NATO summit retail-insider.comthetimes.co.uk+3reuters.com+3m.economictimes.com+3.
🎬 2. Streaming Giants Challenge Bill C‑11 in Court
Netflix, Apple, Amazon, and Spotify are fighting Canada’s Online Streaming Act (Bill C‑11), which requires them to contribute 5% of Canadian revenues to domestic content. The appeal, argued today in Toronto, questions the mandate’s reach and impact on local media timesofindia.indiatimes.com.
🤝 3. Canadian Startups Shift to “Canada First” Strategy
At the Vancouver Web Summit, Canadian tech founders adopted a “Canada First” mindset, aiming to scale locally amid strained U.S. trade relations and tariffs. The B.C. government pledged C$30 million to support this pivot wsj.com.
🌾 4. Farmers Shift from Canola to Wheat Amid Trade Tensions
Facing tariffs from China and the U.S., Canadian farmers are moving from canola to spring wheat. Experts estimate millions of acres could convert, focusing on wheat-friendly markets like the UK reuters.com.
📉 5. TSX Futures Rise on Metals Surge, Eyes U.S.–China Talks
Canada’s stock index futures edged higher thanks to rising metal prices. Investors are watching U.S.–China trade discussions in London, even as Canada’s TSX reaches record highs reuters.com.
