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At a press conference in Mississauga on Friday, Prime Minister Mark Carney said the world is entering an era of “economic nationalism and mercantilism,” with U.S. tariffs at their highest level since the Great Depression. Calling the shift a “rupture” that is displacing workers and disrupting supply chains, Carney unveiled measures to strengthen Canada’s independence. The government is launching a new major projects office, creating ‘Build Canada Homes’ to double housing construction, and rolling out buy-Canadian rules to boost workers and domestic industries.

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