Daily Brief
Evening BriefMonday, November 9, 2026
Prime Minister Mark Carney named the first CEO of Canada's sovereign wealth fund, while Ottawa unveiled changes to immigration and temporary foreign worker rules. Carney also reported progress in U.S. trade talks.
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Energy & Economy
Carney names first CEO of Canada's sovereign wealth fund
Prime Minister Mark Carney has named Bridgewater executive Karen Karniol-Tambour to lead the fund, which is aimed at investing in nation-building projects.
Sources: CTV, Globe and Mail, CBC
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U.S.–Canada
Latest U.S.-Canada trade talks show progress toward a pact
Carney said the latest U.S.-Canada trade talks have yielded progress toward a trade pact between the two countries.
Source: WSJ
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Energy & Economy
Ottawa extends steel tariff relief beyond U.S. steel imports
Canada has amended and extended a tariff relief program, which now reaches beyond steel imports from the United States.
Source: CP24
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Leadership & Policy
Ottawa outlines immigration levels plan focused on predictability
Immigration Minister Lena Diab says the new levels plan aims to keep the system predictable while clearing a severely backlogged humanitarian permanent residency stream.
Source: CTV
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Leadership & Policy
Ottawa lengthens and expands low-wage temporary foreign worker rules
The federal government is doubling the maximum period an employer can hire low-wage temporary foreign workers, and the overhaul adds new exemptions.
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Leadership & Policy
Federal government spent $19 billion on external consultants last year
Ottawa spent $19 billion on external consultants last year, despite a promise to cut back on its use of outside contractors.
Source: CTV
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Leadership & Policy
Auditor general says $4.5 billion in COVID benefit repayments written off
The auditor general reports that the federal government wrote off $4.5 billion in COVID-19 benefit repayments in 2025 while still trying to recover overpayments.
Sources: Global News, thecanadianpressnews.ca
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Politics
Supreme Court to hear legal challenge to federal firearms ban this week
A legal battle over the federal firearms ban is heading to the Supreme Court this week.
Source: CBC
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