Ten New Drivers

In a recent Tuesday TUNE-UP, I talked about PESTLE analysis. The timing was uncanny.

Because Canada just got a new Prime Minister: Mark Carney.

And on day one, he laid out one of the most business-relevant political agendas we’ve seen in years. Here are 10 key drivers you need to track:

Middle-Income Tax Cut - More disposable income = more spending. Especially good news for SMEs in retail, services, and hospitality.
Carbon Tax Repeal (for consumers) - Energy gets cheaper, but heavy industry still pays. SMEs in transport, ag, and logistics should run the numbers now.
Interprovincial Trade Reform - Scaling across provinces just got easier. Less red tape, more reach - especially for food, alcohol, and small-batch goods.
Green Incentives - Big demand spikes coming for EVs, retrofits, and clean tech. A golden moment for eco-driven businesses.
Housing Stimulus + GST Relief - More building means more opportunity in trades, prefab housing, smart tech, and materials. Domestic or foreign, this is your window.
Trade Diversification - Canada is looking beyond the US toward Europe and Asia. That opens new doors for international SMEs.
$10-a-Day Childcare - This isn’t just social policy. It boosts the labour force, especially for working parents, and helps solve hiring gaps.
Healthcare Modernization via AI - Healthtech, data analytics, and medical AI companies: Canada’s public sector is about to go shopping.
Arctic Infrastructure & Defence Spending - A sleeper opportunity for SMEs in clean tech, logistics, drones, and cold-climate operations.
A Smaller, Streamlined Cabinet - Faster decisions. Clearer signals. Less red tape. That’s the goal, and it matters for anyone navigating regulation.

Final thought: Every one of these moves has promise. But promise alone doesn’t drive revenue. Especially if you’re late to adapt.

Think strategically. Run the scenarios. Stay nimble.

See you next time,

Andrew