US EditionOttawa planning pandemic-level relief for workers, businesses if Trump imposes tariffs: Report
- The Canadian government, led by Prime Minister Justin Trudeau, is reportedly planning a pandemic-style bailout program if President Donald Trump imposes tariffs on February 1, as reported by The Globe and Mail.
- The bailout would require approval from the Canadian Parliament, which is currently paralyzed until at least March 24, limiting action before the tariff deadline.
- The opposition Conservative Party, led by Pierre Poilievre, has criticized the Liberal government's handling of the situation and called for a return to Parliament to address the tariff threat.
- Premiers Doug Ford and François Legault are also preparing plans to support businesses and individuals in response to potential tariffs, though concerns about inflation and government spending persist.
38 Articles
38 Articles
Canada to offer pandemic-level economic support if hit by US tariffs
Ottawa, Canada — Ottawa will provide pandemic-level financial support to Canadian workers and businesses if US President Donald Trump follows through on sweeping tariff threats, officials said Wednesday. Trump has said he would impose 25 percent tariffs on imports from Canada and Mexico as early as February 1 unless more action is taken to prevent
Canada to offers ‘pandemic-level’ financial support amid Donald Trump’s tariff threats
Canada is prepared to offer pandemic-level financial support to workers and businesses if the US imposes tariffs. Officials emphasize that workers should not bear the costs of US decisions, referencing past Covid-19 responses as a model for potential aid.
Canada is preparing to provide substantial aid, valued at several billions, as during the COVID-19 pandemic, to the country's workers and businesses if Donald Trump makes good on his threat to impose tariffs.
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