The Canadian Take
Good day,
Monday morning is here and it looks like we’re going to get plenty of rain. Not exactly the most exciting way to start the week but hopefully you have a coffee nearby.
This morning, Canada avoided the worst of another American tariff announcement, Mark Carney is trying to bring investment back into the country, and another B.C. community is preparing to evacuate because of wildfire growth.
Top Story
Canada avoids the worst of trump’s newest tariff

Donald Trump has introduced another round of global tariffs, this time claiming other countries are not doing enough to stop products made with forced labour from entering their supply chains.
The United States placed new duties of 10 to 12.5 per cent on goods from 60 trading partners, including Canada.
The immediate impact on Canada may be smaller than the headline suggests because many major exports, including energy, fertilizer and critical minerals, are excluded.
The bigger story is how Trump is rebuilding his tariff system after the U.S. Supreme Court struck down the emergency powers used for his earlier global duties.
For Canadian companies, the problem is not only the tariff. It is the uncertainty created when trade rules can change again within weeks.
Side Note: Canada avoided much of the immediate damage, but Trump may have found a more durable legal path for keeping tariffs in place.
Wildfires
Evacuation order begins near 70 Mile House

Two wildfires near Clinton, British Columbia, have merged into one massive fire.
The combined Pear Lake wildfire had grown to approximately 668 square kilometres, prompting officials to prepare an evacuation of 70 Mile House.
Giving residents advance notice matters because rural communities often have limited roads, fewer emergency services and people who need extra time to move animals or family members.
The fire has also threatened Highway 97, a major route through the B.C. Interior.
Side Note: Officials are trying to move residents before changing winds make the roads unsafe.
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Internal Trade
Canadian will be able to order more alcohol across provincial borders

Nine provinces have signed an agreement to make it easier for Canadians to buy alcohol directly from producers in other parts of the country.
The direct to consumer agreement includes Alberta, British Columbia, Saskatchewan, Manitoba, Ontario and all four Atlantic provinces.
The change could give Canadians more choice while allowing small wineries, breweries and distilleries to reach customers outside their home province.
But alcohol is only one part of Canada’s internal trade problem. Businesses still face different provincial rules for professional licences, trucking, construction, food and government purchasing.
Side Note: Canadians have often found it easier to buy imported alcohol than to order directly from another Canadian province.
Weather
A weekend storm overwhelmed roads in Edmonton

Edmonton is cleaning up after a severe thunderstorm brought heavy rain, flooding and power disruptions.
Part of Whitemud Drive was shut down after several underpasses flooded.
A large amount of rain falling quickly can overwhelm drains before the water has time to move away, flooding roads and basements even in neighbourhoods far from rivers.
The larger concern is that many city drainage systems were designed around older weather patterns, leaving taxpayers and homeowners with growing repair and insurance costs.
Side Note: Urban flooding can happen quickly, even when a home is nowhere near a river.
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Trade
Trade Gordie Howe Bridge finally opens today

After years of construction and political delays, the Gordie Howe International Bridge opens to traffic today between Windsor and Detroit.
Canada financed the roughly $6.4 billion project, which adds a new six lane crossing beside one of the busiest trade routes in North America.
The bridge connects directly to Highway 401 in Ontario and major American highways in Michigan, which should make it easier for trucks to move goods across the border and reduce pressure on the privately owned Ambassador Bridge.
The opening was supposed to be a symbol of Canada and the United States working together, but trade tensions turned it into something more complicated. Canada held its own ceremony without American officials after another tariff dispute and disagreement over future toll revenue.
Still, the practical impact matters more than the ceremony. Hundreds of millions of dollars in goods move through the Windsor Detroit corridor every day, making this bridge an important piece of Canada’s trade infrastructure.
Side Note: Pedestrians and cyclists will get access to the bridge’s free multi use path beginning August 5.
Until Tomorrow,
Dean.


