Carney warns Canada's pivot from U.S. 'will come at a cost' as Ottawa's counter-tariffs take effect
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tariffs → warn → effect
Canadian tariffs on billions of dollars worth of imported American goods took effect just after midnight, escalating the ongoing trade dispute with the United States.
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tariffs → import → States
- Prime Minister Mark Carney warned Canadians in a new video that Canada's pivot away from the United States will come at a cost, but that the alternative would be far worse.
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alternative → warn → cost
- The U.S. will consider imposing retaliatory tariffs on Canadian goods as early as today, U.S. Trade Representative Jamieson Greer said this morning.
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Greer → consider → today
Greer and U.S.-Canada Trade Minister Dominic LeBlanc will speak today, Radio-Canada reports.
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Canada → speak → ?
- The $27.6-billion, dollar-for-dollar tariffs, which range from 15 to 50 per cent, match the latest slate of U.S. tariffs on Canadian products imposed by the White House after trade talks fell apart last month.
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talks → range → House
Pinned
Carney says Canada's pivot away from the U.S. will be costly in new video
In a new video that has just been posted online, Prime Minister Mark Carney warns Canadians that Canada's pivot away from the United States will come at a cost, but that the alternative would be far worse.
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alternative → say → cost
"We have everything we need to pivot and prosper," Carney said.
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Carney → have → everything
"That pivot will come at a cost.
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pivot → come → cost
But it doesn't come close to the cost of standing still.
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it → come → cost
It's about our livelihoods and the country that we leave to our kids.
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we → leave → kids
It's about making Canada strong and it's about the compassion that makes us who we really are."
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we → make → compassion
The video is the latest in a series Carney has used to update Canadians on the government's response to U.S. trade actions.
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Carney → use → actions
Verity StevensonLeBlanc and Greer to speak today, Canada expecting U.S. measures
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Canada → speak → measures
Sources have confirmed to Radio-Canada that LeBlanc and Greer will speak today.
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LeBlanc → confirm → Canada
Greer is expected to brief Canadian representatives on the U.S. response to Ottawa's counter-tariffs as well as "next steps" for the two countries.
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Greer → expect → countries
More talks are also expected later this week.
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talks → expect → ?
Quebec is trying to cushion the blow from the trade war
Quebec Premier Christine Fréchette took some questions in English on Tuesday about her plan for the province as Canadian counter-tariffs on the U.S. took effect.
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tariffs → try → effect
Frechette said her priority is protecting jobs and the economy.
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priority → say → jobs
Fréchette said Quebec is also introducing measures to give Québécois companies an advantage in public tenders, while maintaining existing penalties for American companies bidding on contracts.
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Quebec → say → contracts
The measures will last for four months, with Fréchette saying about $1.5 billion in contracts could be affected during that period.
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billion → last → period
She said the government is also setting up a team to help Quebec small- and medium-sized businesses find buyers and contracts elsewhere in Canada.
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businesses → say → Canada
The province already had a program providing temporary liquidity support to manufacturers and primary sector businesses facing tariffs of 25 per cent or more, while a separate emergency program supports smaller businesses.
It has also offered six-month repayment deferrals on some local investment funds.
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In Quebec's aluminum sector, for example, more than $20 million in federal funding had been provided to 27 organizations by May to help businesses improve productivity, strengthen competitiveness and find new markets, Fréchette said.
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Fréchette → provide → markets
- Verity Stevenson
Quebec premier says 'nothing is excluded' when it comes to supporting Bombardier
Quebec Premier Christine Fréchette says the province could provide financial support to Bombardier if Trump follows through on his threat to block the Montreal-based plane maker from selling aircraft in the United States.
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Trump → say → States
"Nothing is excluded for the moment," Fréchette said when asked whether financial assistance for Bombardier was being considered.
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assistance → exclude → Bombardier
Fréchette, the leader of the Coalition Avenir Québec party, was holding a news conference in Quebec City amid the provincial election.
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Fréchette → hold → election
Opposition parties have criticized her for holding an emergency meeting with ministers on the subject of trade over the weekend.
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parties → criticize → weekend
Fréchette has defended her actions, saying she won't apologize for "governing."
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she → defend → governing
Trump targeted Bombardier in a social media post Monday, saying the company would no longer be allowed to sell in the U.S. unless it starts manufacturing there.
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it → target → U.S.
Fréchette said Bombardier is a "jewel" at the heart of Quebec's aerospace expertise, employing thousands of people in the province and the United States.
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Bombardier → say → province
She said she spoke with Bombardier CEO Éric Martel Monday and that the Quebec government is preparing to respond if Trump's threat becomes reality.
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threat → say → Martel
Fréchette noted that Bombardier has 2,800 U.S. suppliers and thousands of American jobs tied to its operations and that a U.S. ban could have consequences on both sides of the border.
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ban → note → border
She said about 15 per cent of Quebec's exports come from Bombardier, calling that "enormous."
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cent → say → that
For now, however, Fréchette said the province is treating Trump's post as a threat rather than an implemented policy.
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province → say → threat
"Sometimes it's the preamble to an action, sometimes it's a threat that doesn't go anywhere," she said.
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she → go → action
"I hope with all my heart that it doesn't go anywhere."
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it → hope → heart
- Peter Zimonjic
Carney says Canada's pivot away from the U.S. will be costly in new video
In a new video that has just been posted online, Prime Minister Mark Carney warns Canadians that Canada's pivot away from the United States will come at a cost, but that the alternative would be far worse.
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alternative → say → cost
"We have everything we need to pivot and prosper," Carney said.
"That pivot will come at a cost.
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pivot → have → cost
But it doesn't come close to the cost of standing still.
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it → come → cost
…and 49 more, not listed.
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