Canada

United States

Economics

Politics

Canada will not collect its digital services tax on June 30 and will introduce legislation to formally rescind the Digital Services Tax Act to advance trade talks with the United States, Canada's Department of Finance said in a June 29 press release.

U.S., Canada: Canada To Rescind Digital Services Tax After U.S. Calls Off Trade Talks

U.S. President Donald Trump said in a June 27 Truth Social post that the United States would immediately terminate all trade talks with Canada and impose new tariffs on Canadian goods within the next seven days due to Canada's digital services tax going into effect. 

U.S., Canada: Trump Says Trade Talks With Canada Will End Over Digital Services Tax

Canada approved a landmark law to implement the Free Trade and Labour Mobility in Canada Act and the Building Canada Act, The National Post reported June 26.

Canada: Landmark Legislation Passes to Narrow Intraprovincial Barriers and Speed Up Major Projects

Belgium

Military & Security

Canada and the European Union are expected to sign a security and defense partnership agreement on June 23 during a bilateral summit in Brussels between Prime Minister Mark Carney, European Commission President Ursula von der Leyen and European Council President Antonio Costa, the summit agenda shows. 

EU, Canada: EU and Canada to Sign Security and Defense Cooperation Agreement

India

Canadian Prime Minister Mark Carney and Indian Prime Minister Narendra Modi agreed to work toward restoring full embassy services in both countries following their meeting at the Group of Seven summit in Alberta, Bloomberg reported on June 17.

India, Canada: Leaders Meet To Reset Bilateral Relations After Two Years of Tension

Mali

 Malian court appointed an administrator to run Canadian mining company Barrick Mining's Loulo-Gounkoto gold mining complex for an initial period of six months, the Financial Times reported on June 16.

Mali: Barrick's Loulo-Gounkoto Gold Mining Complex Placed Under State Control

Australia

Europe

Australian Prime Minister Anthony Albanese formally backed Canada’s bid to join the technology-sharing Pillar II of the AUKUS pact during a bilateral meeting with Prime Minister Mark Carney on the sidelines of the Group of Seven summit, The Australian Financial Review reported on June 16.

Australia, Canada: Canberra Endorses Ottawa Joining AUKUS Amid Pentagon Review

Indonesia

Russia

Indonesian President Prabowo Subianto will travel to Russia on June 18-20 to speak with Russian President Vladimir Putin and attend the St. Petersburg International Economic Forum, skipping the Group of Seven summit in Canada despite a direct invitation from Canadian Prime Minister Mark Carney, Bloomberg reported on June 12.

Indonesia, Russia: Indonesian President To Skip G7, Meet Putin Instead

Assessments

China

United Kingdom

Australian Defense Minister Richard Marles and British Defense Secretary John Healey sit together for the AUKUS Defense Ministers Meeting at Old Royal Naval College on Sept. 26, 2024, in London, England.

Environment, Science & Technology

Science & Technology

Despite growing U.S. skepticism, strong imperatives to counter China's maritime presence will likely lead Washington to see a revised version of the AUKUS defense pact through.

U.S. Review of AUKUS Pillar I Puts Pact on Shaky Ground

Sub-Saharan Africa

Iran

Israel

Japan

Germany

France

Italy

Rescue teams work at damaged buildings in Nobonyad Square following Israeli airstrikes on June 13, 2025, in Tehran, Iran. 

Global Trade

Russia-Ukraine Conflict

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: G7 Leaders' Summit, More Israeli Attacks on Iran

Ukraine

An image shows a row of flags from the G7 members.

The June 15-17 summit will provide an opportunity for the bloc to discuss trade tensions and the war in Ukraine, but the meeting is more likely to expose transatlantic divisions over Trump's tariffs and reluctance to pressure Russia.

What To Expect From the First G7 Summit Following Trump's Return to the White House

Snapshots

Mexico

South Korea

A U.S. courthouse facade with columns in lower Manhattan, New York.

The court ruling nullifies most -- though not all -- of the Trump administration's tariffs, giving U.S. trading partners temporary breathing room in negotiations while the White House searches for alternative trade measures.

The White House's Tariff Ambitions Bend -- But Do Not Break -- Under the Weight of a Court Ruling

Canadian Prime Minister and Liberal Party leader Mark Carney speaks to his supporters in Ottawa, Canada, on April 29, 2025, after winning the country’s early general elections. 

Global Elections

Canada's newly elected Liberal government, led by Prime Minister Mark Carney, is poised to tackle an economic slowdown with tax cuts, domestic industry protection, and closer ties to Europe despite falling just short of a parliamentary majority.

