McMaster experts available to discuss federal Spring Economic Update

Hamilton, ON, April 24, 2026 – Amid efforts to diversify trade relationships, housing affordability issues, and recent economic challenges due to the conflict in the Middle East, the Carney government has its work cut out for it. On Tuesday, April 28, the federal government will table its Spring Economic Update to address how it plans to meet these challenges. 

“The reality is that the government cannot insulate us from global economic shocks, but short-term policies to put more money into the pockets of Canadian families can offer some help,” said Colin Mang, assistant professor in the Department of Economics. 

While international trade diversification is a worthy goal, Canada lacks the physical infrastructure to make it happen in the short-term. 

“New investments in ports, energy pipelines, and more are needed to get more Canadian products to overseas markets. These investments will take years to build and require significant government support.” 

According to the Department of Finance Canada, Tuesday’s update will highlight Canada’s plan to build the strongest economy in the G7 and outline additional actions that the Liberal government is taking to “drive prosperity, play to Canada’s strengths, and support Canadians where and when they need it the most.” 

McMaster experts are available to comment on the Spring Economic Update: 

Colin Mang (assistant professor, Department of Economics) can be reached at colinmang@mcmaster.ca.  

Pau Pujolas (associate professor, Department of Economics) can be reached at pujolasp@mcmaster.ca.