Carney Says Major Projects Coming to Combat Trade War ‘Crisis’

Canadian Prime Minister Mark Carney says he’ll announce Thursday the first wave of major projects to be fast-tracked under a new law passed by his government.

The law aims to speed up regulatory reviews for projects deemed to be in the national interest, with the goal of permitting them within two years. Carney wants to expand Canada’s infrastructure, such as ports and rail lines, to allow exporters to reach new trading partners and reduce their reliance on the US.

He previewed the announcement in opening remarks to his Liberal Party caucus, which includes 169 elected lawmakers, at the start of ...