Toronto, Ontario – Canada’s Minister of Foreign Affairs, Anita Anand, is scheduled to deliver a speech and participate in a moderated discussion focused on the implications of Canada’s global strategy for the business community. The event, set to accept place on Tuesday, March 3, 2026, at 11:00 AM Eastern Time in Toronto, Ontario, will too feature John Stackhouse, Senior Vice-President in the Office of the CEO at RBC.
The discussion promises to delve into the core tenets of Canada’s evolving international policy and how these shifts are expected to impact Canadian businesses operating on the global stage. With increasing geopolitical complexities and a rapidly changing economic landscape, understanding Canada’s strategic priorities is crucial for businesses seeking to navigate international markets and capitalize on emerging opportunities. The event is particularly timely as Canada continues to forge new trade relationships and strengthen existing ones, aiming to diversify its economic partnerships and enhance its global competitiveness.
Minister Anand’s address is expected to outline the key pillars of Canada’s global strategy, including a focus on promoting democratic values, fostering sustainable development and championing inclusive economic growth. The strategy is anticipated to address critical issues such as climate change, cybersecurity, and global health, all of which have significant implications for businesses. The participation of John Stackhouse, a prominent voice in Canadian business and economic policy, adds further weight to the event, offering a valuable perspective from the private sector. Stackhouse has previously served as the President and CEO of the Canadian Institute for International Affairs, demonstrating a deep understanding of Canada’s role in the world.
Canada’s Global Strategy: A Focus on Economic Resilience
Canada’s global strategy, as it has evolved in recent years, emphasizes the importance of building economic resilience in the face of global shocks. This includes diversifying trade relationships beyond the United States, strengthening supply chains, and investing in innovation and technology. The COVID-19 pandemic and subsequent geopolitical events have underscored the vulnerability of global supply chains and the need for greater self-reliance. Canada is actively pursuing new trade agreements, such as the Canada-United Kingdom Trade Continuity Agreement, which came into effect in April 2021, according to Global Affairs Canada, to reduce its dependence on single markets.
the Canadian government is prioritizing investments in sectors that are critical to future economic growth, such as clean technology, artificial intelligence, and biotechnology. These investments are aimed at creating high-quality jobs and positioning Canada as a leader in the global innovation economy. The government’s commitment to sustainable development is also a key component of its global strategy, recognizing the growing importance of environmental, social, and governance (ESG) factors in attracting investment and ensuring long-term economic prosperity. The focus on ESG aligns with a broader global trend, as investors increasingly prioritize companies that demonstrate a commitment to responsible business practices.
The Role of RBC and John Stackhouse in Shaping Economic Policy
RBC, one of Canada’s largest financial institutions, plays a significant role in shaping economic policy through its research, advocacy, and engagement with government officials. John Stackhouse, as Senior Vice-President in the Office of the CEO, is a key figure in RBC’s efforts to influence economic policy and promote the interests of Canadian businesses. Stackhouse’s expertise in international affairs and economic policy makes him a valuable resource for policymakers seeking to understand the challenges and opportunities facing the Canadian economy. He has authored several influential reports on Canada’s economic prospects and has been a frequent commentator on economic issues in the media.
RBC’s economic research team provides insights into a wide range of economic topics, including global economic trends, interest rate forecasts, and industry-specific analysis. This research is used by businesses, investors, and policymakers to make informed decisions. The bank also actively advocates for policies that promote economic growth, innovation, and competitiveness. RBC’s involvement in the discussion on Canada’s global strategy underscores the importance of collaboration between the public and private sectors in shaping economic policy. The bank’s perspective, informed by its extensive experience in serving businesses of all sizes, can provide valuable insights for policymakers.
Implications for Canadian Businesses
Canada’s global strategy has significant implications for Canadian businesses, particularly those involved in international trade and investment. The strategy’s emphasis on diversifying trade relationships creates opportunities for businesses to expand into new markets. However, it also requires businesses to adapt to changing trade rules and regulations. The government is providing support to businesses through programs such as the Trade Commissioner Service, which helps Canadian companies identify and pursue export opportunities. The Trade Commissioner Service offers a range of services, including market research, export counseling, and assistance with navigating foreign regulations.
The strategy’s focus on sustainable development also creates opportunities for businesses to develop and market environmentally friendly products and services. Consumers are increasingly demanding sustainable products, and businesses that can meet this demand are likely to gain a competitive advantage. The government is providing incentives for businesses to invest in clean technology and adopt sustainable practices. The strategy’s emphasis on innovation and technology creates opportunities for businesses to develop and commercialize new technologies. The government is investing in research and development and providing support to startups and entrepreneurs.
Media Registration and Event Details
Members of the media who wish to register for the event are encouraged to contact the Toronto Regional Chamber of Commerce at [email protected] to receive details regarding the event location. The event is expected to attract a diverse audience of business leaders, policymakers, and academics. It will provide a valuable opportunity to network and exchange ideas on the challenges and opportunities facing the Canadian economy. The Toronto Regional Chamber of Commerce is a leading advocate for businesses in the Greater Toronto Area, representing the interests of its members to all levels of government.
The event is a key component of Minister Anand’s ongoing efforts to engage with the business community and gather feedback on Canada’s global strategy. The Minister has held consultations with businesses across the country to understand their priorities and concerns. The feedback received from these consultations will be used to refine the strategy and ensure that it effectively supports the needs of Canadian businesses. The government is committed to working in partnership with the private sector to promote economic growth and create jobs.
As Canada navigates an increasingly complex global landscape, a clear and coherent global strategy is essential for ensuring its economic prosperity and security. The event in Toronto will provide a valuable platform for discussing the key elements of this strategy and how it will impact Canadian businesses. The participation of Minister Anand and John Stackhouse will lend credibility and expertise to the discussion, offering valuable insights for attendees. The event represents an important opportunity for stakeholders to come together and shape the future of Canada’s role in the world.
The next update regarding Canada’s global strategy is expected to be provided during the upcoming parliamentary session in late March 2026, where Minister Anand will present a comprehensive report on the strategy’s implementation and progress. Stay informed and share your thoughts on Canada’s global strategy in the comments below.