CALGARY WEATHER

Calgary Cheers New Federal Plan to Boost Local Business

Calgary's business community is giving a resounding "YES!" to the federal government's new blueprint to bolster Canadian businesses. Unveiled on September 8, 2025, just days after Prime Minister Mark Carney’s initial announcement on September 5, 2025, this plan is set to tackle the sting of tariffs head-on and inject fresh vitality into our industries.

This is big news for Calgarians, especially as our city ranks as one of Canada’s most vulnerable to U.S. tariffs, with a staggering 97 percent of our exports, largely oil and gas, heading south of the border. These trade headwinds have already dimmed economic outlooks and impacted critical sectors like manufacturing and agriculture.

The federal strategy introduces a new "Buy Canadian Policy," crucial support for worker reskilling, and liquidity relief for businesses. For Calgary, these measures are a lifeline, promising greater resilience for our local economy and opening up new opportunities right in our backyard. This aligns perfectly with Calgary’s ongoing push for economic diversification, which has seen impressive growth in tech, cleantech, and other innovative sectors even amidst population-driven unemployment challenges.

With job creation now focused on areas like health and construction, and a persistent demand for skilled trades, this plan aims to foster long-term growth and reduce our reliance on a single trading partner. The goal is more jobs, more stability, and a stronger, more diversified Calgary.