US EditionCanada aims for free internal trade that can offset any US tariffs, Carney says
- Nanaimo's city officials are actively monitoring U.S. tariffs, indicating that any kind of escalation of the trade war has the potential to negatively impact the costs of delivering projects, according to Dale Lindsay, the chief administrative officer.
- Most steel piping for the city comes from the U.S. or overseas, as explained by Bill Sims, the general manager of engineering and public works.
- Wendy Fulla, the city's director of finance, stated they are taking proactive steps to mitigate the impact of retaliatory trade tariffs between Canada and the U.S.
- Nanaimo operates under a trade investment mobility agreement, allowing exclusive contracts for goods below certain funding thresholds, as explained by Rushton.
23 Articles
23 Articles
This is unanimous: one of Mark Carney's first election promises is seen with a very good eye by Quebec's housing community. In addition to helping young buyers, the abolition of the GST on the purchase of a first home would, in their opinion, stimulate residential construction.
Canada aims for free internal trade to offset tariffs
Prime Minister Mark Carney on Friday said Canada could offset the effects of any US tariffs by removing internal trade barriers and that he aimed for free trade within the country by July 1, after meeting provincial and territorial leaders. "We are committing to table legislation by the 1st of July for goods to travel across the country... free of federal barriers," Carney told reporters. "We can more than offset the effects of any US tariffs by…
Trump's Tariffs Are Driving the UK to Diversify Its Energy Trade
With the United States threatening to impose tariffs on products from several countries worldwide, many governments are looking to strengthen alternative trade links to secure their supply chains. U.S. President Donald Trump has already imposed some trade tariffs on Mexico and Canada – despite their ongoing UMSCA free trade agreement – and China and has threatened tariffs on other countries and regions, notably the European Union. This has encou…
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