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Canada and European Union launch new industrial policy dialogue Français
Canada and European Union launch new industrial policy dialogue Français

Cision Canada

time2 days ago

  • Business
  • Cision Canada

Canada and European Union launch new industrial policy dialogue Français

OTTAWA, ON, /CNW/ - The Government of Canada is focused on strengthening and diversifying international partnerships, working with the European Union (EU) to protect and create jobs on both sides of the Atlantic. The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions, and Stéphane Séjourné, the European Commission's Executive Vice-President (EVP) for Prosperity and Industrial Strategy, met on July 11 to advance collaboration under the New Canada–EU Strategic Partnership of the Future. This partnership was announced at the Canada–European Union Leaders' Summit in Brussels on June 23 by the Right Honourable Mark Carney, Prime Minister of Canada; António Costa, President of the European Council; and Ursula von der Leyen, President of the European Commission. Minister Joly and EVP Séjourné agreed to develop a joint work plan in the coming weeks that will determine specific areas of cooperation. They also committed to convening again within the next month to further advance their shared priorities. Recognizing economic diplomacy as a vital tool for fostering stability, innovation and prosperity, both leaders emphasized the importance of deepening cooperation to address global challenges. Quotes "At this pivotal moment, Canada is committed to deepening its partnership with the European Union as we diversify supply chains and enhance trade ties. Together, we are strengthening a trans-Atlantic alliance that will enhance our economic competitiveness and protect critical industries and technologies." – The Honourable Mélanie Joly, Minister of Industry and Minister responsible for Canada Economic Development for Quebec Regions "Today's visit marks the first concrete step toward the deeper cooperation envisioned at the EU–Canada Summit. At a time when the international geoeconomic landscape has rarely been so unstable, strong partnerships and shared perspectives on global trade and industrial trends are more valuable than ever. From expanding our trade ties and strengthening technological and innovation cooperation to increasing the supply of Canadian raw materials, we share an unprecedented range of common interests." – Stéphane Séjourné, Executive Vice-President for Prosperity and Industrial Strategy, European Commission Quick facts Prime Minister Mark Carney launched the New Canada–EU Strategic Partnership of the Future in Brussels with European Council President António Costa and European Commission President Ursula von der Leyen on June 23, 2025. Canada and the EU also signed the Security and Defence Partnership, which provides a framework for dialogue and cooperation in security and defence priorities. SOURCE Innovation, Science and Economic Development Canada

TikTok CEO asks to meet with industry minister over shutdown order
TikTok CEO asks to meet with industry minister over shutdown order

CTV News

time3 days ago

  • Business
  • CTV News

TikTok CEO asks to meet with industry minister over shutdown order

TikTok CEO Shou Zi Chew sits before the 60th Presidential Inauguration in the Rotunda of the U.S. Capitol in Washington on Monday, Jan. 20, 2025. (Kevin Lamarque/Pool Photo via AP) OTTAWA — The CEO of TikTok is asking Industry Minister Mélanie Joly for an urgent meeting about the federal government's order directing the company to shut down its Canadian operations. Shou Chew wrote to Joly on July 2 asking for an in-person meeting within two weeks, according to a letter obtained by The Canadian Press. Chew argued that order was made in different circumstances, when it looked like the United States was going to ban TikTok. 'There is no upside to this outdated and counterproductive government order, which was issued under a different government and in a different era, and which doesn't reflect today's reality,' the letter says. In November, Ottawa ordered the dissolution of TikTok's Canadian business following a national security review of ByteDance Ltd., the Chinese company behind the social media platform. While TikTok has been told to wind down its Canadian operations, the app will continue to be available to Canadians. Chew argued going ahead with that November directive would make Canada an outlier among its allies, including other countries that are part of the Five Eyes intelligence-sharing alliance. He said the order appeared to be based on 'assumptions about TikTok's future in the United States which no longer hold true.' Canada launched its national security review in the fall of 2023 but did not disclose it until March 2024, when the U.S. House of Representatives passed a bill to ban TikTok if ByteDance did not divest its stake. But in June, U.S. President Donald Trump extended the deadline to ban TikTok in the U.S. for a third time. In the July 2 letter, Chew said that without Joly's intervention, the company would soon have to fire more than 350 employees in Canada, stop its direct investment in Canada and cut support for Canadian creators and culture. 'The wind-up process is rapidly approaching a critical juncture,' he wrote. On July 7, TikTok said it was pulling out as a sponsor of several Canadian arts institutions, including the Juno Awards and the Toronto International Film Festival. A spokesperson for Joly did not answer questions about whether the minister has responded to the letter or plans to meet with Chew. TikTok is challenging the shutdown order in Federal Court. It launched a legal challenge in December, arguing the government ordered 'measures that bear no rational connection to the national security risks it identifies.' Ottawa's national security review was carried out through the Investment Canada Act, which allows the government to investigate any foreign investment with the potential to harm national security. When he was industry minister, François-Philippe Champagne said the government was taking action to address 'specific national security risks.' He didn't specify what those risks are. Privacy and safety concerns about TikTok and ByteDance have focused on Chinese national security laws that compel organizations in the country to assist with intelligence gathering. Chew said no evidence has been presented to show that TikTok is a security threat to Canada and the government has not been interested in discussing solutions. He said the government's concerns could be addressed through measures such as enhanced data security protocols and additional transparency and oversight measures. The shutdown order would leave TikTok available to its 14 million users in Canada, Chew said in the letter. But the company would 'no longer have a presence or representatives within Canada's jurisdiction,' he added. He said the company's Canadian employees have appeared at Parliamentary committees, engaged with regulators, trained Canadian law enforcement on how to submit lawful access requests and worked with Elections Canada during the federal election. 'TikTok maintaining a presence in Canada means there is a local team who is accountable to Canadian policy-makers and authorities,' he wrote. This report by The Canadian Press was first published July 14, 2025. Anja Karadeglija, The Canadian Press

