🛡️ 1. Canada Pledges $9 B to Meet NATO Defense Target Early
Prime Minister Carney announced a historic C$9 billion boost to defense spending spread over the next year—moving Canada ahead of its 2% GDP NATO commitment. The investment funds domestic arms production, Arctic icebreakers, drones, and military pay increases reuters.com+1pm.gc.ca+1.
🏗️ 2. “One Canadian Economy” Bill Introduced
The government tabled the Free Trade and Labour Mobility in Canada Act, also known as the One Canadian Economy bill, designed to eliminate interprovincial trade and labor barriers and fast-track major nation-building projects through streamlined “one project, one review” permitting ctvnews.ca+3canada.ca+3canada.ca+3.
🧾 3. Auditor‑General Report on ArriveCan Contracts Released Today
Auditor‑General Karen Hogan’s report on the ArriveCan app—covering ~C$100 million in GC Strategies contracts—will be tabled this morning, scrutinizing procurement practices and value for money bnnbloomberg.ca.
🏘️ 4. Billionaire Plans Prefab Home Factory in Toronto Area
Real-estate magnate Peter Gilgan is launching a second attempt at a prefabricated home factory in Toronto, aligning with federal efforts to increase housing supply and streamline construction tradingview.com.
🏦 5. RBC to Buy Back Up to 35 Million Shares
The Royal Bank of Canada has announced a share repurchase program, planning to buy back up to 35 million common shares, demonstrating management’s confidence in the bank’s long-term outlook rbc.com.
