$1.78B surplus contrasts with $5.11B deficit in February. Canada’s merchandise trade balance swung to a surplus in March as higher crude oil prices and surging demand for gold drove a sharp jump in exports while imports declined, data showed on Tuesday. Statistics Canada said the country posted a $1.78 billion surplus in March, compared with a $5.11 billion deficit in …
Continue ReadingFor much of the past decade, critical mineral diplomacy was framed through a binary lens: either align with China—the dominant player in extraction, refining, and processing—or rally behind US-led friendshoring efforts. That binary is now breaking down. A new triangular alignment between Canada, Japan, and France is beginning to take shape within the G7, driven by a shared recognition that overdependence on …
Continue ReadingA group of 27 lithium projects, including greenfield and brownfield developments in Latin America, involving investments of US$15.9 billion, are expected to start production, expand or increase processing rates between this year and 2030, amid growing pressure on global supply. The portfolio aims to supply a market showing signs of a deficit projected between 2026 and 2035, creating a challenging …
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