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In the news today: Ottawa announces retaliatory tariffs, B.C. wildfires, OSAP changes
The tariffs respond to U.S. demands Canada says would limit its trade autonomy and cultural protections, prompting Ottawa to suspend negotiations.
On Saturday, Aug. 22, Prime Minister Mark Carney announced that Canada will impose retaliatory tariffs on the United States starting Sept. 8 in response to trade disputes.
Carney suspended trade talks with the U.S. last Friday after accusing it of introducing last-minute demands that would limit Canada's ability to make independent trade deals.
Accusing the U.S. of attempting to restrict Canada's sovereignty, Carney highlighted how the demands challenged the country's ability to protect its cultural sectors during negotiations.
Federal government officials will unveil complete details of the retaliatory measures today, Tuesday, Aug. 25, clarifying which sectors and products face the new tariffs.
Bilateral trade relations between Canada and the United States face significant disruption as the country prepares to implement counter-tariffs addressing the escalating dispute.