Canada will match the new U.S. tariffs dollar for dollar.
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In addition, we are introducing $7.5 billion in new and enhanced measures to support Canadian workers and businesses. That builds on the nearly $25 billion in supports introduced since the implementation of the U.S. unjustified tariffs.
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Defending Canadian jobs, industries, and families.
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Read more:
https://t.co/7m8C6HlLU2
This is what it means to build our strength at home.
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Six new icebreakers for the Canadian Coast Guard built by Canadian workers, with Canadian steel and Canadian expertise â contributing to a stronger, more self-reliant and sovereign Canada.
Iâm happy to be back in Ottawa after weeks of intensive discussions in Washington.
I joined Prime Minister Carney for a press conference, followed by a virtual meeting with provincial and territorial premiers and members of the Advisory Committee on Canada-U.S. Economic Relations to provide an update on next steps for Canada.
Team Canada is strong and united. Weâll continue supporting Canadian workers and businesses, building our strength at home and diversifying our partnerships abroad.
Well done, Prime. Minister. đđŒđđŒđđŒ
Canada clearly made a serious, good faith effort to get greater stability and market access, and remains ready to find a fair, balanced agreement.
But we are not cravenly surrendering in the face of constant economic and political aggression.
Responding to the new US tariffs with counter tariffs is exactly the right thing to do at this time.
People in the Trump Administration keep expressing outrage that Canada is the only country in the world apart from China to retaliate against US tariffs.
Damn right we are. Makes me proud to be Canadian.
#ProudToBeCanadian #StrongAndFree
While on CNN, I was asked if Nova Scotia is looking to diversify trade in response to the actions of the Trump administration.Â
I said clearly to their audience that the answer is âyesâ. When one tweet in the middle of the night from the President can create chaos of our economy, itâs not a long-term plan to rely so heavily on that market. Thatâs why Iâm continuing to work to attract investment into our province, while also identifying partners to get Nova Scotian products into new markets.Â
This is about protecting Nova Scotiaâs future. Identifying new markets and developing our resources is how we continue paying for healthcare, education, and infrastructure while working to bring taxes in-line with the rest of Canada. Iâm committed to doing this work to keep building Nova Scotia.
211 bands from 14 countries â and Canadians are taking home the trophy đšđŠ
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Congratulations to the Simon Fraser University Pipe Band. The first champions from outside the UK in 16 years.
I met with my counterpart, United States Trade Representative Jamieson Greer, this afternoon in Washington, D.C. alongside Canadaâs Chief Trade Negotiator. This is our fourth meeting in the last three weeks.
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Negotiations are ongoing, and we continue to advance Canadaâs interests.
Iâm back in Washington, D.C. this week alongside Chief Trade Negotiator Charette.
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Today, we met with United States Trade Representative Jamieson Greer. Discussions remain ongoing, and we continue to engage at the negotiation table to firmly advance and defend Canadian interests.
This afternoon, I met with members of the Advisory Committee on Canada-U.S. Economic Relations to provide an update on the United States administration's intention to impose a new 50% tariff on a number of Canadian goods.
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Canada remains ready to engage intensively with the U.S. to find solutions that benefit workers, farmers, businesses and families in both countries.
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To learn more, visit: https://t.co/XKmhlKiISv
As we transform our economy by advancing major, nation-building projects, we will do so in partnership with First Nations across Canada and while upholding their rights, territories and communities â so that everyone has a seat at the table and a role in building a stronger Canada.
Following recent engagements with the U.S. and Mexico as part of the CUSMA Joint Review, I updated members of the Advisory Committee on Canada-U.S. Economic Relations on our discussions and priorities.
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We also spoke about Canadaâs effort to dismantle the fentanyl trade, to strengthen our national defence capabilities and contribute to a stronger North American economy.
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To learn more, visit: https://t.co/EPZgYldoVX
Over the past year, the Government of Canada took unprecedented action to eliminate barriers to internal trade.
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These efforts have earned the federal government an A+ grade from the Canadian Federation of Independent Business (CFIB).
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We are committed to maintaining this momentum and working with provinces and territories to accelerate the expansion of internal trade across the country.
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To learn more, visit: https://t.co/SpVnCob6EG
TMX is wildly profitable. Tolls are only part of the full story.
TMX generates over $1.7B per year for Canada through our ownership position.
It also results in an additional $46.7B in royalties and taxes over the first 20 years of operations, and there are substantial benefit agreements in place with First Nations.
An excellent return on $34B. But because the commercial tolls only tell part of the story of return TMX is also an excellent illustration of why infrastructure that provides broader public and economic return is often backstopped by or involves government involvement (see: roads, rail, etc)