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Quebec government to support businesses affected by U.S. tariffs, says it will retaliate

  • Quebec Premier François Legault announced a program to offer up to $50 million in loans to vulnerable companies affected by U.S. Tariffs, which he called an unjustified attack on Quebec's economy.
  • Legault warned that U.S. Tariffs could result in a loss of up to 160,000 jobs in Quebec if maintained for over a year.
  • The province will impose penalties on American companies that bid on public contracts.
  • The mayors of Quebec's three largest cities aim to communicate to American leaders that the tariff war will impact both countries.
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National Observer broke the news in Canada on Tuesday, March 4, 2025.
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