The federal government announced new measures to protect, build, and transform Canada’s strategic industries in response to global trade disruptions and U.S. tariffs.
Prime Minister Mark Carney unveiled a comprehensive suite of initiatives aimed at strengthening domestic supply chains, supporting Canadian workers, and ensuring long-term economic resilience. These include a $5 billion Strategic Response Fund, a new Buy Canadian Policy, expanded support for SMEs, and targeted investments in agriculture, biofuels, and advanced manufacturing.
“This is a pivotal moment for Canada,” said MP Sonia Sidhu. “Families and businesses in Brampton and across the country are feeling the pressure of global uncertainty. These new measures will help workers retrain, businesses adapt, and our economy grow stronger and more self-reliant. I’m proud to support a government that is investing in Canadians and building a future where we lead with innovation, resilience, and opportunity.”
The announcement builds on previous efforts to revitalize Canada’s steel and softwood lumber sectors and introduces new tools to help industries diversify and thrive. The government also committed to launching Canada’s Defence Industrial Strategy, a new Trade Diversification Strategy, and Build Canada Homes – a national initiative to double housing construction over the next decade.
MP Sidhu emphasized the importance of these investments for Brampton’s diverse and dynamic economy, noting that local manufacturers, agricultural producers, and small businesses stand to benefit from increased federal support and procurement opportunities.
“Brampton is home to some of the most hardworking and entrepreneurial Canadians,” Sidhu added. “With these new tools, we’re not just responding to today’s challenges – we’re building the foundation for long-term prosperity in our region and across the country.”
For more information on the federal measures announced, visit Canada.ca/en/news