QSA's Week in Finance (#3, 2025)

Finance Canada discusses US tariffs; Yukon supports venture capital; BNY seeks capital reduction approval; MP tweets on data encryption.

QSA's Week in Finance (#3, 2025)

Start Date: 2025-01-18
End Date: 2025-01-24

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Finance Canada Engages with Stakeholders on US Economic Relations

On January 24, 2025, the Department of Finance Canada held a second briefing with industry stakeholders on the Canada-U.S. economic relationship, focusing on the implications of recent U.S. trade policies. The session addressed potential tariffs and the government's strategy to mitigate impacts on Canadian businesses. The discussions emphasized collaborative efforts with U.S. officials to prevent tariff impositions, highlighting the importance of maintaining a favorable trade environment. The government is poised to respond swiftly to any adverse actions from the U.S. administration.

Sources: ['Announcements: www.canada.ca']

Capital Investment Boost for Yukon Businesses

The Canadian Northern Economic Development Agency, along with the Government of Yukon, announced funding to enhance private capital investments in Yukon businesses. This initiative aims to develop a robust private capital ecosystem, potentially benefiting local enterprises by increasing access to venture capital. The support for Yukon Venture Angels is expected to stimulate economic growth in the region and provide a framework for sustainable business development.

Sources: ['Announcements: www.canada.ca']