Liberals Win Canada Election, but Minority Government Will Complicate Legislation

Pakistan

Indian soldiers stand guard atop their vehicle in Srinagar, India, on April 23, 2025, following a deadly militant attack on tourists in Indian-administered Kashmir.

U.S.-Iran Relations

The Weekly Rundown: Escalating Pakistan-India Tensions, Canadian Elections and Pope Francis' Funeral

Media

Philippines

Forecast Webcast

U.S.-China Relations

Join our analysts for this webcast recording exploring key topics identified in RANE's 2025 Second-Quarter Forecast.

2025 Second-Quarter Forecast Webcast

Vietnam

U.S. President Donald Trump delivers remarks on reciprocal tariffs as U.S. Secretary of Commerce Howard Lutnick holds a chart during an event in the Rose Garden entitled ''Make America Wealthy Again'' at the White House in Washington, D.C., on April 2, 2025. 

Trump's sweeping new tariffs will slow both U.S. and global economic growth, with lower-income Americans and emerging markets like Vietnam being hit hardest.

The U.S. Launches the Largest Trade War in Modern History

A "Canada First" rally addressed by Conservative Party Leader Pierre Poilievre on Feb. 15 the at the Rogers Center in Ottawa, Canada.

The Liberal Party will most likely win enough seats to form a government -- a stunning turnaround since former Prime Minister Justin Trudeau's Jan. 6 resignation.

Canada's Election: Potential Outcomes and Their Implications

Columns

On Geopolitics

U.S. President Donald Trump speaks from the Oval Office on March 7, 2025, after announcing that tariffs could be imposed on Canadian dairy and lumber products within days. 

The expanding scope of Trump's trade wars, coupled with the whiplash of tariffs being enacted and then suspended, begs the question: what is driving this strategy and what, if anything, will constrain it?

Trump's Emerging Trade Doctrine

Americas

Energy

Trump's trade and tariff policies will create new challenges for manufacturers seeking to move their operations closer to the U.S., but broader global dynamics will likely prevent a reversal in nearshoring trends. 

The Geopolitics of Trade: Rising Threats to Nearshoring in the Americas

Saudi Arabia

Canadian flags are seen outside a building in Ottawa. 

The Weekly Rundown: Canada's Ruling Liberals Pick a New Leader, India and the EU Hold Trade Talks 

Located on the North American continent, Canada is the world’s second-largest country. Most of Canada is uninhabited wilderness, and Arctic temperatures make the northern territories inhospitable to large population centers.     Canada became independent from the United Kingdom in 1867. The country is made up of 10 provinces and three territories. A majority of Canada’s 35 million people reside within 100 kilometers of the U.S. border, where the climate and topography support meaningful populations. However this population is spread across a distance of roughly 7,000 kilometers, from the Atlantic to the Pacific oceans. Canada's primary geographic challenge is maintaining unity across its diverse population cores, which include Toronto and Montreal in the Great Lakes watershed; the prairie provinces of Manitoba, Saskatchewan and Alberta; and Vancouver on the Pacific coast.     The economies of these population cores are geared toward external trade as they try to meet demand for their services, manufactured goods and natural resources like oil. Heavy crude oil found largely in the province of Alberta is exported to U.S. and international markets, making Canada the world’s sixth-largest oil producer. Distance and climate are perennial challenges for Canada. The Trans-Canada Railway was Ottawa’s first effort, completed in 1886, to link Montreal, Toronto, the prairies and Vancouver. Redistribution payments, collected from resource-rich provinces and disbursed to resource-poor provinces and territories, is a contemporary policy aimed to unify and equalize provincial and territorial finances.     Because of its location, Canada is well within the U.S. sphere of influence and the country's freedom to act is constrained by U.S. interests.

SITUATION REPORTS

U.S., Canada: Canada To Rescind Digital Services Tax After U.S. Calls Off Trade Talks

U.S., Canada: Trump Says Trade Talks With Canada Will End Over Digital Services Tax

Canada: Landmark Legislation Passes to Narrow Intraprovincial Barriers and Speed Up Major Projects

EU, Canada: EU and Canada to Sign Security and Defense Cooperation Agreement

India, Canada: Leaders Meet To Reset Bilateral Relations After Two Years of Tension

Mali: Barrick's Loulo-Gounkoto Gold Mining Complex Placed Under State Control

Australia, Canada: Canberra Endorses Ottawa Joining AUKUS Amid Pentagon Review

Indonesia, Russia: Indonesian President To Skip G7, Meet Putin Instead

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