The federal government announced tariffs on $27.6 billion in U.S. goods and a $7.5-billion support package Tuesday in Ottawa to help Canadian businesses and workers withstand the escalating trade war.
U.S. President Donald Trump threatened Monday to impose 50-per-cent tariffs on Canadian vehicles and auto parts, then attacked Prime Minister Mark Carney and Ontario Premier Doug Ford as the Conservative opposition demanded details of failed trade negotiations.
Prime Minister Mark Carney said Canada was under economic attack Saturday after trade negotiations collapsed, new U.S. tariffs took effect and he suggested divisions inside U.S. President Donald Trump’s administration contributed to the breakdown.
Canada suspended trade negotiations with the United States and pledged dollar-for-dollar retaliation as additional 50-per-cent U.S. tariffs took effect early Saturday on about $28 billion in Canadian goods.
The United States postponed planned 50 per cent tariffs on a range of Canadian goods for three days as U.S. President Donald Trump said the two countries had reached a trade deal.
Environmental groups and coastal First Nations say a major economic agreement announced this week between British Columbia and the federal government protects the North Coast tanker ban, but leaves new concerns about a possible southern oil pipeline route.
Canada and British Columbia announced a broad agreement that would preserve the oil tanker moratorium on the north coast and ensure B.C. would see economic benefits if Alberta’s proposed pipeline project goes forward.
After more than two years of negotiations, both Canada Post and the Canadian Union of Postal Workers (CUPW) have reached agreements in principle covering the union’s urban and rural bargaining units.