Prime Minister Mark Carney is expected to signal in a speech Wednesday evening that Canada plans to significantly increase non-U.S. exports over the next decade to make the economy less reliant on its largest trading partner.
A government source familiar with details of the speech said Carney will reveal that the coming fall budget will include a climate competitiveness strategy.
The fiscal plan will also include a new immigration plan and an international talent-attraction strategy aimed at scooping up workers who otherwise would have looked to working in the U.S.
Carney is set to address a group of university students in the nation's capital, including many young people who have yet to join the full-time workforce and could feel the effects of the budget for years to come.
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