EU demand for critical minerals could jump start Canada's sluggish market, Joly claims
EU demand for critical minerals could jump start Canada's sluggish market, Joly claims

National Observer

time3 days ago

  • Business
  • National Observer

EU demand for critical minerals could jump start Canada's sluggish market, Joly claims

Slow-rolling progress in developing Canada's vast reserves of critical minerals could be geared up by demand from Europe for use in advanced military technologies, based on industrial priorities outlined today by the two governments. Critical minerals, a large group of materials including lithium, cobalt and zinc key to energy transition technologies such as solar panels and EV batteries, are also widely used in defense applications, with tungsten in the casing of armour-piercing bullets and so-called rare earth elements found in weapons' guidance systems. Canadian Minister for Industry Mélanie Joly, in a press briefing launching the agreement, said the New Canada-EU Industry Policy Dialogue is designed to 'deepen cooperation across a number of critical sectors,' led by defence, energy and critical minerals, and including quantum computing, and green steel and aluminum. Through transatlantic industrial collaboration, Canada could be 'better aligned' in all sectors, with critical minerals able to meet significant demand from 'defence industries, including aerospace and marine,' she said. 'We are seeing there is lots of interest from many countries, particularly in the EU, that are looking to invest in Canada's [critical mineral sector],' said Joly in response to a question from Canada's National Observer. Joly said the lead-off industrial deal with the EU would include focus on 'creating a stable energy and critical mineral supply chain networks, to protect our economic security, and so, jobs. 'For years we have been looking for the capital to develop the potential of these great mines. It is finally happening. These critical minerals will underpin our economic security.' 'For years we have been looking for the capital to develop the potential of these great mines. It is finally happening. These critical minerals will underpin our economic security," says Canadian minister of industry Mélanie Joly Despite the great promise of Canada's wealth of critical minerals — the government has shortlisted 34 — the resource remains largely untapped — and without a supply chain to handle processing and recycling. In 2022, as part of an early industrial development strategy, Ottawa announced $3.8 billion in federal funding to finance associated geoscience and exploration, mineral processing, manufacturing and recycling applications, as well as research and development. 'Importance of strategic partnerships' But only a handful of critical minerals mining projects have gained traction since then, with embryonic developments in British Columbia, Manitoba, Ontario and Quebec in the past year receiving a further financial boost from the $1.5 billion Canadian Critical Minerals Infrastructure Fund. European Commission executive vice-president of prosperity and industrial strategy Stéphane Séjourné, who made the joint announcement with Minister Joly, said the dialogue "recognized the importance of strategic partnerships" for critical minerals in times of geopolitical uncertainty. Séjourné said foremost on the European mind were 'security and accelerating the [energy] transition and industrial decarbonization' and critical minerals were necessary to these ambitions. 'Economic stability and market visibility [is what we want] for our businesses and industries. Protectionist practices by some only reinforce our belief in diversification. Critical minerals is part of a trade bridge we are building with conviction," he said. Friday's announcement comes on the heels of the New EU-Canada Strategic Partnership of the Future. Signed last month as a negotiating platform for wide-ranging discussions around trade and economic security, digital transition, and climate change and environmental degradation, the agreement included Canada's participation in Security Action for Europe , an instrument of the European rearmament initiative, Readiness 2030. At the G7 summit, hosted by Canada in Kananaskis, Alta. in June, the member nations and the EU launched a high-level 'action plan' to head off what is perceived as the global 'economic threat' posed by China's stranglehold on critical minerals markets via a three-pillar plan: internationally-agreed standards of operation, mobilizing sustainable finance, and fast-tracking the development of missing links in critical mineral supply chains.

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